$3,048,000

1735 E 10th Street, Long Beach, CA 90813

10,253 sqft

other
Built in 1928
0.29acre lot
—— car garage
$297/sqft
Listed 1 month ago

Property Description

Priced to sell at 9.7 GRM and 6.6% CAP with upside to 9.3 GRM and a 7.0% CAP. 14 units in Long Beach NOT subject to rent control, only subject to AB 1482 rent control - maximum annual increase of 5% + CPI (currently 8.0%). Located on the East Side. Long Beach has undergone major redevelopment with over $8BB of new projects in the past few years. The property is professionally managed and well maintained with onsite laundry. The property features an excellent unit mix of 1 and 2 bed units with 11 open parking spaces in the rear. The exterior and all interiors were updated in 2019. Unit interiors feature updated flooring, kitchen counter tops, lighting and paint. EARN OVER A 10% CASH ON CASH RETURN AGAINST IN PLACE RENTS. Qualified Buyers can put down as little as 25%. Contact Loan Broker to find out more. EMAIL LISTING AGENT FOR MORE INFO INCLUDING A RENT ROLL AND OM.

Listing Status:: Active
Date Added:: February 25, 2026
Data Last Updated:: April 2, 2026 at 3:08PM
Listing Office:: The Agency : 424-230-3700
Listing Agent:: Jonathan Swire : 310-948-2631
MLS ID:: CL26656535

A/C: None
Heating: Wall Furnace

Parking: Assigned

County: Los Angeles

Zoning: LBR27267012035

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

0.44 miles away

Franklin Classical Middle School

540 Cerritos Ave, Long Beach, CA, 90802

Grades 6-8

0.59 miles away

Polytechnic High School

1600 Atlantic Ave, Long Beach, CA, 90813

Grades 9-12

0.93 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.