**Price Improvement November 2025! ** Presenting a rare opportunity to acquire a well-maintained 17-unit multifamily property currently operating at a 7.14% CAP Rate and a 9.50 GRM! This two-story asset features a favorable unit mix of (4) one-bedroom/one-bath units and (13) two-bedroom/one-bath units, catering to strong rental demand in the area. On-site Parking. 28 Total Parking, 10 in front and 9 tandem in rear
Located in a quiet residential neighborhood near Signal Hill, the property offers tenants easy access to schools, parks, shopping centers,
and major freeways (405, 710, and 605). With upside in rents and continued demand for quality multifamily housing in Long Beach, this
property presents an excellent opportunity for investors seeking long-term growth and cash flow.
Do you own or manage this property?
This is My PropertyThe income description goes here to explain
| List Price | $3,650,000 |
| Property Type | Condo/Co-Op |
| Usable Sqft | Unknown |
| Number of Stories | 2 stories |
| Parking Spots | 0 spots |
| Year Built | 1964 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 7216032020 |
| MLS # | SB25119351 |
| Property ID | 294286168 |
| Lot Sqft | 12,887 |
| Zoning | LBR3S |
| Total Units | 17 |
| Date Updated | November 12, 2025 |
| Date Created | May 27, 2025 |
Cameron Samimi an agent of . Lic #02035763
© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of November 12, 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