1921 E Washington Street, Long Beach, CA 90805

Local realty services provided by:ERA Excel Realty
1921 E Washington Street,Long Beach, CA 90805
$1,150,000
  • - Beds
  • - Baths
  • 3,184 sq. ft.
  • Multi-family
  • Active
Listed by: perry karn
Office: southland property group
MLS#:PW25003991
Source:CRMLS

Price summary

  • Price:$1,150,000
  • Price per sq. ft.:$361.18

About this home

** MAJOR PRICE REDUCTION** Perfect for investors with a current cap rate of 6.77% and GRM of 13.31 and a market cap rate of 8.47% and GRM of 10.86. Located on a quiet side street off one of the major thoroughfares in North Long Beach providing a great location and ease of commute for tenants. The property is close to local bus stops, multiple parks, and shopping centers, as well as The Michelle Obama Library. The property sits within 2 miles of both the 91 and 710 freeways. The property is also only a short drive to both downtown Long Beach and the Beach. This fourplex consists of a front building made up of three 1 Bed 1 Bath units each with a garage, and a rear building which is a detached 4 Bed 2 Bath house The rear house sits at ~1728 sqft. While the front building units average ~485 sqft. The tenants pay their own utilities, keeping the utilities low. This building is currently fully occupied and has had less than 3% vacancy over the last 3 years. Two of the units

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Home facts

  • Year built:1949
  • Listing ID #:PW25003991
  • Added:312 day(s) ago
  • Updated:November 20, 2025 at 02:18 PM

Rooms and interior

  • Living area:3,184 sq. ft.

Structure and exterior

  • Year built:1949
  • Building area:3,184 sq. ft.
  • Lot area:0.13 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,150,000
  • Price per sq. ft.:$361.18
Based on information from California Regional Multiple Listing Service, Inc. as of November 20, 2025 . 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. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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