817 E New York, Long Beach, CA 90813

Local realty services provided by:ERA Donahoe Realty
817 E New York,Long Beach, CA 90813
$1,250,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by:brett lyon
Office:lyon stahl investment real estate, inc.
MLS#:SB25234247
Source:San Diego MLS via CRMLS

Price summary

  • Price:$1,250,000

About this home

817 E New York St presents a rare opportunity to acquire a 4-unit multifamily property in prime North Long Beach. Built in 1922, the asset consists of three separate buildings totaling 3,076 rentable square feet on a 6,802 square foot lot. The unit mix includes (1) 1-bed/1-bath and (3) 2-bed/1-bath units, offering strong rental appeal. Two of the 2-bed/1-bath units have been newly renovatedproviding an excellent owner-user opportunity or the ability to immediately capture market rents. At just $312,000 per unit, the property offers a low cost of entry and compelling fundamentals with a 4.97% CAP rate and 12.90 GRM on in-place income. Off-street parking is available for tenants, a valuable feature in this dense rental corridor. Centrally located with convenient access to the 91 and 710 freeways, 817 E New York St benefits from North Long Beachs steady population growth, ongoing infrastructure investment, and strong housing demand. For investors seeking day-one cash flow with clear

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Home facts

  • Listing ID #:SB25234247
  • Added:1 day(s) ago
  • Updated:October 08, 2025 at 07:24 PM

Finances and disclosures

  • Price:$1,250,000
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