216 Esperanza Long Beach, CA $ 1,449,000
216 Esperanza
$ 1,449,000
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216 Esperanza

Long Beach, CA, 90802
$ 1,449,000
Baths1.0 Sq 3,816

Monthly Estimate*

$ 8,922

Listed by Golden Eagle Properties
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Studio

Multi-Family Home for sale in Long Beach, CA

for $1,449,000 with 1 full bath. This 3,816 square foot home was built in 1921 on a lot size of 0.0757.

Very well maintained, upgraded, and spacious (3816 sq. ft) (4) l bedroom units (approx. 950 sq. ft. ea.) located in the heart of the Alamitos Beach, a very desirable residential neighborhood---LOCATION/LOCATION/LOCATION !!!.....These 4 units are 2 blocks from the beach and adjacent to Bluff Park with a very high walk score.....abundant shopping/restaurants/bars/ & BEACH within EZ 5-15 minute walk. Public transportation on the corner.....E. BROADWAY. Again, a few blocks away is The EAST VILLAGE ARTS DISTRICT with historic Art Deco architecture and a mix of artists lofts, mid-century furniture stores, and sidewalk cafes like The Breakfast Bar, Berlin Bistro & others....a delightful area to enjoy eclectic food choices and good drinks. Retro Row along East 4th St. is another wonderful area....again, just a few blocks away....a large choice of restaurants/bars and great shopping opportunities with new and used merchandise offered from a variety of independently owned small establishments.....A GREAT AREA TO VISIT. The 4 unit actual rents are shown reflecting long term residents....projected numbers used for the analysis to see the fairly short term projections for a financially prudent investment property. In seller's family for almost 50 years....!!! It is a keeper property.......you will enjoy owning it!!!!

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Multi-Family Active

Price

$ 1,449,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.0757

Year Built

1921

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

SW26135295

Days on Market

3

Features
General
Sewer Public Sewer
Cooling Wall/Window Unit(s)
Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Garage Spaces 1
Pool Features None
Year Built 1921
Tenant Pays Electricity Gas Telephone
Property Subtype Apartment
Gross Income 0
Community Features Curbs Sidewalks Urban
County Los Angeles
Net Operating Income 57306
Operating Expense 34650
Insurance Expense 3500
New Construction false
Property Type Residential Income
Contingency seller will enter into an exchange situation...no issue to buyer.
MaintenanceExpense 6000
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions 3 blocks N. of Ocean!!!! couple blocks E. of Alamitos
City Long Beach
Entry Location ground
Senior Community Y/N false
Number Of Units Total 4
MLS Area 4 - Downtown Area Alamitos Beach
Lot Size Units Square Feet
Lot Size Square Feet 3296
Carport Y/N true
Listing Terms Cash Cash to New Loan Conventional 1031 Exchange
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 0
Fuel Expense 0
Trash Expense 600
Water Sewer Expense 1400
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 1
Total Actual Rent 6650
Property Sub Type Additional Apartment
Expected Active Date 2026-06-21
Taxes 21750
Cap Rate 3.95
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Interior
Fireplace Features None
Total Stories 2
Common Walls 2+ Common Walls
Air Conditioning Y/N true
Fireplace Y/N false
Laundry Features None
Entry Level 1
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Exterior
Parking Features Detached Carport
Lot Features Level Street Level
Water Source Public
Total Parking 1
Lot Size Area 3296
Number of Buildings 2
Building Area Total 3816
Lot Size Acres 0.0757
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 4
Number of Separate Electric Meters 4
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* Excluded Features
List By
Golden Eagle Properties

Broker

davestocktontemvalleyrealtor@gmail.com

Email

Affordability Calculator

$8,922
Per Month
100%
0%
0%
Monthly Principal & Interest
$8,922
Monthly Property Taxes
--
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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/21/2026$1,449,000 Listed Price

Map


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216 Esperanza, Long Beach, CA, 90802 is a Multi-Family Home for sale at $1,449,000 with 3,816 sqft and a lot size of 0.0757. 216 Esperanza is a studio with 1.0 baths and was built in 1921. The property's zip code is 90802 which is in Long Beach, CA