1651 E South, Long Beach, CA 90805
Local realty services provided by:CENTURY 21 Synergia Realty
1651 E South,Long Beach, CA 90805
$1,287,500
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Sold
Listed by: dara chay
Office: sky view real estate562-761-2777
MLS#:PW26128325
Source:CRMLS
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Price summary
- Price:$1,287,500
About this home
Exceptional Value-Add Investment Opportunity! This well-maintained 9-unit apartment property offers stable cash flow, strong rental demand, and significant upside potential in a highly desirable rental market. The property consists of a charming standalone 2-bedroom, 1-bath home at the front and a separate two-story building featuring eight studio units, with four units on each level. Six of the nine units have already been tastefully renovated, allowing a new owner to continue the renovation program and capture additional rental upside.
With below-market rents, consistently low vacancy, and all units fully occupied, this asset presents an outstanding opportunity to increase income while benefiting from immediate cash flow. Ideally situated directly across from Harte Elementary School and just minutes from Lakewood Center, Long Beach Exchange, major retailers, restaurants, parks, and convenient freeway access, the property is located in a prime rental location that continues to attract long-term tenants.
Whether you're looking to expand your portfolio with a turnkey investment offering immediate returns or seeking a value-add asset with long-term appreciation and income growth potential, this property checks all the boxes....
Contact an agent
Home facts
- Year built:1954
- Subdivision & Development:North Long Beach (NLB)
- Listing ID #:PW26128325
- Added:144 day(s) ago
- Updated:November 03, 2026 at 07:22 AM
Rooms and interior
- Flooring:Vinyl
- Kitchen Description:Gas Range
Heating and cooling
- Heating:Wall Furnance
Structure and exterior
- Roof:Composition, Shingle
- Year built:1954
- Lot Features:Near Park, Paved, Rectangular Lot, Street Level
- Construction Materials:Stucco
- Levels:2 Story
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$1,287,500
Parking
- Total parking spaces:4
- Parking description:Paved
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