$2,999,999

1755 Sherman, Long Beach, CA 90804

5 beds |
5 baths

Multi-Family Home
Built in ——
8,516sqft lot
—— car garage
$——/sqft
Listed 24 days ago

Property Description

$20k/month with One 2 bed 2 bath unit is vacant!! Actual Rents bring the building to 6% cap rate with the vacant unit. If vacant unit is rented at $2,500/month, cap rate jumps to 7%. Opportunity to own a well-maintained 12-unit income property located in the desirable city of Long Beach. This property features an excellent unit mix consisting of eight 2-bedroom, 1-bathroom units and four 1-bedroom, 1-bathroom units, offering strong rental appeal and long-term investment potential. The spacious unit layouts provide desirable living arrangements for tenants, with a mix that appeals to a wide range of renters. Conveniently located near shopping, dining, entertainment, public transportation, and major freeways, this property offers accessibility and convenience for residents. An excellent opportunity for investors seeking a multifamily asset in a highly sought-after Long Beach rental market.

Listing Status:: Active
Date Added:: July 28, 2026
Data Last Updated:: August 24, 2026 at 7:12AM
Listing Office:: J A T S Enterprises, Inc. : 323-356-3638
Listing Agent:: Jeanet Salazar : 323-356-3638
MLS ID:: DW26165133

Pool: N/K

Originating MLS: California Regional MLS
County: Los Angeles

Zoning: Assessor7261006005

Source: California Regional MLS

This listing courtesy of Jeanet Salazar , J A T S Enterprises, Inc.

Monthly Payment

$Est. Payment

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

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