2533 Eucalyptus Avenue, Long Beach, California 90806, Long Beach, 90806 - bed, bath

2533 Eucalyptus Avenue, Long Beach, California 90806 home-pic-0
ACTIVE$1,775,000
2533 Eucalyptus Avenue, Long Beach, California 90806
0Bed
0Bath
4,196Sqft
6,808Lot
Year Built
1931
Close
-
List price
$1.77M
Original List price
$1.77M
Price/Sqft
$423
HOA
-
Days on market
-
Sold On
-
MLS number
DW25170246
Home ConditionExcellent
Features
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.77M(94th), sqft - 4196(88th), beds - undefined(50th), baths - undefined(50th).

Brand-new construction meets vintage charm in this fully occupied, income-producing Long Beach fourplex bringing in $12,300/month. This fully upgraded four-unit property blends character and modern comfort in a highly accessible Long Beach location. The front unit showcases a vibrant and inviting design with arched doorways, original hardwood flooring, and a bright, open layout. The updated kitchen features bold turquoise shaker cabinets, quartz countertops, a mosaic tile backsplash, stainless steel appliances, and ample natural light. The bathroom offers spa-like finishes with marble-style tile, a soaking tub, a large walk-in shower with built-in niches, and a dual vanity with chrome fixtures. Bedrooms are spacious and airy, maintaining vintage charm while offering everyday functionality. The two rear units have been newly constructed and thoughtfully designed with vaulted ceilings, recessed lighting, and modern wood-style LVT flooring. Each includes an open-concept kitchen with white shaker cabinetry, quartz countertops, designer tile backsplashes, pendant lighting, and stainless steel appliances. Bathrooms are sleek and stylish with glass-enclosed showers, matte black hardware, and quartz-topped vanities. Additional features include mini split heating and cooling systems, modern ceiling fans, and French door access that enhances natural light and indoor-outdoor flow. Each unit enjoys a private entrance and has been finished with durable, low-maintenance materials ideal for rental income or multi-generational living. Located near shopping, schools, freeways, and public transit, this is a turnkey opportunity with both immediate income potential and long-term value.

Nearby schools

8/10
Lafayette Elementary School
Public,K-50.1mi
6/10
Birney Elementary School
Public,K-50.6mi
5/10
Burnett Elementary School
Public,K-50.8mi
8/10
Los Cerritos Elementary School
Public,K-51.7mi
6/10
Robinson Academy
Public,K-80.4mi
6/10
Washington Middle School
Public,6-81.3mi
7/10
Hughes Middle School
Public,6-81.9mi
3/10
Cabrillo High School
Public,9-121.2mi
6/10
Polytechnic High School
Public,9-121.3mi

Price History

Date
Event
Price
08/22/25
Listing
$1,775,000
03/06/23
Sold
$867,000
11/10/10
Sold
$412,500
Condition Rating
Excellent

Despite being built in 1931, this property has undergone extensive, high-quality renovations and new construction. The description explicitly states that two rear units are 'newly constructed' with modern features like vaulted ceilings, LVT flooring, open-concept kitchens with white shaker cabinets, quartz countertops, stainless steel appliances, and mini-split HVAC systems. The front unit is described as 'fully upgraded' with an 'updated kitchen' featuring bold turquoise shaker cabinets, quartz, stainless steel appliances, and a bathroom with 'spa-like finishes' including marble-style tile, a soaking tub, and walk-in shower. The images confirm these modern, virtually new conditions in both the renovated and newly built sections, showcasing contemporary styles, fixtures, and appliances. All components appear new or virtually new, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Income-Producing & Fully Occupied: This fourplex is fully occupied and generates a substantial income of $12,300/month, offering immediate cash flow and a proven return on investment.
Extensive Modern Upgrades & New Construction: The property features a blend of fully upgraded vintage units and newly constructed rear units, boasting modern amenities, high-end finishes, and mini-split HVAC systems for tenant comfort.
Turnkey Investment Opportunity: Presented as a turnkey property, it's ready for immediate operation, minimizing initial setup efforts for investors and offering both short-term income and long-term value.
Desirable Unit Features & Low Maintenance: Units offer appealing features like original hardwood, quartz countertops, spa-like bathrooms, private entrances, and durable, low-maintenance materials, ideal for rental longevity.
Prime & Accessible Location: Situated in a highly accessible Long Beach location, it's conveniently near shopping, schools, freeways, and public transit, enhancing tenant demand and property value.

Cons

Age of Original Structure: While extensively upgraded, the original structure dates back to 1931, which could imply potential for unseen issues with underlying systems (plumbing, electrical) not fully replaced, or higher long-term maintenance for the older components.
Lack of Explicit Parking Details: The description does not specify dedicated parking for each unit, which could be a significant drawback for tenants in a dense urban area like Long Beach, potentially limiting tenant pool or commanding lower rents.
Limited Private Outdoor Space (Inferred): Despite mentioning French doors, the property description does not detail significant private outdoor spaces or yards for each unit, which can be a highly desired amenity for multi-unit living and multi-generational tenants.

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