About 1216 E 56th
Great investment opportunity in Long Beach! This upgraded quadplex offers strong income potential with an approximate **7% cap rate** and **one unit currently vacant**, creating an ideal option for an owner-user or investor looking to place a new tenant at market rent. The property features **four total units**, with the remaining units occupied and income-producing. Recent improvements include an updated exterior, refreshed interiors in select units, modern finishes, and clean curb appeal. Each unit has dedicated parking, adding convenience and value for tenants. With solid rental income, recent upgrades, and upside potential through the vacant unit, this property is a great addition to any rental portfolio. Along with Community Laundry. Buyer to verify all rents, expenses, cap rate, permits, unit mix, and property details.
Features of 1216 E 56th
| MLS® # | DW26145351 |
|---|---|
| Price | $1,199,999 |
| Sold Price | $1,300,000 |
| Bedrooms | 8 |
| Bathrooms | 4.00 |
| Lot Sqft | 4,806 |
| Acres | 0.11 |
| Year Built | 1965 |
| Type | Residential Income |
| Sub-Type | Quadruplex |
| Status | Closed |
| # Of Units | 4 |
Community Information
| Address | 1216 E 56th |
|---|---|
| Area | 7 - North Long Beach |
| Subdivision | North Long Beach (NLB) |
| City | Long Beach |
| County | Los Angeles |
| Zip Code | 90805 |
Amenities
| Utilities | Cable Available, Electricity Available, Sewer Available, Water Available |
|---|---|
| Parking Spaces | 4 |
| Parking | Assigned, Carport |
| # of Garages | 4 |
| Garages | Assigned, Carport |
| View | None |
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Heating | Radiant |
|---|---|
| Cooling | None |
| Has Basement | No |
| Fireplace | No |
| Fireplaces | None |
| # of Stories | 2 |
| Stories | Two |
Exterior
| Lot Description | ZeroToOneUnitAcre |
|---|
Additional Information
| Date Listed | July 3rd, 2026 |
|---|---|
| Date Sold | August 11th, 2026 |
| Days on Market | 7 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Christina Mercado |
|---|---|
| Office | Circle Real Estate |