$1,629,000

1377 Warren Avenue, Long Beach, CA 90813

4,944 sqft

other
Built in 1922
5,663sqft lot
—— car garage
$329/sqft
Listed 16 days ago

Property Description

PRICED TO SELL. 8.7 GRM AND 7.0% CAP WITH UPSIDE TO A 8.1 GRM AND 7.9% CAP. 11 units in Long Beach NOT subject to local rent control, only subject to AB 1482 rent control - maximum annual increase of 5% + CPI (you can increase 8.0% this year). The property is professionally managed and well-maintained. The property is MASTER METERED for all utilities and as such, there is an opportunity for a new owner to either implement a RUBS program or increase rents to cover these costs. Electrical updated in the past 3 years. Qualified Buyers can put as little as 25% down and earn over a 12% cash on cash return against in-place rents. EMAIL LA FOR MORE INFORMATION INCLUDING A CURRENT RENT ROLL AND EXPENSES.

Listing Status:: Active
Date Added:: January 22, 2026
Data Last Updated:: February 8, 2026 at 1:09AM
Listing Office:: The Agency : 424-230-3700
Listing Agent:: Jonathan Swire : 310-948-2631
MLS ID:: CL26640863

A/C: None
Heating: Wall Furnace

Parking: None

Originating MLS: CRMLS
County: Los Angeles

Zoning: LBR27268042011

Source: CRMLS

Presented by Veterans United Realty

This listing courtesy of Jonathan Swire , The Agency

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Lincoln Elementary School

1175 E 11th St, Long Beach, CA, 90813

Grades KG-5

0.22 miles away

Jessie E. Nelson Academy

1951 Cherry Ave, Signal Hill, CA, 90755

Grades 6-8

0.71 miles away

Polytechnic High School

1600 Atlantic Ave, Long Beach, CA, 90813

Grades 9-12

0.50 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.