1377 Warren Avenue, Long Beach, CA 90813

Long Beach
Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley
1377 Warren Avenue,Long Beach, CA 90813
$1,615,000
  • 4 Beds
  • 11 Baths
  • 4,944 sq. ft.
  • Multi-family
  • Active
Listed by: jonathan swire
Office: the agency424-230-3700
MLS#:26640863
Source:CRMLS

Price summary

  • Price:$1,615,000
  • Price per sq. ft.:$326.66

About this home

CHEAPEST PRICED LISTING IN ALL OF LONG BEACH. PRICED TO SELL. 8.4 GRM AND 7.2% CAP WITH UPSIDE TO A 8.0 GRM AND 7.7% CAP. 11 units in Long Beach NOT subject to local rent control, only subject to AB 1482 rent control - maximum annual increase of 5% + CPI (you can increase 8.7% this year). The property is professionally managed and well-maintained. The property is MASTER METERED for all utilities and as such, there is an opportunity for a new owner to either implement a RUBS program or increase rents to cover these costs. Electrical updated in the past 3 years. Qualified Buyers can put as little as 25% down and earn over a 12% cash on cash return against in-place rents. Excellent lender financing available at 5.4% fixed for 5 years - for qualified Buyers. Anduril Industries, a cutting-edge defense technology company specializing in AI applications announced that it is commencing a $1 billion redevelopment of land adjacent to the LB Airport. The project is planned to be completed in...

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Home facts

  • Year built:1922
  • Listing ID #:26640863
  • Added:183 day(s) ago
  • Updated:July 24, 2026 at 10:53 AM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:11
  • Living area:4,944 sq. ft.

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

  • Year built:1922
  • Building area:4,944 sq. ft.
  • Lot area:0.13 Acres

Finances and disclosures

  • Price:$1,615,000
  • Price per sq. ft.:$326.66
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