426 E 17Th Street, Long Beach, CA 90813 - Berkshire Hathaway HomeServices California Properties
426 E 17th Street Long Beach, CA 90813
$1,800,000 0 beds, 0 baths
0 sqft

Agent Remarks

426 E. 17th Street is a well-maintained bungalow-style apartment property located in the heart of Long Beach with (9) units plus (1) non-conforming unit. Priced at a 6.44%cap rate and 9.91 GRM based on current rents, the asset offers strong in-place income with additional upside. The property consists of (4) 1-bed/1-bath units (includes one non-conforming unit), (4) studio units, and two newly constructed accessory dwelling units: (1) 1-bed/1-bath ADU and (1) studio ADU, both completed in 2024/2025. Five of the 10 units have been fully renovated with modern flooring, updated kitchens and bathrooms, and designer fixtures and finishes. Additional property highlights include new electrical panels and a classic bungalow layout that appeals to tenants seeking charm and privacy. Ideally located, the property boasts a Walk Score of 84—“Very Walkable”—with most daily errands easily accomplished on foot. Additionally, the property is just a four-minute walk to the Metro A Line (Blue) at the Pacific Coast Hwy Station, offering convenient transit access throughout Long Beach and the greater Los Angeles area.

Listing Details

Property type: Apartment (Multi-Family)
Status: Active
MLS# PW25135860
List price is $1,800,000
Beds: 0
Baths: 0
Built in 1923
0.17 acres
Lot size: 0.1705
Subdivision: Poly High (PH)
County: Los Angeles
Zoning: LBPD29
Parking description: None
Lot description: SixToTenUnitsAcre
MLS area: 9 - Poly High

Last Updated: 6/26/2025

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This listing belongs to the 9 - Poly High MLS area

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Lat/Long: 33.787784, -118.187295.
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Listing Agent: Robert Stepp
Lic#: 01234982
Office Name: Mission Viejo

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