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Listed by: Jonathan Swire (310) 948-2631 DRE #01336277 | The Agency (424) 230-3700
$1,615,000
4 Beds
11 Baths
4,944sqft
1377 Warren Ave, Long Beach, CA 90813
$1,615,000
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Multi Family
Built in 1922
$-- HOA
5,700 sqft lot
$327/sq.ft
Description
CHEAPEST PRICED LISTING IN ALL OF LONG BEACH. PRICED TO SELL. 8.4 GRM AND 7.2% CAP WITH UPSIDE TO A 8.0 GRM AND 7.7% CAP. 11 units in Long Beach NOT subject to local rent control, only subject to AB 1482 rent control - maximum annual increase of 5% + CPI (you can increase 8.7% this year). The property is professionally managed and well-maintained. The property is MASTER METERED for all utilities and as such, there is an opportunity for a new owner to either implement a RUBS program or increase rents to cover these costs. Electrical updated in the past 3 years. Qualified Buyers can put as little as 25% down and earn over a 12% cash on cash return against in-place rents. Ex...
Continue Reading- Houzeo last checked: 50 minutes ago
- Listing updated: July 13, 2026 at 7:59 pm
- Source: California Regional MLS-CA | MLS#: 26640863
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1922
HOA Fees
-
Finished Area
4,944 sqft
Lot Size
5,700 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
26640863
MLS Status
Active
Days on Market
197
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