$1,925,000

405 E Esther Street, Long Beach, CA 90813

4,252 sqft

other
Built in 1923
6,970sqft lot
—— car garage
$453/sqft
Listed 10 days ago

Property Description

405 E. Esther Street is a well-maintained, cash-flowing seven-unit multifamily asset located in a desirable Long Beach neighborhood with strong rental demand. The property features a highly attractive unit mix comprised of one (1) spacious 6BD/2BA unit, three (3) 3BD/1BA units, two (2) 2BD/1BA units, and one (1) 1BD/1BA unit. The property also has a driveway with three parking spaces. Fully occupied with long-term, reliable residents, the investment offers immediate, durable income for new ownership while still providing the opportunity to capture significant rental upside through natural turnover and strategic renovations. The property presents an ideal blend of in-place stability and value-add potential in one of Southern California's most consistent and resilient rental markets.

Listing Status:: Active
Date Added:: December 22, 2025 at 06:00AM
Listing Office:: Dover Management Corp. : 818-843-5200
Listing Agent:: Douglas Steinriede : 818-843-5200
MLS ID:: CL25630311

A/C: None
Heating: Wall Furnace

Parking: Other

Originating MLS: CRMLS
County: Los Angeles

Zoning: LBPD7269020023

Source: CRMLS

This listing courtesy of Douglas Steinriede, Dover Management Corp.

Monthly Payment

$Est. Payment

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

Ready to Start a VA Loan?

Get Started

NMLS #1907 ^†

Get Prequalified »

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

Roosevelt Elementary School

1574 Linden Ave, Long Beach, CA, 90813

Grades KG-5

0.20 miles away

Washington Middle School

1450 Cedar Ave, Long Beach, CA, 90813

Grades 6-8

0.47 miles away

Polytechnic High School

1600 Atlantic Ave, Long Beach, CA, 90813

Grades 9-12

0.30 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.