30 W 49th Street, Long Beach, CA 90805
Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
30 W 49th Street,Long Beach, CA 90805
$3,450,000
- - Beds
- - Baths
- 8,692 sq. ft.
- Multi-family
- Active
Listed by:robert stepp
Office:keller williams realty downey
MLS#:PW25184626
Source:CRMLS
Price summary
- Price:$3,450,000
- Price per sq. ft.:$396.92
About this home
30 W. 49th Street is a 12-unit stabilized investment opportunity in North Bixby Knolls, offered at a 5.97% cap rate on current rents.
The controlled-access building features mostly two-bedroom units (11 of the 12) and a convenient one-to-one parking ratio. Additional income is generated from on-site laundry facilities. Recent capital improvements include a new roof and new windows throughout, and SB 721 (Balcony Inspection) has been completed.
Situated near the vibrant Bixby Knolls district, residents enjoy walkable access to dining, shopping, and entertainment, along with excellent connectivity to major transportation routes.
Combining strong in-place financial performance, a prime location, and well-maintained condition, this asset offers investors immediate cash flow and long-term appreciation potential in a desirable Long Beach submarket.
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Home facts
- Year built:1963
- Listing ID #:PW25184626
- Added:41 day(s) ago
- Updated:September 21, 2025 at 01:19 PM
Rooms and interior
- Living area:8,692 sq. ft.
Structure and exterior
- Year built:1963
- Building area:8,692 sq. ft.
- Lot area:0.23 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$3,450,000
- Price per sq. ft.:$396.92
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