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16 38th Place Long Beach, CA $ 3,900,000
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16 38th Place
$ 3,900,000
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16 38th Place

Long Beach, CA, 90803
$ 3,900,000
Baths0.0 Sq 4,275

Monthly Estimate*

$ 24,013

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Studio

Multi-Family Home for sale in Long Beach, CA

for $3,900,000. This 4,275 square foot home was built in 1962 on a lot size of 0.12.

16 38th Pl, a seven-unit multifamily investment located in a desirable coastal Long Beach rental pocket. Built in 1962, the property offers a rare opportunity to acquire an all-vacant asset, allowing a buyer to immediately execute lease-up, set market rents, and establish predictable cash flow without waiting for tenant turnover. The offering benefits from a durable 1BD / 2BD unit mix, an above-average parking ratio with 10 on-site spaces, and additional ancillary income potential. This is a clean stabilization-driven opportunity with clear NOI growth and long-term hold appeal. Contact the listing team for the Offering Memorandum, financials, and tour details.

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Multi-Family Active

Price

$ 3,900,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.12

Year Built

1962

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

0026643731
Features
General
Living Area 4275.0
Zoning LBR4R
Pool Features None
Year Built 1962
Levels Multi/Split
County Los Angeles
Net Operating Income 216260.0
New Construction No
Property Type C
HOA No
Status Active
City Long Beach
Senior Community Y/N No
MLS Area 1 - BelmontShore/Pk Naples MarinaPac Bay Hbr
Lot Size Units Square Feet
Lot Size Square Feet 5257.0
Standard Status Active
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Exterior
Parking Features Assigned Controlled Entrance
Lot Size Area 5257.0
Foundation Details None
Pool Y/N? Yes
Building Area Total 4275.0
Lot Dimensions 50x105
Lot Size Acres 0.12
Land Lease Type Fee
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Interior
Total Stories 0
Air Conditioning Y/N No
Heating Y/N No
Total Baths 0
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* Excluded Features
List By
Taylor Avakian

Listing Agent

Lyon Stahl Investment Real Estate, Inc.

Broker

Affordability Calculator

$24,013
Per Month
100%
0%
0%
Monthly Principal & Interest
$24,013
Monthly Property Taxes
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Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
793437 Elementary School
793428 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
2/4/2026$3,900,000 Listed Price

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16 38th Place, Long Beach, CA, 90803 is a Multi-Family Home for sale at $3,900,000 with 4,275 sqft and a lot size of 0.12. 16 38th Place is a studio with 0.0 baths and was built in 1962. The property's zip code is 90803 which is in Long Beach, CA

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