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$20k/month with One 2 bed 2 bath unit is vacant!! Actual Rents bring the building to 6% cap rate with the vacant unit. If vacant unit is rented at $2,500/month, cap rate jumps to 7%. Opportunity to own a well-maintained 12-unit income property located in the desirable city of Long Beach. This property features an excellent unit mix consisting of eight 2-bedroom, 1-bathroom units and four 1-bedroom, 1-bathroom units, offering strong rental appeal and long-term investment potential. The spacious unit layouts provide desirable living arrangements for tenants, with a mix that appeals to a wide range of renters. Conveniently located near shopping, dining, entertainment, public transportation, and major freeways, this property offers accessibility and convenience for residents. An excellent opportunity for investors seeking a multifamily asset in a highly sought-after Long Beach rental market.
Property Type(s):
Residential Income
| Last Updated | 7/28/2026 | Tract | Eastside (ES) |
|---|---|---|---|
| Year Built | 1987 | Community | 3 - Eastside, Circle Area |
| Garage Spaces | 16.0 | County | Los Angeles |
Additional Details
| AREA | 3 - Eastside, Circle Area |
|---|---|
| GARAGE | Yes |
| LOT | 8516 sq ft |
| LOT DESCRIPTION | Level, Paved, Rectangular Lot |
| LOT DIMENSIONS | 8514 |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 3 |
| SUBDIVISION | Eastside (ES) |
| WATER | Public |
Location
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Listed with J A T S Enterprises, Inc.
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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