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14 Beds
9 Baths
6,395 sqft

$1,890,000

435 W 11th Street, Long Beach CA, 90813

Price per sqft$295.54
Built in1936
Property size6,395 sqft
Property typeResidential
test courtesy

Overview

Active

Listed Apr 21, 2025

Updated Apr 10

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.

$12,574/mo

Est. mortgage payment based on a $1,890,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
25528237

Interior Features

Bedrooms
14
Bathrooms
9

Exterior Features

Lot Size
0.22 Acres

Other Property Details

55+/Senior Community
No
MLS provider logo

Broker Reciprocity Courtesy of The Agency, Jonathan Swire

Website E2E - Playwright - Full Name

- Phone Number

[email protected] - Email

Jim Halpert - Brokerage Name

76321 - MLS License Number

 

Data last updated 6:16 AM UTC, 4/10/2026

 

Based on information from California Regional Multiple Listing Service, Inc. as of 4/10/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.  Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

 

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