1755 Sherman, Long Beach, CA 90804

Long Beach
Local realty services provided by:ERA North Orange County Real Estate
1755 Sherman,Long Beach, CA 90804
$2,675,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: jeanet salazar
Office: j a t s enterprises, inc.323-356-3638
MLS#:DW26165133
Source:CRMLS

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Price summary

  • Price:$2,675,000

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

  • Year built:1987
  • Subdivision & Development:Eastside (ES)
  • Listing ID #:DW26165133
  • Added:66 day(s) ago
  • Updated:October 04, 2026 at 07:07 AM

Structure and exterior

  • Year built:1987
  • Lot Features:Level with Street, Paved, Rectangular Lot

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,675,000

Features and amenities

  • Laundry features:Outside

Parking

  • Total parking spaces:16
  • Garage:Yes
  • Garage spaces:16
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