435 W 11th Street, Long Beach, CA 90813

Local realty services provided by:ERA North Orange County Real Estate
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435 W 11th Street,Long Beach, CA 90813
$1,940,000
  • 14 Beds
  • 9 Baths
  • 6,395 sq. ft.
  • Multi-family
  • Active
Listed by:jonathan swire
Office:the agency
MLS#:25528237
Source:CRMLS

Price summary

  • Price:$1,940,000
  • Price per sq. ft.:$303.36

About this home

PRICE REDUCED AND READY TO SELL. Priced at UNDER 10 GRM and 6.6% CAP with upside to 8.5 GRM and a 8.2% CAP. 9 units in Long Beach subject to AB 1482 rent control - maximum annual increase of 5% + CPI (currently 8.8%). Located on the West Side blocks from Downtown Town where over $8BB of redevelopment is occurring. On a beautiful, quiet, tree-lined street. The property is professionally managed and well-maintained. All units have their own private parking included, and most have a private outdoor patio. All have W/D hookups. All units have their own water heater. Rents have not been raised in over a year. A new owner can raise rents to market and achieve a 8.5 GRM and 8.2% CAP. Earn over a 14% cash-on-cash return at market rents. Qualified Buyers can put as little as 25% down. EMAIL LISTING AGENT FOR MORE INFO, INCLUDING A RENT ROLL AND OM.

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Home facts

  • Year built:1936
  • Listing Id #:25528237
  • Added:107 day(s) ago
  • Updated:August 14, 2025 at 04:38 AM

Rooms and interior

  • Bedrooms:14
  • Total bathrooms:9
  • Living area:6,395 sq. ft.

Heating and cooling

  • Heating:Wall Furnace

Structure and exterior

  • Year built:1936
  • Building area:6,395 sq. ft.
  • Lot area:0.22 Acres

Finances and disclosures

  • Price:$1,940,000
  • Price per sq. ft.:$303.36
Based on information from California Regional Multiple Listing Service, Inc. as of August 14, 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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