LOCALLA

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Sold for $1,250,000

$1,250,000

7 beds · 6 baths · 2,630 sqft

534 Maine Ave Long Beach CA 90802

Residential Income

Built 1924

N/A

$475/sqft

No HOA

N/A

What's Special

CableCeiling fanDishwasherDryerHood fanMicrowave

534 Maine Ave is a 4-unit building, originally built in 1924. This property comprises (3) spacious 2-bedroom units, each approximately 725 square feet, and (1) 1-bedroom unit at 460 square feet. One of the 2-bedroom units are currently vacant offering opportunity for a owner-user. Additionally, there is a 30% potential rental upside, providing an excellent opportunity for income growth with market adjustments. The property has been meticulously maintained and upgraded, reducing the need for substantial capital expenditures. The owner has undertaken significant improvements, including modern renovations to all units, creating a fresh, move-in-ready atmosphere. Updated landscaping enhances the curb appeal and ensures low-maintenance upkeep for future ownership. Each unit is individually metered, the owner covers water and sewer costs, while tenants are responsible for gas, trash, and electricity. This is a perfect fit for an investor or owner-user looking for a turnkey, well-located property with major capital improvements already completed, offering immediate cash flow and future upside potential.

Days On Market: 13

Listing updated: January 4, 2025 at 08:26 PM

Listed by: John McCann DRE #01963932, Lyon Stahl Investment Real Estate, Inc.

jack@lyonstahl.com

Source: CLAW    MLS#: 24-462853

Features & Facts

Interior

  • Bedrooms: 7
  • Bathrooms: 6
  • Square Feet: 2630
  • Year Built: 1924

Contact a Buyer's Agent

Connect with Tony O'Brien — REALTOR, The Sher Group & LOCALLA

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MLS

© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW) as of 10/9/2026, 12:41:21 AM. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Tony O'Brien DRE #02200838 | The Sher Group DRE #02022464

Equal Housing Opportunity