1070 N Loma Vista Dr Long Beach, CA 90813
Willmore NeighborhoodEstimated payment $7,379/month
Highlights
- River View
- Open Floorplan
- No HOA
- 0.15 Acre Lot
- Quartz Countertops
- 3-minute walk to Drake Park
About This Home
Located in a Qualified Opportunity Zone, this exceptional investment opportunity sits in the heart of Long Beach! This versatile 5-unit rental property offers a highly desirable layout and prime location, making it an easy-to-rent option for savvy investors or owner-occupants.
At the front of the expansive lot, a cozy 2-bedroom, 1-bath house greets you with its inviting character. The front house offers a private garage and a dedicated laundry area. Step inside to find a comfortable living space with plenty of potential to make it your own home, or use as the premier rental unit of the five offerings.
Behind the front house, you’ll find four (4) additional 1-bedroom, 1-bath units, each with its own covered front porch—perfect for enjoying Long Beach’s coastal breeze. One of these units was just beautifully remodeled and is now vacant, ready to welcome a new tenant or even a potential owner. The remodeled unit features wide plank light oak laminate flooring, custom built-in cabinetry in the living room, crisp white shaker kitchen cabinets, elegant quartz countertops, and stylish five-panel shaker doors. With new plumbing and abundant natural light, this unit stands out as a bright and modern living space, showcasing the possibilities with the remaining units.
The other four units are tenant-occupied, offering steady income from day one, and they come with great potential for updates to further increase investment value. Each unit has its own separate electric and gas meter, adding convenience for both tenants and management.
Situated on a spacious 6,674 sq. ft. lot, this property also boasts a recently replaced roof, and designation within the Historic District.
The location is unbeatable—just 1.5 miles from Shoreline Village, where you’ll find a variety of dining and entertainment options. The iconic Queen Mary is only 2 miles away, and Drake Park, with its soccer fields, tennis courts, and playground, is within walking distance. Around the corner, you’ll also discover the Historic Bembridge House, adding a touch of local charm and history to the neighborhood.
This property offers the perfect blend of modern updates, historic appeal, and prime location, making it a rare gem in Long Beach. Whether you’re looking to grow your investment portfolio or secure a steady income stream, 1070 Loma Vista Drive is a must-see. Don’t miss this incredible opportunity!
Listing Agent
Coldwell Banker Realty Brokerage Phone: 949-478-1135 License #01912302 Listed on: 01/07/2025

Co-Listing Agent
Coldwell Banker Realty Brokerage Phone: 949-478-1135 License #02015514
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1919 | Remodeled
Lot Details
- 6,674 Sq Ft Lot
- No Common Walls
- Chain Link Fence
- Density is 2-5 Units/Acre
Parking
- 3 Open Parking Spaces
- 1 Car Garage
- Parking Available
- Driveway
Property Views
- River
- Woods
- Park or Greenbelt
- Neighborhood
Home Design
- Quadruplex
- Entry on the 1st floor
- Slab Foundation
Interior Spaces
- 2,644 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Built-In Features
- Living Room
- Storage
Kitchen
- Galley Kitchen
- Quartz Countertops
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- 5 Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Home Security
- Window Bars
- Fire and Smoke Detector
Utilities
- Heating System Uses Natural Gas
- Wall Furnace
- Water Heater
Additional Features
- Exterior Lighting
- Urban Location
Listing and Financial Details
- Tax Lot 7271
- Tax Tract Number 1
- Assessor Parcel Number 7271021001
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 5 Units
- Willmore District Subdivision
Recreation
- Park
Building Details
- 4 Leased Units
- Rent Control
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $650
- Insurance Expense $563
- Maintenance Expense $1,694
- Other Expense $2,022
- Water Sewer Expense $2,305
- Operating Expense $7,547
- Net Operating Income $54,073
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
05/27/2025 05/27/25 | Price Changed | $1,174,900 | -6.0% | $444 / Sq Ft |
03/14/2025 03/14/25 | Price Changed | $1,249,900 | -3.8% | $473 / Sq Ft |
01/07/2025 01/07/25 | For Sale | $1,299,900 | -- | $492 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP24251827

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