2922 E 15th Street Long Beach, CA $ 1,200,000
2922 E 15th Street
$ 1,200,000
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2922 E 15th Street

Long Beach, CA, 90804
$ 1,200,000
Baths1.0 Sq 3,950

Monthly Estimate*

$ 7,577

Listed by Keller Williams Coastal Prop.
2922 E 15th Street, Long Beach, CA 90804 - Image 1
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Studio

Multi-Family Home for sale in Long Beach, CA

for $1,200,000 with 1 full bath. This 3,950 square foot home was built in 1960 on a lot size of 0.115.

Traffic circle adjacent, 6-unit apartment building in which $156,500 has been spent on capital improvements over the last year. These improvements include a new roof (May 2026), sewer work and installation of a sewer clean out, renovated laundry room including the purchase of 3 washing machines and 3 dryers, exterior dawn to dusk lighting, addition of coded locks on the gates, and a fully renovated 2-bedroom unit. The renovation of this unit includes the following new items: mini split providing heat and air conditioning, kitchen cabinets, counters and appliances, luxury vinyl flooring, windows and blinds, lighting fixtures, and beautifully remodeled bathroom. The desirable unit mix includes 5 - 2 bedroom/1 bathroom units and 1-1 bedroom/1 bathroom unit. There are 5 tandem parking spots behind the building providing parking for up to 10 cars depending on vehicle size. The cap rate is approximately 6% and the GRM is approximately 10 - these numbers were calculated using the actual rents for the 4 occupied units and pro forma rents for the two vacant units.

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Multi-Family Active

Price

$ 1,200,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.115

Year Built

1960

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

PW26171369

Days on Market

11

Features
General
Sewer Public Sewer
Heating See Remarks Wall Furnace
Cooling See Remarks
Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Possession Close Of Escrow
Roof Flat
HOA Fee 0
Garage Spaces 0
Architectural Style Traditional
Pool Features None
Security Features Carbon Monoxide Detector(s) Key Card Entry Smoke Detector(s)
Construction Materials Stucco
Year Built 1960
Electric Electricity - On Property
Tenant Pays Electricity Gas Sewer Trash Collection Water
View None
Stories Count 2
Levels Two
Property Subtype Apartment
Gross Income 840
Community Features Sidewalks
Accessibility None
County Los Angeles
Net Operating Income 74132
Operating Expense 35000
Insurance Expense 12000
New Construction false
Property Type Residential Income
HOA false
Subdivision Name Circle (CA)
Garage Y/N false
Special Listing Conditions Trust
Status Active
Directions Property is located on 15th between Orizaba and Temple
City Long Beach
Entry Location 1
Senior Community Y/N false
Open Parking Spaces 10
Number Of Units Total 6
MLS Area 3 - Eastside Circle Area
Lot Size Units Square Feet
Lot Size Square Feet 5008
Carport Spaces 0
Number of Units Leased 4
Listing Terms Submit
Spa Features None
Property Attached Y/N false
Land Lease Y/N false
Electric Expense 0
Current Financing Conventional
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 11
Total Actual Rent 63876
Property Sub Type Additional Apartment
Taxes 15000
Cap Rate 6
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Interior
Flooring Carpet Tile Vinyl
Fireplace Features None
Total Stories 2
Common Walls No Common Walls
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features Laundry Room Outside
Entry Level 1
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Exterior
Exterior Amenities Lighting
Fencing Wood
Parking Features On Site Off Street Tandem Unassigned Uncovered
Lot Features Front Yard Near Public Transit Rectangular Lot Street Level
Water Source Public
Total Parking 10
Lot Size Area 5008
Number of Buildings 1
Spa false
Building Area Total 3950
Lot Size Acres 0.115
Road Surface Type Paved
Private Pool false
Lot Size Source Assessor
Pool Charge 0
Number of Separate Water Meters 1
Number of Separate Gas Meters 7
Number of Separate Electric Meters 6
Road Frontage Type City Street
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* Excluded Features
List By
Keller Williams Coastal Prop.

Broker

kendramiller@kw.com

Email

Affordability Calculator

$7,577
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Monthly Principal & Interest
$7,577
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Default based on a 30-year fixed rate of 6.49% 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
8/6/2026$1,200,000 Listed Price

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2922 E 15th Street, Long Beach, CA, 90804 is a Multi-Family Home for sale at $1,200,000 with 3,950 sqft and a lot size of 0.115. 2922 E 15th Street is a studio with 1.0 baths and was built in 1960. The property's zip code is 90804 which is in Long Beach, CA