843 Newport Long Beach, CA $ 2,375,000
843 Newport
$ 2,375,000
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843 Newport

Long Beach, CA, 90804
$ 2,375,000
Baths1.0 Sq 5,402

Monthly Estimate*

$ 14,996

Listed by Coldwell Banker Commercial
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Studio

Multi-Family Home for sale in Long Beach, CA

for $2,375,000 with 1 full bath. This 5,402 square foot home was built in 1928 on a lot size of 0.1425.

Timeless Spanish Charm with Modern Upgrades PLEASE DO NOT ENTER THE PROPERTY OR CONTACT THE TENANTS WITHOUT AN APPOINTMENT Step into a beautifully upgraded 1928 Spanish-style property that seamlessly blends historic character with contemporary improvements. This well-maintained asset offers strong rental appeal and long-term investment potential. Property Highlights Classic architecture featuring refinished original mahogany doors and moldings Five units with refinished hardwood floors Upgraded kitchens and bathrooms throughout Separately metered gas and electric for all units Two spacious 2-bedroom units (#2 & #4) Remodeled kitchens with microwaves and dishwashers. Unit #2 includes forced-air heating Four 1-bedroom units with updated kitchens with modern finishes All six bathrooms upgraded for improved comfort and appeal Additional Amenities Large on-site laundry room with separate gas and electric meters & Tenant storage lockers. Newer fencing and secure entry gates Property termite treated (2000) Listing Agent is the Owner

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Multi-Family Active

Price

$ 2,375,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1425

Year Built

1928

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

PW26074353

Days on Market

72

Features
General
Sewer Sewer Tap Paid
Heating Forced Air Wall Furnace
Utilities Electricity Connected Natural Gas Connected Phone Available Sewer Connected Water Connected
Appliances Dishwasher Disposal Gas Oven Gas Range Gas Water Heater Microwave Refrigerator Water Heater
Garage Spaces 5
Architectural Style Spanish
Pool Features None
Security Features Carbon Monoxide Detector(s) Smoke Detector(s) Security Lights
Year Built 1928
Electric Electricity - On Property Standard
Tenant Pays Electricity Gas
View Neighborhood
Stories Count 2
Levels Two
Property Subtype Apartment
Gross Income 154200
Community Features Curbs
County Los Angeles
Net Operating Income 101174
Operating Expense 48454
Insurance Expense 6972
New Construction false
Property Type Residential Income
Contingency Seller must complete a 1031 tax deferred exchange
Subdivision Name Belmont Heights (BH)
Garage Y/N true
Other Structures Storage
Special Listing Conditions Standard
Status Active
Directions 8th Street & Newport
City Long Beach
Entry Location street
Senior Community Y/N false
Number Of Units Total 6
MLS Area 2 - Belmont Heights Alamitos Heights
Lot Size Units Square Feet
Lot Size Square Feet 6208
Number of Units Leased 6
Listing Terms 1031 Exchange
Spa Features None
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 560
Fuel Expense 0
Trash Expense 6972
Water Sewer Expense 2640
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 14
Total Actual Rent 12850
Property Sub Type Additional Apartment
Taxes 27600
Cap Rate 4.26
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Interior
Flooring Wood
Fireplace Features Decorative
Total Stories 2
Common Walls 2+ Common Walls
Heating Y/N true
Fireplace Y/N true
Laundry Features Common Area
Entry Level 1
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Exterior
Fencing Excellent Condition Wood
Lot Features 0-1 Unit/Acre
Water Source Public
Total Parking 5
Inclusions six stoves and 6 refrigerators. All laundry room equipment
Lot Size Area 6208
Number of Buildings 2
Spa false
Building Area Total 5402
Lot Size Acres 0.1425
Road Surface Type Alley Paved
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 7
Number of Separate Electric Meters 7
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* Excluded Features
List By
Coldwell Banker Commercial

Broker

stevew@cbcblair.com

Email

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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
7/7/2026$2,375,000 Listed Price

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843 Newport, Long Beach, CA, 90804 is a Multi-Family Home for sale at $2,375,000 with 5,402 sqft and a lot size of 0.1425. 843 Newport is a studio with 1.0 baths and was built in 1928. The property's zip code is 90804 which is in Long Beach, CA