Listing provided courtesy of Jonathan Swire of The Agency. Last updated 2026-04-11 08:11:38.000000. Listing information © 2026 CRMLS.
Asking Price: $1,890,000
435 11th, Long Beach CA 90813
Community: 4 - Downtown Area, Alamitos Beach
Status: Active
This property was built in 1936 and is priced at $1,890,000. Please see the additional details below.
PRICE REDUCED AND READY TO SELL. Priced at 9.2 GRM and a 7.3% CAP with upside to 8.4 GRM and a 8.3% CAP. 9 units in Long Beach NOT subject to local rent control, only subject to AB 1482 rent control - maximum annual increase of 5% + CPI (currently 8.0%). 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 8.4 GRM and 8.3% CAP. Earn over a 11% cash-on-cash return against in place income. Qualified Buyers can put as little as 25% down. EMAIL LISTING AGENT FOR MORE INFO, INCLUDING A RENT ROLL AND OM.
