16 38th Place, Long Beach, CA 90803

Local realty services provided by:Better Homes and Gardens Real Estate Clarity
16 38th Place,Long Beach, CA 90803
$3,900,000
  • 10 Beds
  • 8 Baths
  • 4,275 sq. ft.
  • Multi-family
  • Active
Listed by: taylor avakian, aaron jacobson
Office: lyon stahl investment real estate, inc.
MLS#:26643731
Source:CRMLS

Price summary

  • Price:$3,900,000
  • Price per sq. ft.:$912.28

About this home

The Group CRE and Jacobson Investments of Lyon Stahl presents 16 38th Pl, a seven-unit multifamily investment located in a desirable coastal Long Beach rental pocket. Built in 1962, the property offers a rare opportunity to acquire an all-vacant asset, allowing a buyer to immediately execute lease-up, set market rents, and establish predictable cash flow without waiting for tenant turnover. The offering benefits from a durable 1BD / 2BD unit mix, an above-average parking ratio with 10 on-site spaces, and additional ancillary income potential. This is a clean stabilization-driven opportunity with clear NOI growth and long-term hold appeal. Contact the listing team for the Offering Memorandum, financials, and tour details.

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Home facts

  • Year built:1962
  • Listing ID #:26643731
  • Added:1 day(s) ago
  • Updated:February 04, 2026 at 05:38 AM

Rooms and interior

  • Bedrooms:10
  • Total bathrooms:8
  • Living area:4,275 sq. ft.

Structure and exterior

  • Year built:1962
  • Building area:4,275 sq. ft.
  • Lot area:0.12 Acres

Finances and disclosures

  • Price:$3,900,000
  • Price per sq. ft.:$912.28
Based on information from California Regional Multiple Listing Service, Inc. as of February 4, 2026 . 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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