3301 E Artesia Boulevard, Long Beach, CA 90805
Local realty services provided by:ERA Excel Realty



3301 E Artesia Boulevard,Long Beach, CA 90805
$2,300,000
- - Beds
- - Baths
- 7,034 sq. ft.
- Multi-family
- Active
Listed by:woody stahl
Office:lyon stahl investment real est
MLS#:PW25163975
Source:CRMLS
Price summary
- Price:$2,300,000
- Price per sq. ft.:$326.98
About this home
3301 E Artesia Blvd offers a compelling opportunity to acquire a 9-unit multifamily asset in the heart of North Long Beach, a submarket experiencing steady tenant demand and ongoing revitalization.
The property is comprised of two buildings: a standalone 3-bedroom/2-bath front house and a rear 8-unit structure with a mix of five 2-bedroom/1-bath units and three 1-bedroom/1-bath units. It includes 20 total parking spaces, a nice feature in this dense rental pocket.
Built in 1952, the asset delivers immediate cash flow with a strong in-place 5.95% CAP and 10.79 GRM. Market projections indicate further upside, with a 7.75% market CAP and 8.96 GRM achievable through modest rent increases. Priced at just $255,000 per unit, the offering presents an attractive cost basis with room for growth.
Centrally located with quick access to the 91 and 710 freeways, 3301 E Artesia Blvd is well-positioned to benefit from Long Beach’s continued growth in population, infrastructure, and housing demand.
For investors seeking day-one income with long-term upside potential, this is a valuable opportunity in a high-demand rental corridor.
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Home facts
- Year built:1952
- Listing Id #:PW25163975
- Added:26 day(s) ago
- Updated:August 18, 2025 at 02:21 PM
Rooms and interior
- Living area:7,034 sq. ft.
Structure and exterior
- Year built:1952
- Building area:7,034 sq. ft.
- Lot area:0.35 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$2,300,000
- Price per sq. ft.:$326.98
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