3301 E Artesia, Long Beach, CA 90805
Local realty services provided by:CENTURY 21 Masters
3301 E Artesia,Long Beach, CA 90805
$2,250,000
- - Beds
- - Baths
- 7,034 sq. ft.
- Multi-family
- Pending
Listed by: woody stahl, brett lyon
Office: lyon stahl investment real est
MLS#:PW26024176
Source:CRMLS
Price summary
- Price:$2,250,000
- Price per sq. ft.:$319.87
About this home
3301 E Artesia Blvd offers a compelling opportunity to acquire a 9-unit multifamily asset in the heart of North Long Beach, a submarket experiencing steady tenant demand and ongoing revitalization.
The property is comprised of two buildings: a standalone 3-bedroom/2-bath front house and a rear 8-unit structure with a mix of five 2-bedroom/1-bath units and three 1-bedroom/1-bath units. It includes 20 total parking spaces, a nice feature in this dense rental pocket.
Built in 1952, the asset delivers immediate cash flow with a strong in-place 6.48% CAP and 10.23 GRM. Market projections indicate further upside, with a 8.04% market CAP and 8.76 GRM achievable through modest rent increases. Priced at just $250K, per unit, the offering presents an attractive cost basis with room for growth.
Centrally located with quick access to the 91 and 710 freeways, 3301 E Artesia Blvd is well-positioned to benefit from Long Beach’s continued growth in population, infrastructure, and housing demand.
For investors seeking day-one income with long-term upside potential, this is a valuable opportunity in a high-demand rental corridor....
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Home facts
- Year built:1952
- Listing ID #:PW26024176
- Added:45 day(s) ago
- Updated:March 20, 2026 at 07:32 AM
Rooms and interior
- Living area:7,034 sq. ft.
Structure and exterior
- Year built:1952
- Building area:7,034 sq. ft.
- Lot area:0.35 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$2,250,000
- Price per sq. ft.:$319.87
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