- – beds
- – baths
- – sqft
- 6,532 sqft lot
- 1923 build
- – on site
Now available in one of Long Beach’s most affordable and high-demand rental neighborhoods, this charming 10-unit Spanish-style apartment building offers a rare blend of character and cash flow. The property features (9) studio units and (1) 1-bedroom/1-bath unit along with a convenient on-site laundry room. With a strong annual gross income of $183,780 and an attractive 6.0% cap rate, this asset presents an excellent opportunity for investors seeking stable returns in a supply-constrained rental market. Don’t miss this chance to own a classic, income-producing property in a thriving Long Beach location.
Last checked:
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Last updated Jul 14, 2025
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MLS# PW25157783 —
The Building
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Year Built:1923
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Year Built Source:Assessor
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New Construction:No
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Building Area Total:3616.00
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Building Area Units:Square Feet
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Total Number Of Units:10
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# of Buildings:1
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Stories Total:1
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Entry Level:1
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Common Walls:2+ Common Walls
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# of Separate Gas Meters:1
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# of Separate Water Meters:1
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# of Separate Electric Meters:1
Interior
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Levels:One
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Entry Location:Front
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Laundry:Common Area
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Laundry:1
Location
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Directions:North of Anaheim and West of Cherry
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Latitude:33.78483900
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Longitude:-118.17058600
The Property
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Property Type:Residential Income
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Subtype:Apartment
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Zoning:LBR2N
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Lot Features:6-10 Units/Acre
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Lot Size Area:6532.0000
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Lot Size Acres:0.1500
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Lot Size SqFt:6532.00
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Lot Size Source:Assessor
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Property Attached:1
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Census Tract:5752.02
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Tax Tract:3794
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Tax Lot:10
The Listing
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Special Listing Conditions:Standard
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Parcel Number:7261015012
Heating & Cooling
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Heating:1
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Heating:Wall Furnace
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Cooling:No
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Cooling:None
Utilities
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Sewer:Public Sewer
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Water Source:Public
The Community
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Subdivision:Poly High (PH)
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Subdivision:Poly High (PH)
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Features:Curbs, Sidewalks
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Pool:None
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Senior Community:No
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Private Pool:No
Parking
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Parking:No
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Parking:None
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
7/14/25
Jul 14, 2025
|
Listed / Active | CRMLS_CA | $1,670,000 |