1377 Warren Avenue, Long Beach, CA 90813
Local realty services provided by:CENTURY 21 Classic Estates
1377 Warren Avenue,Long Beach, CA 90813
$1,629,000
- 4 Beds
- 11 Baths
- 4,944 sq. ft.
- Multi-family
- Active
Listed by: jonathan swire
Office: the agency
MLS#:26640863
Source:CRMLS
Price summary
- Price:$1,629,000
- Price per sq. ft.:$329.49
About this home
PRICED TO SELL. 8.7 GRM AND 7.0% CAP WITH UPSIDE TO A 8.1 GRM AND 7.9% CAP. 11 units in Long Beach NOT subject to local rent control, only subject to AB 1482 rent control - maximum annual increase of 5% + CPI (you can increase 8.0% this year). The property is professionally managed and well-maintained. The property is MASTER METERED for all utilities and as such, there is an opportunity for a new owner to either implement a RUBS program or increase rents to cover these costs. Electrical updated in the past 3 years. Qualified Buyers can put as little as 25% down and earn over a 12% cash on cash return against in-place rents. EMAIL LA FOR MORE INFORMATION INCLUDING A CURRENT RENT ROLL AND EXPENSES.
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Home facts
- Year built:1922
- Listing ID #:26640863
- Added:42 day(s) ago
- Updated:March 06, 2026 at 11:42 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:11
- Living area:4,944 sq. ft.
Heating and cooling
- Heating:Wall Furnance
Structure and exterior
- Year built:1922
- Building area:4,944 sq. ft.
- Lot area:0.13 Acres
Finances and disclosures
- Price:$1,629,000
- Price per sq. ft.:$329.49
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