435 W 11th Street, Long Beach, CA 90813 - Berkshire Hathaway HomeServices California Properties
Phone949-212-2023
Email MeEmail Me
Menu

435 W 11th Street, Long Beach, CA 90813

$1,975,000 Approx. USD 14 beds, 9 baths
6,395 sqft

Save My Notes
Share

Listing Agent


Jonathan Swire | jon@jonswire.com
Lic#: 01336277
Broker: Courtesy of The Agency

Agent Remarks

PRICE REDUCED AND READY TO SELL. Priced at UNDER 10 GRM and 6.6% CAP with upside to 9.3 GRM and a 7.3% CAP. 9 units in Long Beach subject to AB 1482 rent control - maximum annual increase of 5% + CPI (currently 8.8%). 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 9.4 GRM and 7.2% CAP. Earn over a 9.5% cash-on-cash return at market rents. Qualified Buyers can put as little as 30% down. EMAIL LISTING AGENT FOR MORE INFO, INCLUDING A RENT ROLL AND OM.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 25528237
List price is $1,975,000 Reduced by $20,000 on 6/17/2025
Price: $1,975,000
Beds: 14
Baths: 9
Built in 1936
6,395 sqft
2 stories
0.22 acres
Lot size: 0.2223
County: Los Angeles
Zoning: LBPD10
Parking description: Assigned
Heating/cooling: None
Heating description: Wall Furnace
MLS area: 4 - Downtown Area, Alamitos Beach

Last Updated: 6/17/2025

 Days On Market (DOM): 97

 Find more Long Beach homes and real estate

 Find more homes in 90813 zip code

This listing belongs to the 4 - Downtown Area, Alamitos Beach MLS area

Lat/Long: 33.780533, -118.197204.
Find nearby listings

DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

90813 Area Map

Demographics

Schools

Near by

Similar Listings

Photo of Jimmy Harmantzis

Jimmy Harmantzis REALTOR® - Broker Associate 949-212-2023 m
949-212-2023 o
Lic#: 01234982
NRDS ID: 641526390
JimmyHarmantzis@bhhscal.com
Mission Viejo Office
23120 Alicia Parkway, Suite 100
Mission Viejo, CA 92692