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Listed by: Taylor Avakian (916) 996-4421 DRE #02060040 | Lyon Stahl Investment Real Estate, Inc. (310) 425-9838
$1,775,000
Monthly Est:$8,835
16 Beds
8 Baths
5,254sqft
2212 E 15th Street, Long Beach, CA 90804
$1,775,000
$8,835/moEst:
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Multi Family
Built in 1960
$-- HOA
6,518 sqft lot
$338/sq.ft
Description
2212 E 15th St | 8-Unit Multifamily Investment, Long Beach. This 1960-built asset totals 5,256 SF on an 8,409 SF lot in Eastside Long Beach, between the Cherry Avenue corridor and Zaferia. It sits a few blocks north of Anaheim Street's restaurants and coffee shops and just south of Pacific Coast Highway retail and bus lines. The property features (8) 2BR/1BA units averaging 657 SF across a front and back building, with eight on-site parking spaces at a 1:1 ratio. Six of eight units are occupied at an average rent of $1,962, four of them already at the $1,995 market rent, and Units 1 and 2 are delivered vacant. Offered at $1,775,000 ($221,875/unit | $337.71/SF) with a 7.13% cap rate on scheduled rents and a 9.39 GRM, the real story is yield a 7%+ cap at a sub-$225K basis, with two units the buyer can lease or renovate on their own terms from close.
- Houzeo last checked: 9 minutes ago
- Listing updated: October 27, 2026 at 10:43 am
- Source: California Regional MLS-CA | MLS#: 26104748
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1960
HOA Fees
-
Finished Area
5,254 sqft
Lot Size
6,518 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
26104748
MLS Status
Active
Days on Market
1
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 16
Bathrooms: 8
Interior
Cooling
None
Heating
None
Utilities & Energy
Parking Features
Driveway Down Slope From Street
Price History
| Date | Event | Price |
|---|---|---|
10/16/2026 Source: | Listed for Sale | $1,775,000 $338/sqft |
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Based on information from California Regional Multiple Listing Service, Inc. as of Oct 29, 2026, 04:00AM 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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