$1,150,000
$150K PRICE DROP

Estimated payment $7,290/month

Total Views 5,870
3 Beds
-- Bath
3,194 Sq Ft
$360 Price per Sq Ft

Highlights

  • Laundry Room
  • Heating Available
  • 1-Story Property

About This Home

6-Unit Investment Property – Prime Long Beach Location Great opportunity to own a 6-unit income property in a centrally located area of Long Beach. The property features: 5 units: 1 bedroom / 1 bathroom
1 unit: 2 bedrooms / 1 bathroom Perfect for investors looking to expand their portfolio. The property is ideally situated near downtown Long Beach and popular attractions such as Disneyland and Knott’s Berry Farm. Convenient access to all major freeways. Tenants will enjoy: Walking distance to schools
Close proximity to shopping centers
Easy access to transportation and amenities The property is currently in the process of being delivered vacant, offering strong potential for rental income adjustments. Priced to sell — don’t miss this opportunity!
Contact us today to schedule an appointment.

Listing Agent

Eduardo Vasquez

Smart Sell Real Estate Brokerage Phone: 310-251-5825 License #01934166 Listed on: 02/09/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953

Lot Details

  • 7,352 Sq Ft Lot
  • Two or More Common Walls

Home Design

  • Property Attached
  • Entry on the 1st floor

Interior Spaces

  • 3,194 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Unit 1 Bathroom: 0
  • Unit 2 Bathroom: 0

Utilities

  • Heating Available

Listing and Financial Details

  • Legal Lot and Block 14 / 4
  • Tax Tract Number 5490
  • Assessor Parcel Number 7304002013

Community Details

Overview

  • 6 Units
  • North Long Beach Subdivision

Building Details

  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $5,000
  • Trash Expense $1,440
  • Water Sewer Expense $1,440
  • Operating Expense $7,880
  • Gross Income $85,020
  • Net Operating Income $77,140

Property Details

Home Type

Multi-Family

Year Built

Built in 1953

Lot Details

7,352 Sq Ft Lot

Listing Details

  • CapRate: 6.55
  • Property Attached: Yes
  • Subdivision Name Other: North Long Beach (NLB)
  • Water Sewer Expenses: 1440.00
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 7304002013
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 407.01

Exterior Features

  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Sewer: Public Sewer
  • Trash Expense: 1440.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Walkstreet
  • Lot Size Sq Ft: 7352.00
  • Lot Size Acres: 0.1688

Multi Family

  • Gross Income: 85020.00
  • Gross Scheduled Income: 85020.00
  • Insurance Expense: 5000.00
  • Lot Size Area: 7352.0000 Square Feet
  • Net Operating Income: 77140.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 6
  • Operating Expense: 7880.00
  • Rent Control: No
  • Total Expenses: 7880.00

Tax Info

  • Tax Block: 4
  • Tax Lot: 14
  • Tax Tract Number: 5490

Map

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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
02/20/2026 02/20/26 Price Changed $1,150,000 -11.5% $360 / Sq Ft
02/09/2026 02/09/26 For Sale $1,300,000 -- $407 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG26026371

California Regional Multiple Listing Service (CRMLS)
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