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435 W 11th Street, Long Beach, CA 90813

Local realty services provided by:CENTURY 21 Cornerstone
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 subject to AB 1482 rent control - maximum annual increase of 5% + CPI (currently 8.8%). 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:260 day(s) ago
  • Updated:January 07, 2026 at 06:26 PM

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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