405 E Esther St, Long Beach, CA 90813
405 E Esther St, Long Beach, CA 90813
405 E Esther St, Long Beach, CA 90813
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$1,925,000
Est. payment /mo
4,252 SqFt
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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,252 sqft

Price per Sqft $452

MLS Listing ID 25630311

Year Built 1923

Lot Size 6,752 Sqft

Acres 0.155

Property Sub-Type Multi-Family

Property Description

405 E. Esther Street is a well-maintained, cash-flowing seven-unit multifamily asset located in a desirable Long Beach neighborhood with strong rental demand. The property features a highly attractive unit mix comprised of one (1) spacious 6BD/2BA unit, three (3) 3BD/1BA units, two (2) 2BD/1BA units, and one (1) 1BD/1BA unit. The property also has a driveway with three parking spaces. Fully occupied with long-term, reliable residents, the investment offers immediate, durable income for new ownership while still providing the opportunity to capture significant rental upside through natural turnover and strategic renovations. The property presents an ideal blend of in-place stability and value-add potential in one of Southern California's most consistent and resilient rental markets.

Location

State CA

County Los Angeles

Area Poly High

Zoning LBPD29

Rooms

Other Rooms None

Interior

Heating Wall

Cooling None

Equipment Ceiling Fan

Exterior

Parking Features Driveway

Building

Level or Stories Two

Others

Special Listing Condition Standard


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TheMLS (CLAW)
Listed by Dover Management Corp.

Nearby Locations

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Ever Banuelos
Ever Banuelos

Team Leader | License ID: 01945384

+1(323) 833-9824 | ever.banuelos@gmail.com

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