2212 E 15th Street, Long Beach, CA 90804

Long Beach
Local realty services provided by:Nelson Shelton Real Estate ERA Powered
2212 E 15th Street,Long Beach, CA 90804
$1,775,000
  • 16 Beds
  • 8 Baths
  • 5,254 sq. ft.
  • Multi-family
  • Active
Listed by: taylor avakian
Office: lyon stahl investment real estate, inc.310-425-9838
MLS#:26104748
Source:CRMLS

Price summary

  • Price:$1,775,000
  • Price per sq. ft.:$337.84

About this home

2212 E 15th St | 8-Unit Multifamily Investment, Long Beach. This 1960-built asset totals 5,256 SF on an 8,409 SF lot in Eastside Long Beach, between the Cherry Avenue corridor and Zaferia. It sits a few blocks north of Anaheim Street's restaurants and coffee shops and just south of Pacific Coast Highway retail and bus lines. The property features (8) 2BR/1BA units averaging 657 SF across a front and back building, with eight on-site parking spaces at a 1:1 ratio. Six of eight units are occupied at an average rent of $1,962, four of them already at the $1,995 market rent, and Units 1 and 2 are delivered vacant. Offered at $1,775,000 ($221,875/unit | $337.71/SF) with a 7.13% cap rate on scheduled rents and a 9.39 GRM, the real story is yield a 7%+ cap at a sub-$225K basis, with two units the buyer can lease or renovate on their own terms from close.

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Home facts

  • Year built:1960
  • Listing ID #:26104748
  • Added:1 day(s) ago
  • Updated:October 28, 2026 at 12:02 PM

Rooms and interior

  • Bedrooms:16
  • Total bathrooms:8
  • Living area:5,254 sq. ft.

Structure and exterior

  • Year built:1960
  • Building area:5,254 sq. ft.
  • Lot area:0.15 Acres

Finances and disclosures

  • Price:$1,775,000
  • Price per sq. ft.:$337.84

Parking

  • Total parking spaces:8
  • Parking description:Driveway Down Slope From Street
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