2922 E 15th Street, Long Beach, CA 90804
Local realty services provided by:Better Homes and Gardens Real Estate Napolitano & Associates
2922 E 15th Street,Long Beach, CA 90804
$1,200,000
- 7 Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: kendra miller
Office: keller williams coastal prop.
MLS#:PW26171369
Source:San Diego MLS via CRMLS
Price summary
- Price:$1,200,000
About this home
Traffic circle adjacent, 6-unit apartment building in which $156,500 has been spent on capital improvements over the last year. These improvements include a new roof (May 2026), sewer work and installation of a sewer clean out, renovated laundry room including the purchase of 3 washing machines and 3 dryers, exterior dawn to dusk lighting, addition of coded locks on the gates, and a fully renovated 2-bedroom unit. The renovation of this unit includes the following new items: mini split providing heat and air conditioning, kitchen cabinets, counters and appliances, luxury vinyl flooring, windows and blinds, lighting fixtures, and beautifully remodeled bathroom. The desirable unit mix includes 5 - 2 bedroom/1 bathroom units and 1-1 bedroom/1 bathroom unit. There are 5 tandem parking spots behind the building providing parking for up to 10 cars depending on vehicle size. The cap rate is approximately 6% and the GRM is approximately 10 - these numbers were calculated using the actual rents for the 4 occupied units and pro forma rents for the two vacant units....
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Home facts
- Subdivision & Development:Circle (CA)
- Listing ID #:PW26171369
- Added:6 day(s) ago
- Updated:August 13, 2026 at 02:33 PM
Rooms and interior
- Bedrooms:7
- Total bathrooms:4
Structure and exterior
- Construction Materials:Stucco
- Levels:2 Story
Finances and disclosures
- Price:$1,200,000
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