30 W 49th Street, Long Beach, CA 90805

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Glen Henderson

[email protected] +1(619) 889-7646

$3,450,000

Est. payment - /mo

3 Beds

10,078 Sqft Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

Subdivision Bixby Knolls (Bk)

MLS Listing ID PW25184626

Bedrooms 3

Lot Size 10,078 Sqft

Property Sub-Type Res Income 2-4 Units

Property Type Res Income 2-4 Units

Property Description

30 W. 49th Street is a 12-unit stabilized investment opportunity in North Bixby Knolls, offered at a 5.97% cap rate on current rents. The controlled-access building features mostly two-bedroom units (11 of the 12) and a convenient one-to-one parking ratio. Additional income is generated from on-site laundry facilities. Recent capital improvements include a new roof and new windows throughout, and SB 721 (Balcony Inspection) has been completed. Situated near the vibrant Bixby Knolls district, residents enjoy walkable access to dining, shopping, and entertainment, along with excellent connectivity to major transportation routes. Combining strong in-place financial performance, a prime location, and well-maintained condition, this asset offers investors immediate cash flow and long-term appreciation potential in a desirable Long Beach submarket.

Location

State CA

County Los Angeles

Zoning Assessor

Direction 49th Street

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Tax ID 7133032048

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Listed by Robert Stepp Keller Williams Realty Downey

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Glen Henderson

+1(619) 889-7646

Broker Associate | CA BRE #01384181

Broker Associate CA BRE #01384181

San Diego Communities

30 W 49th Street Long Beach, CA 90805

Glen Henderson

Key Details

Location

Interior

Exterior

Building

Others

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