1651 E South Long Beach, CA $ 1,295,888
1651 E South
$ 1,295,888
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1651 E South

Long Beach, CA, 90805
$ 1,295,888
Baths1.0 Sq 3,480

Monthly Estimate*

$ 7,979

Listed by Sky View Real Estate
1651 E South, Long Beach, CA 90805 - Image 1
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Studio

Multi-Family Home for sale in Long Beach, CA

for $1,295,888 with 1 full bath. This 3,480 square foot home was built in 1954 on a lot size of 0.1235.

This property is a must add to any investment portfolio. This 9 units apartment complex consist of a 2 bedrooms & 1 bath stand alone home at the front and the 2nd building consisting of 4 studio units at the bottom floor and 4 more studio units on the 2nd level, offers the buyer a great property with excellent potential to increase income in this high demand market. Rents are below market and all units are always rented. Harte Elementary School is across the street. Lakewood Mall, Long Beach Exchange, restaurants, parks and other amenities are close by.

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Multi-Family Active

Price

$ 1,295,888

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1235

Year Built

1954

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

PW26128325

Days on Market

1

Features
General
Sewer Public Sewer
Heating Wall Furnace
Cooling None
Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Possession Close Of Escrow
Roof Composition Shingle
Appliances Gas Range
Garage Spaces 0
Pool Features None
Construction Materials Stucco
Exclusions Personal properties of the tenants.
Year Built 1954
Tenant Pays Electricity
View None
Stories Count 2
Levels Two
Property Subtype Apartment
Gross Income 117840
Community Features Curbs Park
County Los Angeles
Net Operating Income 88560
Operating Expense 29280
Insurance Expense 9096
New Construction false
Property Type Residential Income
Contingency Subject to interior inspection.
MaintenanceExpense 4501
Subdivision Name North Long Beach (NLB)
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions On South Street and West of Cherry Ave.
City Long Beach
Disclosures Rent Control
Entry Location Front
Senior Community Y/N false
Open Parking Spaces 4
Number Of Units Total 9
MLS Area 7 - North Long Beach
Lot Size Units Square Feet
Lot Size Square Feet 5378
Number of Units Leased 9
Listing Terms Cash Cash to Existing Loan Conventional 1031 Exchange
Spa Features None
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 5177
Current Financing Conventional
Property Condition Repairs Cosmetic
Trash Expense 0
Water Sewer Expense 7586
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 143
Total Actual Rent 9820
Property Sub Type Additional Apartment
Taxes 18528
Cap Rate 6.8
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Interior
Flooring Vinyl
Fireplace Features None
Total Stories 2
Common Walls 2+ Common Walls
Air Conditioning Y/N false
Heating Y/N true
Fireplace Y/N false
Laundry Features Common Area
Entry Level 1
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Exterior
Exterior Amenities TV Antenna
Fencing Wood
Parking Features Paved
Lot Features Near Park Paved Rectangular Lot Street Level
Water Source Public
Total Parking 4
Lot Size Area 5378
Number of Buildings 2
Spa false
Building Area Total 3480
Lot Size Acres 0.1235
Road Surface Type Paved
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 9
Number of Separate Electric Meters 9
Road Frontage Type City Street
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* Excluded Features
List By
Sky View Real Estate

Broker

darachay@gmail.com

Email

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$7,979
Per Month
100%
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Monthly Principal & Interest
$7,979
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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
6/12/2026$1,295,888 Listed Price

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1651 E South, Long Beach, CA, 90805 is a Multi-Family Home for sale at $1,295,888 with 3,480 sqft and a lot size of 0.1235. 1651 E South is a studio with 1.0 baths and was built in 1954. The property's zip code is 90805 which is in Long Beach, CA