$1,395,000 - 573 Nebraska, Long Beach
- 8Beds
- 7Baths
- 0.17Acres
Long Beach Home Sale
Huge 1960's construction 4 unit in 5 blocks to the beach with all townhome style units. Extra large owner's unit currently configured as 2 beds and 2 baths, but originally 3 beds with primary suites. Three other large two story 2 bedroom units, one with 1 bath, and two with 2 baths. 2 out of 4 units recently remodeled with vinyl floors, new kitchens, and bathrooms. Large lot with 5 garages spaces plus extra square footage in the rear. Very attractive metrics at $291/square foot, 12.3X GRM on actuals with a significant 16% upside to 10.5X GRM and a market cap rate of 5.8%. Ideal location in the heart of Alamitos Beach only 5 blocks to the sand. 3 blocks from Downtown Long Beach's East Village Arts District with numerous restaurants, retail, and entertainment options. Over $8 Billion in new development in the immediate vicinity. 63% of households within 5 miles are renters with an average household income of $98,000+ (per CoStar research).
Sales Agent
- Sam Smith
- San Clemente Realtor ®
- Phone: 949-204-5110
- Cell: 949-204-5110
- Contact Agent Now
Amenities
- UtilitiesElectricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
- Parking Spaces5
- ParkingGarage Faces Front
- # of Garages5
- GaragesGarage Faces Front
- ViewNone
- PoolNone
Additional Information
- Date ListedSeptember 11th, 2025
- Days on Market14
- Short SaleN
- RE / Bank OwnedN
Essential Information
- MLS® #SB25232214
- Price$1,395,000
- Bedrooms8
- Bathrooms7.00
- Acres0.17
- Year Built1967
- TypeResidential Income
- Sub-TypeQuadruplex
- StatusClosed
- Listing AgentAnthony Walker
- Listing OfficeBuckingham Investments, Inc
Exterior
- Lot DescriptionRectangular Lot
- RoofComposition
Community Information
- Address573 Nebraska
- Area4 - Downtown Area, Alamitos Beach
- SubdivisionDowntown (DT)
- CityLong Beach
- CountyLos Angeles
- Zip Code90802
Interior
- # of Stories2
- StoriesTwo
Price Change History for 573 Nebraska, Long Beach, (MLS® #SB25232214)
| Date | Details | Price | Change |
|---|---|---|---|
| Closed | – | – | |
| Active Under Contract (from Active) | – | – |
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Similar Neighborhoods to "" in Long Beach, California
Back to ResultsDowntown (dt)
- City:
- Long Beach
- Price Range:
- $269,000 - $4,325,000
- Current Listings:
- 24
- HOA Dues:
- $5
- Average Price per Square Foot:
- $
Alamitos Beach (ab)
- City:
- Long Beach
- Price Range:
- $775,000 - $4,550,000
- Current Listings:
- 22
- HOA Dues:
- $0
- Average Price per Square Foot:
- $
Willmore District (wm)
- City:
- Long Beach
- Price Range:
- $950,000 - $1,450,000
- Current Listings:
- 4
- HOA Dues:
- $0
- Average Price per Square Foot:
- $
Based on information from California Regional Multiple Listing Service, Inc. as of April 18th, 2026 at 12:50am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.