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Listed by: Dara Chay (562) 761-2777 DRE #01217793 | Sky View Real Estate (562) 761-2777
$1,295,888
Monthly Est:$6,450
2 Beds
7 Baths
3,480sqft
1651 E South, Long Beach, CA 90805
$1,295,888
$6,450/moEst:
Get Pre-Approved
Apartment
Built in 1954
$-- HOA
5,378 sqft lot
$372/sq.ft
Description
Exceptional Value-Add Investment Opportunity! This well-maintained 9-unit apartment property offers stable cash flow, strong rental demand, and significant upside potential in a highly desirable rental market. The property consists of a charming standalone 2-bedroom, 1-bath home at the front and a separate two-story building featuring eight studio units, with four units on each level. Six of the nine units have already been tastefully renovated, allowing a new owner to continue the renovation program and capture additional rental upside.
With below-market rents, consistently low vacancy, and all units fully occupied, this asset presents an outstanding opportunity to increase income while benefiting from immediate cash flow. Ideally situated directly across from Harte Elementary School and just minutes from Lakewood Center, Long Beach Exchange, major retailers, restaurants, parks, and convenient freeway access, the property is located in a prime rental location that continues to attract long-term tenants.
Whether you're looking to expand your portfolio with a turnkey investment offering immediate returns or seeking a value-add asset with long-term appreciation and income growth potential, this property checks all the boxes.
- Houzeo last checked: 1 minute ago
- Listing updated: September 26, 2026 at 6:46 am
- Source: California Regional MLS-CA | MLS#: PW26128325
Part of
Property Details
Status
Pending
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1954
HOA Fees
-
Finished Area
3,480 sqft
Lot Size
5,378 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
PW26128325
MLS Status
Pending
Days on Market
118
Cumulative Days on Market
24
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 2
Bathrooms: 7
Interior
Cooling
None
Flooring
Vinyl
Exterior Features
Tv Antenna
Appliances
Gas Range
Heating
Wall Furnace
Sewer
Public Sewer
Construction
Year Built
Year Built: 1954
Home type
Apartment
Property Condition
Repairs Cosmetic
Roof
Composition, Shingle
Construction Materials
Stucco
Utilities & Energy
Pool Features
None
Water Source
Public
Fireplace Features
None
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Laundry Features
Common Area
Parking Features
Paved
Other Features
Subdivision Name
North Long Beach (nlb)
Community Features
Curbs, Park
Lot Features
Near Park, Paved, Rectangular Lot, Street Level
Disclosures
Rent Control
Tenant Pays
Electricity
Price History
| Date | Event | Price |
|---|---|---|
09/25/2026 Source: | Pending | $1,295,888 $372/sqft |
07/13/2026 Source: | Contingent (Active Under Contract) | $1,295,888 $372/sqft |
06/12/2026 Source: | Listed for Sale | $1,295,888 $372/sqft |
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Based on information from California Regional Multiple Listing Service, Inc. as of Oct 08, 2026, 09:30PM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
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