$1,627,000

1377 Warren Avenue, Long Beach, CA 90813

4,944 sqft

other
Built in 1922
5,702sqft lot
—— car garage
$329/sqft
Listed 3 months ago

Property Description

PRICED TO SELL. 8.5 GRM AND 7.3% 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 13% cash on cash return against in-place rents.

Listing Status:: Active
Date Added:: January 22, 2026
Data Last Updated:: May 20, 2026 at 1:06PM
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

County: Los Angeles

Zoning: LBR2N7268042011

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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