2922 E 15th St Long Beach, CA 90804
Long Beach AreaEstimated payment $7,808/month
Highlights
- Property is near public transit
- No HOA
- Living Room
- Traditional Architecture
- Cooling Available
- Card or Code Access
About This Home
Traffic circle adjacent, 6-unit apartment building in which $156,500 has been spent on capital improvements over the last year. These improvements include a new roof (May 2026), sewer work and installation of a sewer clean out, renovated laundry room including the purchase of 3 washing machines and 3 dryers, exterior dawn to dusk lighting, addition of coded locks on the gates, and a fully renovated 2-bedroom unit. The renovation of this unit includes the following new items: mini split providing heat and air conditioning, kitchen cabinets, counters and appliances, luxury vinyl flooring, windows and blinds, lighting fixtures, and beautifully remodeled bathroom. The desirable unit mix includes 5 - 2 bedroom/1 bathroom units and 1-1 bedroom/1 bathroom unit. There are 5 tandem parking spots behind the building providing parking for up to 10 cars depending on vehicle size. The cap rate is approximately 6% and the GRM is approximately 10 - these numbers were calculated using the actual rents for the 4 occupied units and pro forma rents for the two vacant units.
Listing Agent
Keller Williams Coastal Prop. Brokerage Email: kendramiller@kw.com License #01396646 Listed on: 08/06/2026
Property Details
Home Type
- Apartment
Year Built
- Built in 1960
Lot Details
- 5,008 Sq Ft Lot
- No Common Walls
- Wood Fence
- Rectangular Lot
- Level Lot
- Front Yard
Home Design
- Traditional Architecture
- Entry on the 1st floor
- Flat Roof Shape
- Stucco
Interior Spaces
- 3,950 Sq Ft Home
- 2-Story Property
- Living Room
Flooring
- Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- 7 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
- Laundry Located Outside
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- 10 Open Parking Spaces
- 10 Parking Spaces
- Parking Available
- Tandem Uncovered Parking
- Off-Street Parking
- Unassigned Parking
Utilities
- Cooling Available
- Wall Furnace
- Natural Gas Connected
Additional Features
- Exterior Lighting
- Property is near public transit
Listing and Financial Details
- Tax Lot 11
- Tax Tract Number 5751
- Assessor Parcel Number 7259025012
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 6 Units
- Circle Subdivision
Building Details
- 4 Leased Units
- 6 Separate Electric Meters
- 7 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $12,000
- New Taxes Expense $15,000
- Operating Expense $27,000
- Gross Income $840
- Net Operating Income $74,132
Additional Features
- Laundry Facilities
- Card or Code Access
Map
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/06/2026 08/06/26 | For Sale | $1,200,000 | -- | $304 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW26171369
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Ask me questions while you tour the home.