660 Obispo Avenue, Long Beach, California 90814, Long Beach, 90814 - bed, bath
ACTIVE$1,495,900
660 Obispo Avenue, Long Beach, California 90814
0Bed
0Bath
4,158Sqft
6,753Lot
Year Built
1969
Close
-
List price
$1.5M
Original List price
$1.55M
Price/Sqft
$360
HOA
-
Days on market
-
Sold On
-
MLS number
PW25183763
Home ConditionFair
Features
Patio
ViewNeighborhood
About this home
We found 3 Cons,5 Pros. Rank: price - $1.50M(50th), sqft - 4158(71th), beds - undefined(50th), baths - undefined(50th).
Prime Investment Opportunity in Long Beach! This well-maintained fourplex at 660 Obispo Ave features a spacious 3-bed, 2-bath unit and three 2-bed, 1-bath units, offering excellent rental potential. The property includes a shared laundry room, five detached single-car garages, and an additional outdoor space with ADU potential (buyer to verify). Conveniently located near local shops, restaurants, CSULB, and the ocean, this is an ideal opportunity for investors or owner-occupants looking to generate income in a sought-after area.
Price History
Date
Event
Price
08/30/25
Price Change
$1,495,900-3.5%
08/14/25
Listing
$1,550,000
04/26/01
Sold
$480,000
02/08/99
Sold
$340,000
Condition Rating
Fair
Built in 1969, this property is over 50 years old. While described as 'well-maintained,' the images reveal significantly outdated interiors, particularly in the kitchen and bathrooms. The kitchen features dated light wood cabinets, laminate countertops, older white appliances, and linoleum flooring. Bathrooms show similar dated vanities and fixtures. The overall aesthetic is functional but clearly from an older era, indicating no major renovations have occurred in the last 20-30 years. The property is livable and appears structurally sound, but requires substantial cosmetic updates to meet current market expectations and styles.
Pros & Cons
Pros
Prime Investment Opportunity: This property is a well-maintained quadruplex, explicitly marketed as a 'Prime Investment Opportunity' and 'Residential Income' property, offering excellent rental potential for investors or owner-occupants.
Desirable Location: Conveniently located in the sought-after Bluff Park subdivision, near local shops, restaurants, CSULB, and the ocean, enhancing its appeal to tenants and long-term value.
ADU Potential: The property includes additional outdoor space with Accessory Dwelling Unit (ADU) potential, offering a significant value-add opportunity for future income generation or increased property value.
Ample Parking: Features five detached single-car garages, providing valuable and sought-after parking solutions for tenants in a multi-unit property.
Diverse Unit Mix: Comprises a spacious 3-bedroom, 2-bathroom unit and three 2-bedroom, 1-bathroom units, appealing to a wider range of potential tenants and offering flexibility in rental income.
Cons
Property Age: Built in 1969, the property is over 50 years old, which may imply older systems, potential for deferred maintenance, or a need for modernization to attract top-tier tenants.
ADU Verification Required: While ADU potential is a strength, the description states 'buyer to verify,' indicating that the feasibility and costs are not confirmed, requiring additional due diligence and investment from the buyer.
Standard Neighborhood View: The property offers a 'Neighborhood' view, which, while pleasant, does not provide premium vistas (e.g., ocean, city lights) that could command higher rental rates or sale prices.