1377 Warren Avenue Long Beach, CA $ 1,849,000
1377 Warren Avenue
$ 1,849,000
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1377 Warren Avenue

Long Beach, CA, 90813
$ 1,849,000
Bedrooms4 Baths11.0 Sq 4,944

Monthly Estimate*

$ 12,289

Listed by The Agency
1377 Warren Avenue, Long Beach, CA 90813 - Image 1
1377 Warren Avenue, Long Beach, CA 90813 - Image 2
1377 Warren Avenue, Long Beach, CA 90813 - Image 3
1377 Warren Avenue, Long Beach, CA 90813 - Image 4
1377 Warren Avenue, Long Beach, CA 90813 - Image 5
1377 Warren Avenue, Long Beach, CA 90813 - Image 6
1377 Warren Avenue, Long Beach, CA 90813 - Image 7
1377 Warren Avenue, Long Beach, CA 90813 - Image 8
1377 Warren Avenue, Long Beach, CA 90813 - Image 9
1377 Warren Avenue, Long Beach, CA 90813 - Image 10
1377 Warren Avenue, Long Beach, CA 90813 - Image 11

Multi-Family Home for sale in Long Beach, CA

for $1,849,000 with 4 bedrooms and 11 full baths. This 4,944 square foot home was built in 1922 on a lot size of 0.1309.

PRICED TO SELL. 9.9 GRM AND 5.8% CAP WITH UPSIDE TO A 6.6% CAP. 11 units in Long Beach subject to AB 1482 rent control - maximum annual increase of 5% + CPI. The property is professionally managed and well maintained. The property is MASTER METERED for all utilities and as such, there is an opportunity for a new owner to either implement a RUBS program or increase rents to cover these costs. EMAIL LA FOR MORE INFORMATION INCLUDING A CURRENT RENT ROLL AND EXPENSES.

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Multi-Family Active

Price

$ 1,849,000

Bedrooms

4

Full Bath

11

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1309

Year Built

1922

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

24389103

Days on Market

26

Features
General
Heating WallFurnace
Cooling None
Zoning LBR2N
Year Built 1922
Levels MultiSplit
Gross Income 186000.0
County Los Angeles
Net Operating Income 122000.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Special Listing Conditions Standard
Status Active
Directions 11 units in Long Beach subject to AB 1482 Rent Control.
City Long Beach
View Y/N N
Senior Community Y/N N
NumberOfUnitsTotal 11
MLS Area 9 - Poly High
Lot Size Units SquareFeet
Lot Size Square Feet 5700.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Warren
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 8
Standard Status Active
Cap Rate 5.8
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Exterior
Parking Features None
Total Parking 0.0
Lot Size Area 5700.0
Number of Buildings 2
Spa N
Building Area Total 4944.0
Lot Size Acres 0.1309
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 2
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Full Baths 0
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Street Suffix Avenue
Total Bedrooms 4
Electric On Property Y/N N
Total Baths 11
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Internal Only
Street Number 1 1377
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* Excluded Features
List By
The Agency

Broker

(310) 948-2631

Phone

Affordability Calculator

$12,289
Per Month
100%
0%
0%
Monthly Principal & Interest
$12,289
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/8/2024$1,849,000 Listed Price

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1377 Warren Avenue, Long Beach, CA, 90813 is a Multi-Family Home for sale at $1,849,000 with 4,944 sqft and a lot size of 0.1309. 1377 Warren Avenue has 4 bedrooms, 11.0 baths, and was built in 1922. The property's zip code is 90813 which is in Long Beach, CA