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+15624180777
Berkshire Hathaway
1734 E Erie Street, Long Beach, CA 90802
- $1,925,000
- Sold Price
- $1,925,000
- List Price
- $1,900,000
- Closing Date
- Nov 21, 2025
- Status
- CLOSED
- MLS#
- PW25200466
- Year Built
- 1987
- Lot Size
- 5,205
- Acres
- 0.12
- Lot Location
- Rectangular Lot
- Days on Market
- 12
- Property Type
- Multifamily
- Property Sub Type
- Apartment
- Stories
- One Level
- Neighborhood
- Alamitos Beach (Ab)
Property Description
Profit-Driven Investment Opportunity at 1734 E. Erie St., Long Beach. This well-maintained and professionally managed 7-unit property, built in 1987, features an efficient and desirable unit mix of five 2-bedroom, 2.5-bath townhouse-style residences and two sizable 1-bedroom, 1-bath units, ideal for capturing a broad tenant base and strong rental demand. Recent capital improvements, including a brand-new roof and completed balcony inspection with repairs, significantly reduce near-term expenses and provide investors with stability and predictable cash flow. Tenants will enjoy seven covered on-site parking spaces in a private, gated garage, a premium convenience in Long Beach. Nestled in the residential Alamitos Beach neighborhood , the property is just blocks from Carrol Park and Alamitos beach, offering easy coastal access. Estimated walking or biking time to the waterfront is likely under 10 minutes, making it highly appealing for tenants seeking a beach-adjacent lifestyle. The location also delivers vibrant urban convenience just minutes from the boutique restaurants and eclectic shops along Retro Row and 4th Street. Situated within a charming neighborhood primarily composed of single-family homes, this offering combines tenant lifestyle appeal with consistent, long-term rental demand and strong appreciation potential.
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Additional Information
- Appliances
- Free-Standing Range, Refrigerator
- Pool Description
- None
- Heat
- Central
- Cooling Description
- None
- View
- Neighborhood
- Exterior Construction
- Stucco, Wood Siding
- Roof
- Composition, Flat, Rolled/Hot Mop
- Garage Spaces Total
- 7
- Sewer
- Sewer Tap Paid
- Water
- Public
- Interior Features
- Ceiling Fan(s), All Bedrooms Up, Walk-In Closet(s)
- Attached Structure
- Attached
- Number Of Units Total
- 7
- Gross Scheduled Income
- $172,380
- Operating Expense
- 32839
Listing courtesy of Listing Agent: Jessica Panzica (Jessica@JessicaPanzica.com) from Listing Office: Keller Williams Pacific Estate.
Listing sold by Jessica Panzica from Keller Williams Pacific Estate
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.