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1045 E New York Street

Long Beach, CA 90813

– beds
– baths
– sqft
1,856 sqft lot
1922 build
– on site

1045–1047 E New York Street presents a unique 4-unit investment opportunity in North East Long Beach, consisting of two separate parcels: a front single-family residence and a rear triplex. While the properties are being sold together, each has separate utilities and water meters and can be financed or sold independently, offering flexibility for both investors and owner-users. This layout creates potential for a buyer to live in the single-family home while holding or later selling the triplex as a separate investment. The unit mix includes a 2-bedroom, 1-bath single-family home with a 1-car garage and two tandem driveway spaces, and a rear triplex comprised of one 2-bedroom, 1-bath unit and two 1-bedroom, 1-bath units. The combined building area totals 1,811 square feet across a total lot size of 3,747 square feet, with 649 square feet allocated to the front home and 1,162 square feet to the rear triplex. The triplex is accessed from the alley and utilizes street parking. The property currently operates at a 4.72% CAP rate, with approximately 40% rental upside and a projected market CAP rate of 7.57%. Since the triplex sits on a separate parcel, it is not subject to the City of Long Beach’s inspection requirements for properties with four or more units. Additionally, because the property is located in a traffic-impacted area, the front house will require a standard garage inspection and the rear triplex will require a separate garage exemption certificate. Centrally located near Long Beach Polytechnic High School and Theodore Roosevelt Elementary, the property benefits from strong local demand, convenient freeway access, and close proximity to everyday amenities. Whether you’re a first-time investor or looking to expand your Long Beach portfolio, 1045–1047 E New York Street offers both stability and long-term upside in a growing rental market.

Listed By CRMLS_CA / Brett Lyon / Lyon Stahl Investment Real Estate, Inc. / 310-819-7933

Last checked: Checking… • Last updated Jun 18, 2025 •

MLS# SB25136125 —

This property is listed in more than one place. See it here.

The Building

Year Built:

1922
Year Built Source:

Assessor
New Construction:

No
Building Area Total:

1811.00
Building Area Units:

Square Feet
Total Number Of Units:

4
# of Buildings:

2
Stories Total:

1
Entry Level:

1
Common Walls:

2+ Common Walls
# of Separate Gas Meters:

2
# of Separate Water Meters:

2
# of Separate Electric Meters:

4

Interior

Levels:

One
Entry Location:

1
Laundry:

None

Location

Directions:

3 Parcels West of Lemon Ave and E New York Street
Latitude:

33.78501800
Longitude:

-118.17962300

The Property

Property Type:

Residential Income
Subtype:

Quadruplex
Zoning:

LBR1N
Lot Features:

2-5 Units/Acre
Lot Size Area:

1856.0000
Lot Size Acres:

0.0426
Lot Size SqFt:

1856.00
Lot Size Source:

Assessor
Property Attached:

1
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Block:

2
Tax Census Tract:

5752.01
Tax Tract:

5020
Tax Lot:

10

The Listing

Special Listing Conditions:

Standard
Parcel Number:

7268021026
Showings Begin:

2025-06-18

Utilities

Sewer:

Public Sewer
Water Source:

Public

The Community

Features:

Biking
Pool:

None
Senior Community:

No
Private Pool:

No

Parking

Parking Spaces:

2.00
Garage Spaces:

2.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
6/18/25 Jun 18, 2025	Listed / Active	CRMLS_CA	$795,000

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This multifamily located in Central Long Beach, Long Beach, CA 90813 is currently for sale for $795,000. 1045 E New York Street is a – square foot multifamily with – beds and – baths that has been on Estately for 0 days. 1045 E New York Street is in the Central Long Beach neighborhood of Long Beach and has a WalkScore® of 92, making it a walker’s paradise. This multifamily is in the attendance area of Franklin Classical Middle School, Whittier Elementary School, and Polytechnic High School.

Listing Courtesy of: CRMLS_CA and Lyon Stahl Investment Real Estate, Inc.. Based on information from California Regional Multiple Listing Service, Inc. as of 06:30 on Jun 18.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.