$1,550,000

219 E 10th Street, Long Beach, CA 90813

  • 6 beds |
  • 3 baths |
  • 3,380 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1909
  • Property Lot Size Icon3,476sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $459/sqft
  • Property List Date Icon Listed 2 days ago

Property Description

Dive into this diversified investment, a mixed-use property yielding strong revenue with upside potential and preliminary redevelopment concept plans. Nestled in an evolving Long Beach neighborhood, this compelling asset covers two lots with separate APN's, merging lucrative commercial operations with updated residential spaces for a dynamic revenue stream. The front building features two retail store fronts on the ground level, and upstairs a three bedroom apartment features dual primary sized rooms with a common bathroom. The rear duplex qualifies as a multi-family residential duplex. Upstairs at the rear you'll find a two-bedroom apartment (converted) with great balcony space and tons of daylight. Downstairs rear is a large one bedroom apartment. Each residential unit has its own new laundry in-unit and there's a long driveway with off-street parking at the back. The two separate APN's of this purchase opportunity could allow for conventional financing of the rear duplex, increasing attainability for newer or first time investors. The allure of this property extends beyond its current income generating capabilities to a future filled with promise, highlighted by the preliminary sketches for the development of 20 micro-apartment as an option for future development. Envision the rent roll on a prospective 20 micro-units building! Recent improvements and new construction are reshaping the neighborhood, not to mention the cities investment of over $750MM on infrastructure via the "Elevate '28" plan. These two buildings collectively known as 219 E 10th Street stand out as a stellar choice for investors aiming for a combination of steady diversified income and the opportunity for expansive growth and appreciation. The strategic benefits of owning a desirable mixed-use building with upside potential, redevelopment potential, and situated on two APN's make this a rare gem. Updated units, off-street parking, a prime location, and a manageable 5 door roster underscore the ease of stepping into this investment for new investors and seasoned professionals alike. This opportunity presents a rare window to invest a forward-thinking, multifaceted investment perfect for those poised to leverage the city's bright prospects and sights on the long term. APN #7273-007-037 (215, 219, 219.5) and APN #7273-007-035 (221, 221.5). Subject to CA rent control law. All remarks made in good faith, however cannot be guaranteed by listing agent / broker. Buyer to verify.

Listing Status:
Active
Date Added:
April 13, 2026
Data Last Updated:
April 15, 2026 at 4:19AM
Listing Office:
Realty ONE Group Pacific : 760-496-0760
Listing Agent:
Jeffrey DeLancy : 949-510-4350
MLS ID:
26672091
  • General: Ceiling Fan(s)
  • Appliances: RefrigeratorDryerWasher
  • A/C: Wall/Window Unit(s)
  • Heating: Wall Furnace
  • Parking: ConcreteGatedOne SpaceParking spaces: 0
  • General: 2
  • Originating MLS: CRMLS_CL
  • County: Los Angeles
  • Zoning: LBPD297273007037
  • Source: CRMLS_CL

This listing courtesy of Jeffrey DeLancy , Realty ONE Group Pacific

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

O

Oropeza Elementary School

700 Locust Ave, Long Beach, CA, 90813

Grades KG-5

0.21 miles away

W

Washington Middle School

1450 Cedar Ave, Long Beach, CA, 90813

Grades 6-8

0.47 miles away

R

Renaissance High School for the Arts

235 E 8th St, Long Beach, CA, 90813

Grades 9-12

0.16 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.