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6730 N Paramount Boulevard, Long Beach, California 90805, Long Beach, 90805 - bed, bath

6730 N Paramount Boulevard, Long Beach, California 90805 home-pic-0
ACTIVE$949,900
6730 N Paramount Boulevard, Long Beach, California 90805
0Bed
0Bath
2,032Sqft
5,225Lot
Year Built
1955
Close
-
List price
$950K
Original List price
$975K
Price/Sqft
$467
HOA
-
Days on market
-
Sold On
-
MLS number
DW24243216
Home ConditionFair
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $949.9K(52th), sqft - 2032(58th), beds - undefined(50th), baths - undefined(50th).

**Income-Producing Four-Unit Property in Long Beach** **Address:** 6730 N Paramount Blvd, Long Beach, CA 90805 Prime investment opportunity with this single-story, four-unit property totaling 2,032 sqft. Designed for low-maintenance and secure living, this property is tenant-ready and offers strong income potential. This property has potential of two additional ADU with future construction approval as well. **Gated Entry & Security Features**: Gated access, security doors, and window bars for each unit ensure tenant safety. **Privacy Enhancements**: Brick privacy wall surrounds the property. **On-Site Parking**: Dedicated parking spaces for all units at the rear of the property. **In-Unit A/C**: Each unit includes in-window air conditioning, a sought-after amenity for tenants. **Turnkey Exterior**: Orange stucco finish with mature landscaping enhances curb appeal. Centrally located with easy access to amenities, this property is ideal for investors looking to expand their portfolio with steady rental income potential. Inquire now for details and a showing!

Price History

Date
Event
Price
08/05/25
$949,900
12/04/24
$975,000
08/22/00
Sold
$220,000
04/27/99
Sold
$130,000
Condition Rating
Fair
The property was built in 1955, making it 69 years old. While the exterior appears maintained and the listing states it's 'tenant-ready' and 'low-maintenance,' there are no interior images to assess the condition of kitchens, bathrooms, flooring, or other internal components. The mention of 'in-window air conditioning' suggests outdated cooling systems. Without evidence of recent major renovations (within the last 15-30 years), it's highly probable that the interior finishes, appliances, and major systems are functional but significantly outdated, aligning with the 'Fair' condition criteria for an aged but maintained property requiring minor updates.
Pros & Cons

Pros

Income-Producing Quadruplex: A prime investment opportunity with four existing units, offering immediate and steady rental income potential.
Significant ADU Potential: The property offers potential for two additional Accessory Dwelling Units (ADUs), providing a clear path for substantial future income growth and increased property value.
Enhanced Security & Privacy Features: Gated entry, security doors, window bars, and a surrounding brick privacy wall ensure tenant safety and a secure living environment, appealing to long-term renters.
Tenant-Friendly Amenities & Parking: Dedicated on-site parking for all units and in-window air conditioning in each unit are sought-after amenities that enhance tenant appeal and retention.
Low-Maintenance & Turnkey Exterior: Designed for low-maintenance living with a 'turnkey' stucco exterior and mature landscaping, reducing ongoing management effort for investors.

Cons

Age of Construction: Built in 1955, the property's age may suggest older infrastructure and potential for future capital expenditures on systems like plumbing or electrical.
In-Window Air Conditioning: While present, the use of in-window air conditioning rather than central air may be less efficient and less desirable for some tenants, potentially limiting rental upside compared to properties with central HVAC.
Relatively Small Unit Footprint: With 2,032 total square feet across four units, individual unit sizes are likely compact, which could limit the tenant pool or achievable rental rates for those seeking larger living spaces.

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