2212 East 15th Street Long Beach, CA $ 1,775,000
2212 East 15th Street
$ 1,775,000
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2212 East 15th Street

Long Beach, CA, 90804
$ 1,775,000
Bedrooms-- Baths0.0 Sq 5,254

Monthly Estimate*

$ 12,259

2212 East 15th Street, Long Beach, CA 90804 - Image 1
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Multi-Family Home for sale in Long Beach, CA

for $1,775,000. This 5,254 square foot home was built in 1960 on a lot size of 0.15.

2212 E 15th St | 8-Unit Multifamily Investment, Long Beach. This 1960-built asset totals 5,256 SF on an 8,409 SF lot in Eastside Long Beach, between the Cherry Avenue corridor and Zaferia. It sits a few blocks north of Anaheim Street's restaurants and coffee shops and just south of Pacific Coast Highway retail and bus lines. The property features (8) 2BR/1BA units averaging 657 SF across a front and back building, with eight on-site parking spaces at a 1:1 ratio. Six of eight units are occupied at an average rent of $1,962, four of them already at the $1,995 market rent, and Units 1 and 2 are delivered vacant. Offered at $1,775,000 ($221,875/unit | $337.71/SF) with a 7.13% cap rate on scheduled rents and a 9.39 GRM, the real story is yield a 7%+ cap at a sub-$225K basis, with two units the buyer can lease or renovate on their own terms from close.

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Multi-Family Active

Price

$ 1,775,000

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.15

Year Built

1960

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

0026104748

Features
General
Living Area 5254
Zoning LBR2N
Pool Features None
Year Built 1960
Levels Multi/Split
County Los Angeles
New Construction false
Property Type Residential Income
HOA false
Status Active
City Long Beach
Senior Community Y/N false
MLS Area 3 - Eastside Circle Area
Lot Size Units Square Feet
Lot Size Square Feet 6518
Standard Status Active
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Interior
Total Stories 0
Air Conditioning Y/N false
Heating Y/N false
Total Baths 0
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Exterior
Parking Features Driveway Down Slope From Street
Lot Size Area 6518
Foundation Details None
Building Area Total 5254
Lot Size Acres 0.15
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* Excluded Features
List By
Taylor Avakian

Listing Agent

Lyon Stahl Investment Real Estate, Inc.

Broker

taylor@lyonstahl.com

Email

Affordability Calculator

$12,259
Per Month
100%
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Monthly Principal & Interest
$12,259
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 7.375% 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
0 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/27/2026$1,775,000 Listed Price

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2212 East 15th Street, Long Beach, CA, 90804 is a Multi-Family Home for sale at $1,775,000 with 5,254 sqft and a lot size of 0.15. 2212 East 15th Street has 0.0 baths and was built in 1960. The property's zip code is 90804 which is in Long Beach, CA