16 38th Place, Long Beach, CA 90803

• 4,275 sqft

Property Description

16 38th Pl, a seven-unit multifamily investment located in a desirable coastal Long Beach rental pocket. Built in 1962, the property offers a rare opportunity to acquire an all-vacant asset, allowing a buyer to immediately execute lease-up, set market rents, and establish predictable cash flow without waiting for tenant turnover. The offering benefits from a durable 1BD / 2BD unit mix, an above-average parking ratio with 10 on-site spaces, and additional ancillary income potential. This is a clean stabilization-driven opportunity with clear NOI growth and long-term hold appeal. Contact the listing team for the Offering Memorandum, financials, and tour details.

Listing Status:

Active

Date Added:

February 1, 2026

Data Last Updated:

February 8, 2026 at 7:06AM

Listing Office:

Lyon Stahl Investment Real Estate, Inc. : 310-425-9838

Listing Agent:

Taylor Avakian : 916-996-4421

MLS ID:

CL26643731

Interior

• A/C: None
• Heating: None

Exterior

• Parking: AssignedOther

Location

• Originating MLS: CRMLS
• County: Los Angeles

Lot

• Zoning: LBR47256001023

Financial

• Source: CRMLS