435 W 11th Street, Long Beach, CA 90813

Long Beach
Local realty services provided by:Better Homes and Gardens Real Estate Wine Country Group
435 W 11th Street,Long Beach, CA 90813
$1,890,000
  • 14 Beds
  • 9 Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: jonathan swire
Office: the agency424-230-3700
MLS#:25528237
Source:CRMLS

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Price summary

  • Price:$1,890,000

About this home

PRICE REDUCED AND READY TO SELL. Priced at 9.2 GRM and a 7.3% CAP with upside to 8.4 GRM and a 8.3% CAP. 9 units in Long Beach NOT subject to local rent control, only subject to AB 1482 rent control - maximum annual increase of 5% + CPI (currently 8.0%). Located on the West Side blocks from Downtown Town where over $8BB of redevelopment is occurring. On a beautiful, quiet, tree-lined street. The property is professionally managed and well-maintained. All units have their own private parking included, and most have a private outdoor patio. All have W/D hookups. All units have their own water heater. A new owner can raise rents to market and achieve a 8.4 GRM and 8.3% CAP. Earn over a 11% cash-on-cash return against in place income. Qualified Buyers can put as little as 25% down. EMAIL LISTING AGENT FOR MORE INFO, INCLUDING A RENT ROLL AND OM.

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Home facts

  • Year built:1936
  • Listing ID #:25528237
  • Added:391 day(s) ago
  • Updated:May 27, 2026 at 06:43 AM

Rooms and interior

  • Bedrooms:14
  • Total bathrooms:9

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

  • Year built:1936
  • Levels:2 Story

Finances and disclosures

  • Price:$1,890,000

Parking

  • Parking description:Assigned
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