Properties

Long Beach, CA 90813 435 W 11th Street

435 W 11th Street Long Beach, CA - Image 1435 W 11th Street Long Beach, CA - Image 2435 W 11th Street Long Beach, CA - Image 3
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435 W 11th Street Long Beach, CA - Image 4435 W 11th Street Long Beach, CA - Image 5435 W 11th Street Long Beach, CA - Image 6435 W 11th Street Long Beach, CA - Image 7435 W 11th Street Long Beach, CA - Image 8435 W 11th Street Long Beach, CA - Image 9435 W 11th Street Long Beach, CA - Image 10
Presented By: Jonathan Swire with The Agency;
  • MLS# 25528237
  • 04/21/2025
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  • Beds • 14
  • Baths • 4
  • SQFT • 6,395

Home Details

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.
Presented By: Jonathan Swire with The Agency;

Interior Features for 435 W 11th Street

Bedrooms

Total Bedrooms14

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths9

Other Interior Features

Air Conditioning Y/NNo
Heating Y/NYes
Total Stories

General for 435 W 11th Street

Cap Rate7.3
CityLong Beach
CoolingNone
CountyLos Angeles
Directions9 units in Long Beach subject to AB1482 rent control.
Full Baths
Gross Income205000
HOANo
HeatingWall Furnace
LevelsTwo
Living Area6395
Lot Size Square Feet9685
Lot Size UnitsSquare Feet
MLS Area4 - Downtown Area, Alamitos Beach
Net Operating Income129000
New ConstructionNo
Number Of Units Total9
PostalCityLONG BEACH
Property TypeResidential Income
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count2
Year Built1936
ZoningLBPD10

Exterior for 435 W 11th Street

Building Area Total6395
Lot Size Acres0.2223
Lot Size Area9685
Number of Buildings5
Parking FeaturesAssigned
Total Parking0

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $1,890,000
MLS#25528237
List Date 04/21/2025
Property Type Multi-Family
Phone 888.795.6274
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