92 E Louise, Long Beach, CA 90805
Local realty services provided by:ERA North Orange County Real Estate
92 E Louise,Long Beach, CA 90805
$1,100,000
- 8 Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: robert stepp
Office: keller williams realty downey
MLS#:PW26180123
Source:San Diego MLS via CRMLS
Price summary
- Price:$1,100,000
About this home
92 E. Louise Street presents the opportunity to acquire a well- maintained four-unit multifamily property offering strong in-place cash flow, meaningful rental upside, and additional long-term value creation potential in North Long Beach. Built in 1953, the property consists entirely of two-bedroom/one- bath units, each approximately 740 square feet, providing a highly desirable and consistent unit mix with broad renter appeal. Current rents average approximately $2,138 per month, compared with nearby rent comparables averaging approximately $2,538 per month, demonstrating substantial embedded rental upside. The property has also benefited from several significant capital improvements, including new windows throughout the building, recent re-piping, exterior painting within the past three years, and a new electronic security gate. These improvements reduce near- term capital expenditure exposure while enhancing the property's overall functionality and tenant appeal. The property's four detached garages and additional surface spaces present the opportunity to add immediate income through parking fees or convert garages to ADUs for future additional rental income (buyer to verify).The offering compares favorably with recent four-unit sales in the surrounding market. At $275, 000 per unit, 92 E. Louise is priced below the comparable-set average of approximately $306,750 per unit, while offering a substantially stronger going-in yield than the comparable average cap rate of approximately 5.32% For investors seeking strong current yield with identifiable upside, 92 E. Louise Str...
Contact an agent
Home facts
- Subdivision & Development:North Long Beach (NLB)
- Listing ID #:PW26180123
- Added:47 day(s) ago
- Updated:October 04, 2026 at 02:17 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:4
Finances and disclosures
- Price:$1,100,000
New listings near 92 E Louise
- Coming Soon
$410,000Coming Soon2 beds 2 baths1,080 sq. ft.6249 E Emerald Cove #150, Long Beach, CA 90803
MLS# PW26214764Listed by: BEACH CITIES PROPERTIES, INC. - Coming Soon
$799,000Coming Soon5 beds 2 baths1,700 sq. ft.2069 Lewis, Long Beach, CA 90806
MLS# OC26211797Listed by: KASE REAL ESTATE - Coming SoonOpen Fri, 11am to 1pm
$875,000Coming Soon3 beds 1 baths1,529 sq. ft.6285 E Metz, Long Beach, CA 90808
MLS# OC26212360Listed by: FIRST TEAM REAL ESTATE - Coming Soon
$895,000Coming Soon2 beds 1 baths1,008 sq. ft.5849 E Huntdale Street, Long Beach, CA 90808
MLS# PW26208645Listed by: REALTY ONE GROUP UNITED - Coming Soon
$575,000Coming Soon3 beds 2 baths1,668 sq. ft.3595 Santa Fe #181, Long Beach, CA 90810
MLS# PW26214575Listed by: PACIFIC ESTATES - Coming Soon
$495,000Coming Soon1 beds 1 baths680 sq. ft.388 E Ocean Boulevard #511, Long Beach, CA 90802
MLS# PW26206559Listed by: WAVE REALTY - Coming Soon
$849,000Coming Soon3 beds 1 baths1,325 sq. ft.2359 Golden, Long Beach, CA 90806
MLS# RS26211595Listed by: CENTURY 21 ON TARGET - Coming Soon
$615,000Coming Soon2 beds 2 baths1,100 sq. ft.100 Hermosa, Long Beach, CA 90802
MLS# PW26211849Listed by: KELLER WILLIAMS PACIFIC ESTATE - Coming Soon
$799,999Coming Soon-- beds -- baths1,923 sq. ft.5947 John Avenue, Long Beach, CA 90805
MLS# DW26212357Listed by: CENTURY 21 ALLSTARS - Coming SoonOpen Fri, 5:30 to 7pm
$1,375,000Coming Soon4 beds 3 baths2,100 sq. ft.4741 Faculty, Long Beach, CA 90808
MLS# PW26202524Listed by: LPT REALTY, INC