- CENTURY 21 Real Estate
- California
- Long Beach
- 435 W 11th Street
435 W 11th Street, Long Beach, CA 90813
Local realty services provided by:CENTURY 21 Adams & Barnes
435 W 11th Street,Long Beach, CA 90813
$1,900,000
- 14 Beds
- 9 Baths
- 6,395 sq. ft.
- Multi-family
- Active
Listed by: jonathan swire
Office: the agency
MLS#:25528237
Source:CRMLS
Price summary
- Price:$1,900,000
- Price per sq. ft.:$297.11
About this home
PRICE REDUCED AND READY TO SELL. Priced at 9.5 GRM and a 7.0% CAP with upside to 8.3 GRM and a 8.4% 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. Rents have not been raised in over a year. A new owner can raise rents to market and achieve a 8.3 GRM and 8.4% CAP. Earn over a 15% cash-on-cash return at market rents. Qualified Buyers can put as little as 25% down. EMAIL LISTING AGENT FOR MORE INFO, INCLUDING A RENT ROLL AND OM.
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Home facts
- Year built:1936
- Listing ID #:25528237
- Added:275 day(s) ago
- Updated:January 25, 2026 at 11:50 AM
Rooms and interior
- Bedrooms:14
- Total bathrooms:9
- Living area:6,395 sq. ft.
Heating and cooling
- Heating:Wall Furnance
Structure and exterior
- Year built:1936
- Building area:6,395 sq. ft.
- Lot area:0.22 Acres
Finances and disclosures
- Price:$1,900,000
- Price per sq. ft.:$297.11
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