Seller's Agent in 2025
Jessica Panzica
Keller Williams Pacific Estate
(714) 313-8193
2 in this area
63 Total Sales
1734 E Erie St Long Beach, CA 90802
North Alamitos Beach Neighborhood
12
Beds
17
Baths
5,840
Sq Ft
5,205
Sq Ft Lot
Highlights
- 0.12 Acre Lot
- No HOA
- Pull-through
- Long Beach Polytechnic High School Rated A
- Neighborhood Views
- 4-minute walk to Miracle On Fourth Street Park
About This Home
As of November 2025Profit-Driven Investment Opportunity at 1734 E. Erie St., Long Beach. This well-maintained and professionally managed 7-unit property, built in 1987, features an efficient and desirable unit mix of five 2-bedroom, 2.5-bath townhouse-style residences and two sizable 1-bedroom, 1-bath units, ideal for capturing a broad tenant base and strong rental demand. Recent capital improvements, including a brand-new roof and completed balcony inspection with repairs, significantly reduce near-term expenses and provide investors with stability and predictable cash flow. Tenants will enjoy seven covered on-site parking spaces in a private, gated garage, a premium convenience in Long Beach. Nestled in the residential Alamitos Beach neighborhood , the property is just blocks from Carrol Park and Alamitos beach, offering easy coastal access. Estimated walking or biking time to the waterfront is likely under 10 minutes, making it highly appealing for tenants seeking a beach-adjacent lifestyle. The location also delivers vibrant urban convenience just minutes from the boutique restaurants and eclectic shops along Retro Row and 4th Street. Situated within a charming neighborhood primarily composed of single-family homes, this offering combines tenant lifestyle appeal with consistent, long-term rental demand and strong appreciation potential.
Last Agent to Sell the Property
Keller Williams Pacific Estate Brokerage Phone: 714-313-8193 License #01854556 Listed on: 09/05/2025
Last Buyer's Agent
Keller Williams Pacific Estate Brokerage Phone: 714-313-8193 License #01854556 Listed on: 09/05/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1987
Lot Details
- 5,205 Sq Ft Lot
- Two or More Common Walls
- Fenced
- Fence is in average condition
- Rectangular Lot
Parking
- 7 Car Garage
- Pull-through
- Parking Available
- Garage Door Opener
- Auto Driveway Gate
- Community Parking Structure
Home Design
- Apartment
- Entry on the 2nd floor
- Flat Roof Shape
- Rolled or Hot Mop Roof
- Composition Roof
- Wood Siding
- Stucco
Interior Spaces
- 5,840 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Awning
- Neighborhood Views
- Free-Standing Range
- Laundry Room
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 12 Bedrooms
- All Upper Level Bedrooms
- Walk-In Closet
- 17 Bathrooms
Outdoor Features
- Exterior Lighting
Location
- Urban Location
- Suburban Location
Utilities
- Central Heating
- Source of electricity is unknown
- Natural Gas Connected
- Sewer Paid
- Cable TV Available
Listing and Financial Details
- Tenant pays for electricity
- Legal Lot and Block 6 / C
- Tax Tract Number 1
- Assessor Parcel Number 7275014006
- $1,385 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 7 Units
- Alamitos Beach Subdivision
Amenities
- Laundry Facilities
Building Details
- 7 Leased Units
- Rent Control
- 8 Separate Electric Meters
- 8 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $1,600
- Insurance Expense $10,953
- Professional Management Expense $13,721
- Water Sewer Expense $5,802
- New Taxes Expense $23,700
- Operating Expense $32,839
- Gross Income $172,667
- Net Operating Income $139,541
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/21/2025 11/21/25 | Sold | $1,925,000 | +1.3% | $330 / Sq Ft |
| 09/19/2025 09/19/25 | Pending | -- | -- | -- |
| 09/05/2025 09/05/25 | For Sale | $1,900,000 | -- | $325 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Agents Affiliated with this Home
-
Jessica Panzica
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW25200466
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