817 E New York St Long Beach, CA 90813
Central NeighborhoodEstimated payment $6,867/month
Highlights
- Laundry Room
- 4 Car Garage
- 4-minute walk to Peace Park
- Long Beach Polytechnic High School Rated A
- Bike Trail
About This Home
817 E New York St presents a rare opportunity to acquire a 4-unit multifamily property in prime North Long Beach. Built in 1922, the asset consists of three separate buildings totaling 3,076 rentable square feet on a 6,802 square foot lot. The unit mix includes (1) 1-bed/1-bath and (3) 2-bed/1-bath units, offering strong rental appeal. Two of the 2-bed/1-bath units have been newly renovated—providing an excellent owner-user opportunity or the ability to immediately capture market rents. At just $312,000 per unit, the property offers a low cost of entry and compelling fundamentals with a 4.97% CAP rate and 12.90 GRM on in-place income. Off-street parking is available for tenants, a valuable feature in this dense rental corridor. Centrally located with convenient access to the 91 and 710 freeways, 817 E New York St benefits from North Long Beach’s steady population growth, ongoing infrastructure investment, and strong housing demand. For investors seeking day-one cash flow with clear upside potential, this is a highly attractive opportunity in one of Long Beach’s most active rental markets.
Listing Agent
Lyon Stahl Investment Real Estate, Inc. Brokerage Phone: 3107801899 License #01717818 Listed on: 10/08/2025
Co-Listing Agent
Lyon Stahl Investment Real Est Brokerage Phone: 3107801899 License #01399621
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1922
Lot Details
- 6,802 Sq Ft Lot
- Two or More Common Walls
- Density is 2-5 Units/Acre
Parking
- 4 Car Garage
- Parking Available
Home Design
- Quadruplex
- Entry on the 1st floor
Interior Spaces
- 3,076 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 7 Bedrooms
- 4 Bathrooms
Listing and Financial Details
- Legal Lot and Block 35 / 2
- Tax Tract Number 5753
- Assessor Parcel Number 7268008026
- $881 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- 3 Buildings
- 4 Units
- Poly High Subdivision
Amenities
- Laundry Facilities
Recreation
- Bike Trail
Building Details
- 2 Leased Units
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $1,200
- Insurance Expense $4,614
- Maintenance Expense $3,876
- Other Expense $3,200
- New Taxes Expense $16,814
- Operating Expense $29,704
- Gross Income $96,900
- Net Operating Income $64,289
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,497 | $213,393 | $71,479 | $141,914 |
| 2024 | $3,497 | $209,210 | $70,078 | $139,132 |
| 2023 | $3,433 | $205,108 | $68,704 | $136,404 |
| 2022 | $3,247 | $201,087 | $67,357 | $133,730 |
| 2021 | $3,159 | $197,145 | $66,037 | $131,108 |
| 2020 | $3,150 | $195,124 | $65,360 | $129,764 |
| 2019 | $3,115 | $191,299 | $64,079 | $127,220 |
| 2018 | $2,933 | $187,549 | $62,823 | $124,726 |
| 2016 | $2,693 | $180,269 | $60,385 | $119,884 |
| 2015 | $2,599 | $177,562 | $59,478 | $118,084 |
| 2014 | $2,605 | $174,084 | $58,313 | $115,771 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/27/2025 10/27/25 | Pending | -- | -- | -- |
| 10/08/2025 10/08/25 | For Sale | $1,250,000 | -- | $406 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB25234247
APN: 7268-008-026
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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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