$1,659,000
$1,659,000
For more information regarding the value of a property, please contact us for a free consultation.
2285 Earl Ave Long Beach, CA 90806
8 Beds
9 Baths
4,945 SqFt
Key Details
Sold Price $1,659,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,945 sqft
Price per Sqft $335
MLS Listing ID 26638761
Sold Date 04/08/26
Bedrooms 8
Year Built 1947
Lot Size 5,934 Sqft
Acres 0.1362
Property Sub-Type Multi-Family
Property Description
Priced to sell at 9.7 GRM with upside to 8.7 GRM and a 8.1% CAP. 9 units located in Long Beach NOT subject to local rent control, just AB 1482 (max increase of 5% + CPI). Located on a quite street in the Wrigley district. Excellent unit mix for the area, with long term tenants. The property was updated in 2019 throughout and is professionally managed and well maintained. A new owner could achieve over a 10% upside in rents. Property has onsite laundry and features a 400 AMP Main electrical panel and 50 AMP subpanels (Buyer to verify). Qualified Buyers can put down as little as 25%. Contact Loan Broker to find out more. EARN OVER A 12% CASH ON CASH RETURN AGAINST IN PLACE RENTS. Email Listing Agent for more info including a Rent Roll and OM.
Location
State CA
County Los Angeles
Area Wrigley
Zoning LBR2N
Rooms
Other Rooms None
Interior
Heating Wall
Cooling None
Equipment None
Exterior
Parking Features None
Building
Level or Stories Two
Others
Special Listing Condition Standard
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.
The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Bought with Mark Bridge, Broker
Nearby Locations