1075 E South, Long Beach, CA 90805

Long Beach
Local realty services provided by:ERA North Orange County Real Estate
1075 E South,Long Beach, CA 90805
$4,500,000
  • 4 Beds
  • 3 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: jackson jorgensen, shane young
Office: younglewin advisors, inc.
MLS#:PW26036911
Source:San Diego MLS via CRMLS

Price summary

  • Price:$4,500,000

About this home

We are pleased to present 1075 E. South Street, a 1987 constructed 18 unit building to market in the city of Long Beach. The property features an all two bedroom unit mix with units averaging approximately 868 square feet each with balconies in select units. Current operations deliver a strong 6.37% cap rate and a 10.01 GRM based on existing rents, while still offering approximately 20% upside in gross rental income to market. The property has fully gated and secured parking for 25 spaces in addition to three secure storage spaces in the garage area. Attractive market financing options exist that could potentially boost a cash on cash return of 7% with a 30% down payment (buyer to verify). Situated on a quiet residential street in a solid North Long Beach location, the property combines stable current income, future rent growth potential, and a desirable neighborhood setting.

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Home facts

  • Listing ID #:PW26036911
  • Added:46 day(s) ago
  • Updated:April 06, 2026 at 02:07 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:3

Finances and disclosures

  • Price:$4,500,000
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