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Listed by: Jeanet Salazar (323) 356-3638 DRE #01473287 | J A T S Enterprises, Inc. (323) 356-3638
$2,999,999
19 Beds
19 Baths
--sqft
1755 Sherman, Long Beach, CA 90804
$2,999,999
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Single Family Residence
Built in 1987
$-- HOA
8,514 sqft lot
--/sqft
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, p...
- Houzeo last checked: 29 minutes ago
- Listing updated: August 6, 2026 at 5:18 pm
- Source: California Regional MLS-CA | MLS#: DW26165133
Property Details
Status
Active
Type
Single Family Residence
No. of Stories
3
County
City
Neighborhood
Year Built
1987
HOA Fees
-
Finished Area
- sqft
Lot Size
8,514 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
DW26165133
MLS Status
Active
Days on Market
9
Cumulative Days on Market
9
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New York State Fair Housing Notice.
