Newer 8 Units-built 1987. All 2 Br. Units. Try 15% Down. Owner Will Carry 10% 2nd Td. Cash Flow Appx. $1351 Mo. (15% Down) Approx. 24.5% Cash On Cash Return! Three Story Building With 1 St Story Parking Area.
Multi-familyProperty Type
1987Year Built
7,396 sq ftLot Size
22 spacesParking
Listed by Michael Lembeck•DRE #01019397• Century 21 Beachside
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
16
Baths
16
Stories
—
Lot width
—
Lot depth
—
Lot size
7,377 Sq. Ft.
Year renovated
1996
Sq. Ft.
6,262
Year built
1987
Style
Multi-Family (5+ Unit)
County
Los Angeles County
APN
7273007034
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 6, 2026.
PD-30
Planned Development-Downtown Long Beach District
The Planned Development (PD) District is established to allow flexible development plans to be prepared for areas of the City which may benefit from the formal recognition of unique or special land uses and the establishment of special design policies and standards not otherwise possible under conventional zoning district regulations. Purposes of the planned development district include permitting a compatible mix of land uses, allowing for planned commercial areas and business parks, and encouraging a variety of housing styles and densities.
Permitted uses
Include but are not limited to:
Bank
General retail
Restaurant
Housing
Hotel / motel
Office
Public service
Theater / performing arts facility
Veterinary clinic
Park & open space
Aug 7, 2020 • Final
Plumbing
Bathroom
Kitchen
Plumbing
Remodel
Aug 7, 2020 • Final
Electrical
Bathroom
Electrical
Kitchen
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking / Garage Information
# of Carport Spaces: 11
# of Parking Spaces: 22
Interior
Interior Features
Levels: Three Or More
Unit Type 1 Information
Unit Key Numeric: 258612
Listing Key Numeric: 1463315
Actual Rent: $620
Area Units: Square Feet
Total # of Baths: 1
Total # of Beds: 2
Total Rent: $3,720
Total # of Units: 6
Unit Type 2 Information
Unit Key Numeric: 258613
Listing Key Numeric: 1463315
Actual Rent: $595
Area Units: Square Feet
Total # of Baths: 1
Total # of Beds: 2
Total Rent: $595
Total # of Units: 1
Unit Type 3 Information
Listing Key Numeric: 1463315
Unit Key Numeric: 258614
Actual Rent: $545
Area Units: Square Feet
Total # of Baths: 1
Total # of Beds: 2
Total Rent: $545
Total # of Units: 1
Multi-Unit Information
# of Units With Drapes: 8
# of Units With Disposal: 8
# of Units With Carpet: 8
Net Operating Income: $42,574
Gross Scheduled Income: $58,320
Gross Multiplier: 7.54
Gross Income: $4,860
# Of Separate Water Meters: 1
# Of Separate Gas Meters: 8
# Of Separate Electric Meters: 8
# Of Buildings: 1
Operating Expense Percent: $25
Vacancy Allowance Rate: 2
Vacancy Allowance: 1166
Exterior
Lot Information
Lot Size Source: Assessor's Data
Property Information
Total # of Units: 8
Parcel Number: 7273007034
Financial
Lease / Rental Details
Operating Expense: $14,580
Total Actual Rent: $4,860
Location
Location Information
Latitude: 33.77925100
Longitude: -118.19108700
Zoning: MULT
Public facts
Beds: 16
Baths: 16.0
Sq. Ft.: 6,262
Stories: —
Lot Size: 7,377 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1987
Year Renovated: 1996
County: Los Angeles County
APN: 7273007034
Home facts updated by county records on Oct 6, 2026
Other
Listing Information
Days Active in MLS: 106
Continuous Days Active in MLS: 195
Listing Agent Information
List Agent First Name: Michael
List Agent Last Name: Lembeck
Listing Office Information
List Office Name: Century 21 Beachside
Selling Agent Information
Buyer Agent First Name: Michael
Buyer Agent Last Name: Lembeck
Selling Office Information
Buyer Office Name: Century 21 Beachside Realtors
Around this home
Schools
Roosevelt Elementary School
Public K-5 • Assigned • 0.6mi
5/10
Washington Middle School
Public 6-8 • Assigned • 1.4mi
4/10
Polytechnic High School
Public 9-12 • Assigned • 0.7mi
7/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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