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3301 E Artesia, Long Beach, CA 90805

Long Beach
Local realty services provided by:CENTURY 21 Cornerstone
3301 E Artesia,Long Beach, CA 90805
$2,250,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: woody stahl, brett lyon
Office: lyon stahl investment real est310-425-9838
MLS#:PW26024176
Source:CRMLS

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Price summary

  • Price:$2,250,000

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...

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Home facts

  • Year built:1952
  • Listing ID #:PW26024176
  • Added:89 day(s) ago
  • Updated:May 03, 2026 at 06:57 AM

Structure and exterior

  • Year built:1952

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,250,000
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