426 E. 17th Street is a well-maintained bungalow-style apartment property located in the heart of Long Beach with (9) units plus (1) non-conforming unit. Priced at a 6.62%cap rate and 9.79 GRM based on current rents, the asset offers strong in-place income with additional upside.
The property consists of (4) 1-bed/1-bath units (includes one non-conforming unit), (4) studio units, and two newly constructed accessory dwelling units: (1) 1-bed/1-bath ADU and (1) studio ADU, both completed in 2024/2025. Five of the 10 units have been fully renovated with modern flooring, updated kitchens and bathrooms, and designer fixtures and finishes.
Additional property highlights include new electrical panels and a classic bungalow layout that appeals to tenants seeking charm and privacy.
Ideally located, the property boasts a Walk Score of
84—“Very Walkable”—with most daily errands easily accomplished on foot. Additionally, the property is just a four-minute walk to the Metro A Line (Blue) at the Pacific Coast Hwy Station, offering convenient transit access throughout Long Beach and the greater Los Angeles area.
The income description goes here to explain
| List Price | $1,575,000 |
| Property Type | Condo/Co-Op |
| Usable Sqft | Unknown |
| Number of Stories | 1 stories |
| Parking Spots | 0 spots |
| Year Built | 1923 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 7269022021 |
| MLS # | PW25135860 |
| Property ID | 291990466 |
| Lot Sqft | 7,427 |
| Zoning | LBPD29 |
| Total Units | 9 |
| Days on Market | 187 |
| Original List Price | $1,800,000 |
| Date Updated | November 05, 2025 |
| Date Created | June 17, 2025 |
Robert Stepp an agent of . Lic #01456379
© 2025 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of November 05, 2025 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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2708 Wilshire Blvd #197
Santa Monica, CA 90403
California #02062862
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT