Seller's Agent in 2025
Cameron Samimi
Lyon Stahl Investment Real Estate, Inc.
(310) 259-7556
1 in this area
206 Total Sales
1132 E Arcadia Ct Long Beach, CA 90813
Central Neighborhood
9
Beds
7
Baths
2,886
Sq Ft
4,987
Sq Ft Lot
About This Home
As of January 20256.01% current in place cap rate and 10.76 GRM with tons
of upside (43% rental upside). Value-Add investors will
want to take note of of the ADU opportunity on this
asset. RARE 8 parking spaces on this overparked asset.
1132 Arcadia is a perfect asset for a new or
experienced investor located at the end of a quiet Culde-
sac near the hottest and fastest growing market in
LA Counties own in Long Beach. Great unit mix
comprised of (2) 2Bed+1Bath and (3) 1Bed+1Bath units,
most of which have been lightly renovated in the past
2 years. There are 8 parking spaces on site, adding
significant value to the property. Each unit is
separately metered for gas and electric.
The subject property is located just outside the $6
Billion of new development flooding into Downtown
Long Beach, including the Long Beach Civic Center,
Aquarium, OceanAire Project, CSULB Downtown Village,
Broadway Block, The Pacific and Queen Mary Island.
Last Agent to Sell the Property
Lyon Stahl Investment Real Estate, Inc. Brokerage Phone: 310-259-7556 License #02035763 Listed on: 09/03/2024
Co-Listed By
Lyon Stahl Investment Real Estate, Inc. Brokerage Phone: 310-259-7556 License #01993341
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1962
Lot Details
- 4,987 Sq Ft Lot
- Two or More Common Walls
- Density is up to 1 Unit/Acre
Home Design
- Apartment
- Entry on the 1st floor
Interior Spaces
- 2,886 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 9 Bedrooms
- 7 Bathrooms
Location
- Urban Location
Listing and Financial Details
- Tax Lot 1234
- Tax Tract Number 1234
Community Details
Overview
- 5 Units
Building Details
- Rent Control
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Operating Expense $33,840
- Gross Income $104,532
- Net Operating Income $67,556
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/15/2025 01/15/25 | Sold | $1,050,000 | -6.7% | $364 / Sq Ft |
| 11/20/2024 11/20/24 | For Sale | $1,125,000 | +7.1% | $390 / Sq Ft |
| 11/18/2024 11/18/24 | Off Market | $1,050,000 | -- | -- |
| 10/23/2024 10/23/24 | Price Changed | $1,125,000 | -2.2% | $390 / Sq Ft |
| 10/18/2024 10/18/24 | For Sale | $1,150,000 | +9.5% | $398 / Sq Ft |
| 10/16/2024 10/16/24 | Off Market | $1,050,000 | -- | -- |
| 09/03/2024 09/03/24 | For Sale | $1,150,000 | -- | $398 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Cameron Samimi
-
Michael Padilla
Seller Co-Listing Agent in 2025
Michael Padilla
Lyon Stahl Investment Real Estate, Inc.
(310) 420-2541
1 in this area
21 Total Sales
-
NoEmail NoEmail
N
Buyer's Agent in 2025
NoEmail NoEmail
NONMEMBER MRML
(646) 541-2551
1 in this area
6,224 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB24178774
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Nearby Homes
- 1403 Lemon Ave
- 1416 Orange Ave
- 1082 Lewis Ave
- 1340 Gundry Ave
- 1450 Peterson Ave
- 1100 E 10th St
- 911 E 10th St
- 823 E 10th St
- 943 N Washington Place Unit 4
- 1331 Atlantic Ave
- 1528 E 11th St
- 1430 Linden Ave
- 1083 Gaviota Ave
- 1843 Cerritos Ave
- 1200 Gaviota Ave Unit 114
- 1631 Atlantic Ave
- 1872 Lemon Ave
- 1084 E 19th St
- 1047 E Brenner Place
- 1438 E 9th St Unit 2
- 1126 E Arcadia Ct Unit C
- 1126 E Arcadia Ct
- 1148 E Arcadia Ct
- 1127 E Alhambra Ct
- 1402 Lemon Ave
- 1135 E Alhambra Ct
- 1354 Lemon Ave Unit 1354
- 1352 Lemon Ave Unit 1354.5
- 1356 Lemon Ave
- 1354 1/2 Lemon Ave
- 1352 Lemon Ave Unit 1354
- 1352 Lemon Ave
- 1352 Lemon Ave Unit 1352
- 1356 1/2 Lemon Ave Unit A
- 1356 1/2 Lemon Ave Unit B
- 1410 Lemon Ave
- 1400 Lemon Ave Unit B
- 1400 Lemon Ave
- 1367 Alamitos Ave
- 1350 Lemon Ave