Charming 4 Unit Investment Opportunity in Desirable Lakewood Village Located in one of Long Beachs most sought after neighborhoods, this rare 4 unit property presents a fantastic opportunity for both investors and owner occupants. The building features three spacious 2 bedroom units and one 1 bedroom unit, each offering private front and rear entrances and a comfortable, functional layout. Three of the units were remodeled approximately 3 years ago with upgraded tile flooring, PEX plumbing, modern kitchen cabinetry, and fixtures. Property Highlights: Strong Existing Cash Flow: The property currently generates over $10,100 per month in rental incomenot including potential income from the five unrented garages. Updated Interiors & Private Access: Well maintained units with classic hardwood floors (in several), upgraded finishes in remodeled units, and excellent natural light throughout. In Unit Laundry Hookups + Central Facility: All three remodeled units include their own laundry hookups, in addition to a shared on site laundry area for tenant convenience. Unrented Garages Additional Income Potential: With market rents in the area averaging ~$249/month per garage, the five garages could add nearly $15,000/year in additional revenue. Low Maintenance Operations: Each unit is separately metered for gas and electricity, with tenants covering their own utility costs. Landscaped grounds are maintained by an automatic sprinkler system. Prime Location Across from Heartwell Park: Tenants enjoy direct access to walking and biking trails, a duck pond, outdoor fitness course, and community library. Close to Cal State Long Beach, Long Beach City College, and an abundance of nearby shopping, dining, and entertainment options. A Smart, Versatile Investment Ideal for buyers seeking a stable, income generating asset with long term upside, or for owner occupants looking to live in one unit while offsetting expenses with rental income. Creative financing options may be availablecontact listing broker for details. Showing Remarks: Fully occupied. No showings at this time.