
Permits are near approval to convert the existing single family home into a four-unit property. The project will add 4,546 sf of livable space bringing the total square feet to 5,575. The current 1,029 sf home will become a 2 bed / 2 bath 1,233 sf unit. An attached SB9 unit will be 1,492 sf with 3 bedrooms and 2.5 baths. Two additional ADUs will be 1,200 sf with 3 bedrooms and 2 baths each. Huge upside potential to build and hold or flip. This is a strong rental market and all the hard work of architectural drawings and city approval have been done for you, saving months of time and tens of thousands of dollars. Permits are a few short weeks from final approval and ready to be assigned. This property has three sides of access, making it ideal for a multi-unit configuration. Currently a 2 bedroom, 1 bath residence of 1,029 square feet on a 7,205 square foot lot with a three-car garage, built in 1941.
Permits are near final approval to convert the existing single-family home into a four-unit property — adding approximately 4,546 square feet of livable space for a projected 5,575 total.
Architectural drawings and city approvals are complete and assignable, saving a buyer months of entitlement time and tens of thousands of dollars in soft costs.
A 7,205 square foot lot with access on three sides, a three-car garage, and a layout well suited to detached ADU construction and separate unit entries.




Positioned to investors underwriting Long Beach rents: a 2 bed / 2 bath 1,233 sf primary unit, a 1,492 sf 3 bed / 2.5 bath SB9 unit, and two 1,200 sf 3 bed / 2 bath ADUs.
The value here is time. Marketing leads with the entitlement package — plans, permits, and approvals a buyer can take over within weeks rather than start from zero.
Central Long Beach location near the 405 and 605, CSULB, Long Beach Medical Center, and the downtown employment core keeps the rental demand story credible for lenders and buyers.
A second audience: builders who intend to construct and sell. The presentation frames both exit strategies so the property competes for every dollar of investor attention.


A centrally located Long Beach pocket between Belmont Heights and Signal Hill, known for 1940s bungalows, walkable side streets, and steady owner-occupant and rental demand.
Minutes to 4th Street Retro Row, Anaheim Street corridor shops and restaurants, grocery, and the Traffic Circle retail hub.
Roughly two miles to Belmont Shore, the Long Beach shoreline bike path, Marine Stadium, and Naples Island dining.
Quick reach to the 405, 605, and 22 freeways, CSU Long Beach, Long Beach Medical Center, Douglas Park, and the Port of Long Beach job base.
Builders looking for entitled infill in a strong rental submarket without carrying multi-year approval risk.
1031 exchange buyers and long-term landlords targeting four-door properties with new construction and low maintenance in year one.
Owner-users who want to live in one unit while renting the balance to offset the payment.
California buyers specifically shopping SB9 and ADU-eligible parcels with three-sided access and existing garage infrastructure.
Direct outreach to Long Beach, South Bay, and Orange County developers, 1031 exchange intermediaries, and multifamily brokers actively buying entitled infill.
Plans, unit mix, square footage schedule, and permit status assembled into a clean digital package so a buyer can underwrite the project in a single sitting.
Featured placement on FirstTeam.com plus syndication to Zillow, Realtor.com, Redfin, Homes.com, LoopNet-style investor channels, and CRMLS.
Rent comps, construction-cost context, and both build-to-hold and build-to-sell exit scenarios presented alongside the photography.

Gregg Perrah is a Southern California REALTOR® with First Team Real Estate, working across Long Beach, coastal Orange County, and the surrounding investment markets. Gregg pairs hyper-local market knowledge with concierge-level marketing to position development and income properties in front of the buyers most able to close.
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