405 East Esther Street Long Beach, CA ^$ 1,925,000

405 East Esther Street

^$ 1,925,000

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Recently Listed

405 East Esther Street

Long Beach, CA, 90813

^$ 1,925,000

Studio Baths0.0 Sq 4,252

Monthly Estimate*

^$ 12,009

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Studio

Multi-Family Home for sale in Long Beach, CA

for $1,925,000. This 4,252 square foot home was built in 1923 on a lot size of 0.16.

405 E. Esther Street is a well-maintained, cash-flowing seven-unit multifamily asset located in a desirable Long Beach neighborhood with strong rental demand. The property features a highly attractive unit mix comprised of one (1) spacious 6BD/2BA unit, three (3) 3BD/1BA units, two (2) 2BD/1BA units, and one (1) 1BD/1BA unit. The property also has a driveway with three parking spaces. Fully occupied with long-term, reliable residents, the investment offers immediate, durable income for new ownership while still providing the opportunity to capture significant rental upside through natural turnover and strategic renovations. The property presents an ideal blend of in-place stability and value-add potential in one of Southern California's most consistent and resilient rental markets.

Multi-Family Active

Price

^$ 1,925,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.16

Year Built

1923

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

0025630311

Features

General

Living Area 4252.0

Heating Wall Furnace

Zoning LBPD29

Year Built 1923

Levels Two

County Los Angeles

Net Operating Income 122437.0

New Construction No

Property Type C

HOA No

Status Active

City Long Beach

Senior Community Y/N No

MLS Area 9 - Poly High

Lot Size Units Square Feet

Lot Size Square Feet 6752.0

Standard Status Active

Interior

Interior Amenities Ceiling Fan(s)

Total Stories 0

Air Conditioning Y/N No

Heating Y/N Yes

Total Baths 0

Exterior

Parking Features Driveway

Lot Size Area 6752.0

Foundation Details None

Pool Y/N? Yes

Building Area Total 4252.0

Lot Size Acres 0.16

Land Lease Type Fee

* Excluded Features

List By

Douglas Steinriede

Listing Agent

Dover Management Corp.

Broker

Affordability Calculator

$12,009

Per Month

Monthly Principal & Interest: $12,009
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Long Beach, CA

Average List Price ^$1,860,524

Percent of Sale Price 3%

About Long Beach, CA

470,090 Population

2% Since 2002

^$57,916 Median Income

35.78 Median Age

30% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

793437 Elementary School

793428 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/22/2025	$1,925,000		Listed Price

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405 East Esther Street, Long Beach, CA, 90813 is a Multi-Family Home for sale at $1,925,000 with 4,252 sqft and a lot size of 0.16. 405 East Esther Street is a studio with 0.0 baths and was built in 1923. The property's zip code is 90813 which is in Long Beach, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 12/22/2025. 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.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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405 East Esther Street

Multi-Family Home for sale in Long Beach, CA

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