It is the best deal around! Cash Cow Multi-Family on Long Beach Blvd is an excellent location for an owner-occupied and the tenants. The landlord is selling to purchase a single-family residence. The total monthly rental income is $10,471. The landlord pays an average monthly utility of $649. This is a non-contingent sale. Make offers subject to interior inspection. Do not disturb the tenants. Conveniently Close to everything: restaurants, grocery stores, bus stops, laundry, and employers. Three buildings on the lot. The front building with three units facing Long Beach Blvd is on combined electric meters, paid for by the landlord. The second center building is a two-bedroom and one-bath with its own gas and electric meter paid for by the tenant. The third building at the rear has five units on a combined electric meter paid by the landlord. There is one water meter paid by the landlord. There are two gas meters; the landlord pays for the gas except for unit #4 (the two-bedroom). Three units have window A/C and pay an additional $100, which is already included in the rent. There is no laundry on the premises. There is a laundry mat on the same block. The monthly average landlord utility expenses are : Water: $350, Gas: 100, Electricity: $399. The income listed in this MLS description is correct and updated.
The income description goes here to explain
| List Price | $999,999 |
| Property Type | Flex Space |
| Usable Sqft | Unknown |
| Number of Stories | 1 stories |
| Parking Spots | 0 spots |
| Year Built | 1942 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| HOA Fees: | $0 |
| Association Name: | Unknown |
| Association Amenities: | Trash |
| APN # | 6175017031 |
| MLS # | OC25261318 |
| Property ID | 322358121 |
| Lot Sqft | 7,096 |
| Zoning | LYC2A* |
| Total Units | 9 |
| Days on Market | 97 |
| Original List Price | $999,999 |
| Applicances | Free-Standing Range% |
| Date Updated | February 02, 2026 |
| Date Created | November 14, 2025 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | $9,600 | $0 |
| Net Income (Yr) | $ 98,360 |
| Cap Rate | 9.83% |
Mike Trelles an agent of Real Broker. Lic #01176983
© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of February 02, 2026 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