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435 W 11th Street Long Beach, CA 90813
$2,049,000 14 beds, 9 baths
6, 395 sqft
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Agent Remarks

Priced to sell at 10.3 GRM and 6.3% CAP with upside to 9.6 GRM and a 7.0% CAP. 9 units in Long Beach subject to AB 1482 rent control - maximum annual increase of 5% + CPI (currently 8.8%). Located on the West Side blocks from Downtown Town where over $8BB of redevelopment is occurring. On a beautiful, quiet, tree-lined street. The property is professionally managed and well-maintained. All units have their own private parking included, and most have a private outdoor patio. All have W/D hookups. All units have their own water heater. A new owner can raise rents to market and achieve a 9.6 GRM and 7.0% CAP. Earn over a 9% cash-on-cash return at market rents. EMAIL LISTING AGENT FOR MORE INFO, INCLUDING A RENT ROLL AND OM.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 25528237
List price is $2,049,000
Beds: 14
Baths: 9
Built in 1936
6,395 sqft
2 stories
0.22 acres
Lot size: 0.2223
County: Los Angeles
Zoning: LBPD10
Parking description: Assigned
Heating/cooling: None
Heating description: Wall Furnace
MLS area: 4 - Downtown Area, Alamitos Beach

Last Updated: 4/29/2025

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This listing belongs to the 4 - Downtown Area, Alamitos Beach MLS area

Lat/Long: 33.780533, -118.197204.
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Listing Agent: Jonathan Swire
Lic#: 01276603
Office Name: Tustin

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Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

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Population by Gender

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Lic#: 01276603

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Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
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© 2025 Berkshire Hathaway HomeServices California Properties (BHHSCP) is a member of the franchise system of BHH Affiliates LLC. BHHS and the BHHS symbol are registered service marks of Columbia Insurance Company, a Berkshire Hathaway affiliate. BHH Affiliates LLC and BHHSCP do not guarantee accuracy of all data including measurements, conditions, and features of property. Information is obtained from various sources and will not be verified by broker or MLS. Buyer is advised to independently verify the accuracy of that information.
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