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1021 E 12th Street

Long Beach, CA 90813

– beds
– baths
– sqft
6,802 sqft lot
1910 build
– on site

5 Unit apartment building on a large 6,800 SF lot in Long Beach! This property has 2 buildings, a front house consisting of a 4 Bedroom / 2 Bath ~1,398 SF and a separate back building ~ 2,100 SF consisting of 4 ALL 1-Bedroom/1-Bath units! This property has on ONSITE laundry room that brings in additional income! Parking for about 7 cars onsite! This property currently brings in $8,629/month in gross rental income. Currently operating at a CAP rate of 5.1 CAP and 12.6 X GROSS! This is great investment opportunity with upside potential through renovations/rent increases. Located close to downtown Long Beach, shopping and restaurants and offering easy access to Alamitos Beach, 4th Street!

Listed By CRMLS_CA / Kristina Moore / The Moore Group / 7148097608

Last checked: Checking… • Last updated Jan 27, 2025 •

MLS# PW24250938 —

The Building

Year Built:

1910
Year Built Source:

Assessor
New Construction:

No
Building Area Total:

3498.00
Building Area Units:

Square Feet
Total Number Of Units:

5
# of Buildings:

2
Stories Total:

2
Entry Level:

1
Common Walls:

2+ Common Walls
# of Separate Gas Meters:

5
# of Separate Water Meters:

1
# of Separate Electric Meters:

5

Interior

Levels:

Two
Entry Location:

FRONT DOOR
Fireplace:

No
Fireplace:

None
Laundry:

Individual Room
Laundry:

1

Location

Directions:

Alamitos and 12th
Latitude:

33.78190700
Longitude:

-118.18016500

The Property

Property Type:

Residential Income
Subtype:

Apartment
Zoning:

LBR4R
Lot Features:

2-5 Units/Acre
Lot Size Area:

6802.0000
Lot Size Acres:

0.1562
Lot Size SqFt:

6802.00
Lot Size Source:

Assessor
Property Attached:

1
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Block:

1
Tax Census Tract:

5764.01
Tax Tract:

5764
Tax Lot:

8

The Listing

Special Listing Conditions:

Standard
Parcel Number:

7274006008

Heating & Cooling

Heating:

1
Heating:

Wall Furnace
Cooling:

No
Cooling:

None

Utilities

Sewer:

Public Sewer
Water Source:

Public

The Community

Subdivision:

Downtown (DT)
Subdivision:

Downtown (DT)
Features:

Suburban
Pool:

None
Senior Community:

No
Private Pool:

No

Parking

Parking:

Yes
Parking:

Driveway, Asphalt
Parking Spaces:

7.00
Uncovered Spaces:

7.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
12/18/24 Dec 18, 2024	Listed / Active	CRMLS_CA	$1,325,000

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This multifamily located in Saint Mary, Long Beach, CA 90813 is currently for sale for $1,325,000. 1021 E 12th Street is a – square foot multifamily with – beds and – baths that has been on Estately for 43 days. 1021 E 12th Street is in the Saint Mary neighborhood of Long Beach and has a WalkScore® of 93, making it a walker’s paradise. This multifamily is in the attendance area of Franklin Classical Middle School, Polytechnic High School, and Lincoln Elementary School.

Listing Courtesy of: CRMLS_CA and The Moore Group. Based on information from California Regional Multiple Listing Service, Inc. as of 17:39 on Jan 30.

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.