1755 Sherman, Long Beach, CA 90804

Long Beach
Local realty services provided by:ERA Donahoe Realty
1755 Sherman,Long Beach, CA 90804
$2,999,999
  • 5 Beds
  • 5 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: jeanet salazar
Office: j a t s enterprises, inc.
MLS#:DW26165133
Source:San Diego MLS via CRMLS

Price summary

  • Price:$2,999,999

About this home

$20k/month with One 2 bed 2 bath unit is vacant!! Actual Rents bring the building to 6% cap rate with the vacant unit. If vacant unit is rented at $2,500/month, cap rate jumps to 7%. Opportunity to own a well-maintained 12-unit income property located in the desirable city of Long Beach. This property features an excellent unit mix consisting of eight 2-bedroom, 1-bathroom units and four 1-bedroom, 1-bathroom units, offering strong rental appeal and long-term investment potential. The spacious unit layouts provide desirable living arrangements for tenants, with a mix that appeals to a wide range of renters. Conveniently located near shopping, dining, entertainment, public transportation, and major freeways, this property offers accessibility and convenience for residents. An excellent opportunity for investors seeking a multifamily asset in a highly sought-after Long Beach rental market.

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Home facts

  • Subdivision & Development:Eastside (ES)
  • Listing ID #:DW26165133
  • Added:15 day(s) ago
  • Updated:August 14, 2026 at 02:57 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:5

Finances and disclosures

  • Price:$2,999,999
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