414 E 61st Long Beach, CA $ 1,425,000
414 E 61st
$ 1,425,000
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414 E 61st

Long Beach, CA, 90805
$ 1,425,000
Baths0.0 Sq 4,853

Monthly Estimate*

$ 8,774

Listed by Keller Williams Realty
414 E 61st, Long Beach, CA 90805 - Image 1
414 E 61st, Long Beach, CA 90805 - Image 2
414 E 61st, Long Beach, CA 90805 - Image 3
414 E 61st, Long Beach, CA 90805 - Image 4
414 E 61st, Long Beach, CA 90805 - Image 5
Studio

Multi-Family Home for sale in Long Beach, CA

for $1,425,000. This 4,853 square foot home was built in 1958 on a lot size of 0.2711.

5-unit apartment building with all large two-bedroom units and six garages. On-site laundry with owned machines. Renters are primarily section 8 and lease rates are below market. Onwer has recently completed several capital improvements and upgrades. Large lot may offer an opportunity to add units.

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Multi-Family Active

Price

$ 1,425,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.2711

Year Built

1958

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

PW26090794

Days on Market

17

Features
General
Sewer Public Sewer
Possession Close Of Escrow
Garage Spaces 6
Association Fee Includes Sewer
Pool Features None
Year Built 1958
Tenant Pays All Utilities Cable TV Electricity Gas Telephone Water
Stories Count 2
Levels Two
Property Subtype Apartment
Gross Income 0
Community Features Street Lights Suburban Sidewalks
County Los Angeles
Net Operating Income 76831
Operating Expense 36065
Insurance Expense 1699
New Construction false
Property Type Residential Income
Association Amenities Electricity Gas Trash Utilities Water
Subdivision Name North Long Beach (NLB)
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions From Atlantic take 60th East to Londen North to 61 Street
City Long Beach
Entry Location 1
Senior Community Y/N false
Number Of Units Total 5
MLS Area 7 - North Long Beach
Lot Size Units Square Feet
Lot Size Square Feet 11809
Listing Terms Cash Cash to New Loan
Property Attached Y/N true
Land Lease Y/N false
Current Financing Conventional
Trash Expense 960
Water Sewer Expense 2000
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Appraiser
Tax Lot 2
Property Sub Type Additional Apartment
Cap Rate 5.5
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Interior
Total Stories 2
Common Walls 2+ Common Walls
Laundry Features Common Area Laundry Room
Entry Level 1
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Exterior
Parking Features Garage Garage Faces Rear
Lot Features 16-20 Units/Acre
Water Source Public
Total Parking 6
Lot Size Area 11809
Number of Buildings 1
Building Area Total 4853
Lot Size Acres 0.2711
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 5
Number of Separate Electric Meters 5
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* Excluded Features
List By
Keller Williams Realty

Broker

Erik.Messinger@hotmail.com

Email

Affordability Calculator

$8,774
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Monthly Principal & Interest
$8,774
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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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/27/2026$1,425,000 Listed Price

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414 E 61st, Long Beach, CA, 90805 is a Multi-Family Home for sale at $1,425,000 with 4,853 sqft and a lot size of 0.2711. 414 E 61st is a studio with 0.0 baths and was built in 1958. The property's zip code is 90805 which is in Long Beach, CA