We are pleased to present 1824 E Appleton Street, a four unit property located in the City of Long Beach, California. Built in 1926, the property is situated on a 2,919 square foot lot zoned LBR2N near the intersection of Broadway and Cherry Avenue. The property consists of large one bedroom, one bathroom units. All the units are individually metered for electricity and gas. Located in the burgeoning Alamitos Beach area of Downtown Long Beach, the area has been experiencing tremendous growth in the last few years. Nestled between downtown Long Beach and Belmont Shore this charming, popular coastal neighborhood is within minutes to the best that Long Beach has to offer. Residents can walk to the wide sandy beach, bike path and volleyball courts, as well as quaint bars and restaurants along the Broadway Corridor and trendy shops, restaurants and bars on Fourth Street-Retro Row. Situated about two blocks away from Bixby Park, this property is a walkers paradise.
Multi-familyProperty Type
1926Year Built
2,920 sq ftLot Size
$371Est. Price/Sq.Ft.
3 spacesParking
Listed by Michael Jacobs•DRE #01979550• Kidder Mathews of California, Inc.
•310-906-3275 (agent)
•michael.jacobs@kidder.com (agent)
Bought with Travis Lebouf•DRE #01938822• Platinum Properties R.E.
*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
Beds
4
Baths
4
Stories
—
Lot width
—
Lot depth
—
Lot size
2,920 Sq. Ft.
Year renovated
1926
Sq. Ft.
3,572
Year built
1926
Style
Multi-Family (2-4 Unit)
County
Los Angeles County
APN
7275019023
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 6, 2026.
R-2-N
Two-Family Residential, Standard Lot District
The R-2-N District is a two-family residential district with standard lots. This District recognizes the need for two-family, moderate density housing with outdoor living space. This Zone implements Land Use District No. 2 of the General Plan.
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Other
Park & open space
Property details
Parking
Garage
Driveway - Concrete
Parking
# of Parking Spaces (Total): 3
Interior
Flooring Information
Hardwood Floors
Equipment
Built-Ins, Refrigerator, Freezer, Range/Oven
Heating & Cooling
No Cooling
Wall Heat
Multi-Unit Income
Actual Annual Gross Rent: $75,240
Actual Gross Annual Income: $75,240
Gross Income: 6270
Gross Operating Income: $50,840
Net Operating Income: $50,840
Multi-Unit Expenses
Total Annual Expense: $22,143
Multi-Unit Other Financial Information
Cap Rate: 3.93
Gross Rent Multiplier: 17.21
Vacancy Rate: 25
Scheduled Actual: Actual
Multi-Unit Information
Unit Type Type: 1
Type Of Units: 4
# of Buildings: 1
Unit 1 Information
# of Beds: 1
# of Baths: 1.00
Rent: $1,568
Projected Rent: $7,600
Actual Rent: $6,270
# of Units: 4
Exterior
Property Information
Property Type: Residential Income
Land Information
Other Structures: None
Lot Information
Lot Size (Sq. Ft.): 2,920
Lot Size (Acres): 0.067
Zoning: LBR2N
Financial
Assessment Information
Assessor Parcel Number: 7275-019-023
Location
Community Information
# of Units in Complex (Total): 4
Location Information
Directions: Near Appleton Street and Cherry Ave
Public facts
Beds: 4
Baths: 4.0
Sq. Ft.: 3,572
Stories: —
Lot Size: 2,920 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1926
Year Renovated: 1926
County: Los Angeles County
APN: 7275019023
Home facts updated by county records on Oct 6, 2026
Other
Documents & Disclosures
Disclosures: None
Around this home
Schools
Burbank Elementary School
Public K-5 • Assigned • 0.4mi
7/10
Franklin Classical Middle School
Public 6-8 • Assigned • 0.6mi
4/10
Polytechnic High School
Public 9-12 • Assigned • 1.6mi
7/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
7 days above 86° expected this year, 24 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
6/10 Air Factor
9 unhealthy days expected this year, 10 days in 30 years
Provided by First Street
Historical weather
Long Beach, CA • 90802
Average low and high temperatures (°F)
69
50
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52
72
55
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56
73
60
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63
80
65
81
66
79
67
75
60
70
54
67
53
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.1 hours in
June and 6.9 hours in December, placing it above the
U.S. average for solar exposure.
9.1 hrs
6.9 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$1.26M – $1.53M
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