NOT LISTED FOR SALE

1360 Euclid Ave Long Beach, CA 90804

Bryant Neighborhood
1 Bed
2 Baths
4,630 Sq Ft
6,503 Sq Ft Lot

Last Sold May 16, 2025

Last sale price $2,200,000 $475 Per Sq Ft

129 Days on Market

About This Home

As of May 2025

**SELLER FINANCING AVAILABLE**Discover this charming Spanish-style 13-unit apartment building nestled in the heart of Long Beach’s vibrant East Side neighborhood. Combining timeless architectural appeal with modern upgrades, this property presents an exceptional opportunity for investors seeking a value-add asset with significant income potential. With a remarkable 35% upside in rents, a new owner can unlock tremendous cash flow while capitalizing on the extensive improvements already completed. Improvements include the installation of 13 new wall heaters (1990), a full repipe of gas lines (1998), a complete replacement of water supply lines (2006),14 new electric meters (1990), double-pane vinyl windows throughout (2017), new 100 gallon water heater (2022), and all ABS plastic drain lines. The original floor plans also offer an opportunity for reconfiguration to unlock even more rental income potential. This reconfiguration has already been completed on unit #10. Seller financing is available for qualified buyers. Seller's will consider carrying financing with 25% down, 5% interest rate, and up to a 10 year loan term. Financing terms are dependent on offer price.

Last Agent to Sell the Property

Cody Charnell

Sage Real Estate Group, Inc. Brokerage Phone: 562-896-3851 License #01950585 Listed on: 12/16/2024

Last Buyer's Agent

Juan Huizar

Sage Real Estate Group, Inc. License #01417642

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 6,503 Sq Ft Lot
  • Two or More Common Walls
  • Density is 11-15 Units/Acre

Home Design

  • Apartment
  • Entry on the 1st floor

Interior Spaces

  • 4,630 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Bathrooms

Utilities

  • Wall Furnace

Listing and Financial Details

  • Legal Lot and Block 6 / 3
  • Tax Tract Number 1981
  • Assessor Parcel Number 7253008006
  • $1,934 per year additional tax assessments

Community Details

Overview

  • 13 Units
  • Eastside Subdivision

Building Details

  • Rent Control
  • 14 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Operating Expense $80,073
  • Gross Income $174,363
  • Net Operating Income $93,629

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

0

Listing Details

  • CapRate: 3.90
  • Price Per Unit: 188462
  • Property Attached: Yes
  • Subdivision Name Other: Eastside (ES)
  • Zoning: LBR2N
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 7253008006
  • Year Built: 1923
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: Courtyard
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 475.16

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: No

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 11-15 Units/Acre
  • Lot Size Sq Ft: 6503.00
  • Lot Size Acres: 0.1493

Multi Family

  • Gross Multiplier: 13.35
  • Gross Operating Income: 174363.00
  • Gross Scheduled Income: 183540.00
  • Lot Size Area: 6503.0000 Square Feet
  • Net Operating Income: 93629.00
  • Number Of Separate Electric Meters: 14
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 13
  • Operating Expense: 80073.00
  • Rent Control: Yes
  • Total Expenses: 80073.00
  • Vacancy Allowance: 9177
  • Vacancy Allowance Rate: 5.00

Tax Info

  • Tax Block: 3
  • Tax Census Tract: 5750.02
  • Tax Lot: 6
  • Tax Tract Number: 1981
  • TaxOtherAnnualAssessmentAmount: 1934.00

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2025 05/16/25 Sold $2,200,000 -10.2% $475 / Sq Ft
04/24/2025 04/24/25 Pending -- -- --
03/14/2025 03/14/25 Price Changed $2,450,000 -7.5% $529 / Sq Ft
12/16/2024 12/16/24 For Sale $2,650,000 -- $572 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Cody Charnell

    Seller's Agent in 2025

    Cody Charnell

    Sage Real Estate Group, Inc.

    (562) 896-3851

    1 in this area

    48 Total Sales

    Cody Charnell
    Section Image
  • Juan Huizar

    Buyer's Agent in 2025

    Juan Huizar

    Sage Real Estate Group, Inc.

    (562) 307-0838

    3 in this area

    100 Total Sales

    Juan Huizar
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24249846

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Long Beach 90804 Bryant

1360 Euclid Ave, Long Beach, CA

This home is located at 1360 Euclid Ave, Long Beach, CA 90804 since 16 December 2024. This property was built in 1923. 1360 Euclid Ave is a home located in Los Angeles County with nearby schools including Bryant Elementary School, Woodrow Wilson High School, and Maple Village Waldorf School.

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.

California Regional Multiple Listing Service (CRMLS) 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

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