1 of 21

Want to see this property?

1030 Myrtle Avenue

Long Beach, CA 90813

– beds
– baths
– sqft
6,535 sqft lot
2005 build
– on site

2005 construction and just outside of downtown Long Beach, this quadruplex has three large 3 bedroom 1 bathroom apartments, and one 1 bedroom 1 bathroom apartment. The strong income in place has this building at a GRM of 13.3X and a cap rate of 4.2%, and there is approximately 15% upside in the rents. The building features onsite laundry in select units, a large 2 car garage for each unit with extra parking on the driveway, and is separately metered for gas and electricity. There is a path to substantial upside via the conversion of some of the 8 garage spots to ADUs, as well as offsetting some of the expenses through the use of RUBS. The building is just 3 blocks North of Downtown Long Beach, with ongoing new developments of over $8 Billion. It offers excellent transit access only a few blocks to the metro blue line rail station, PCH, and the 710 freeway. Over 60% of households within 5 miles are renters with an average household income of over $94,000. (Per Costar)

Listed By CRMLS_CA / Anthony Walker / Buckingham Investments, Inc / 310-561-4776

Last checked: Checking… • Last updated Mar 3, 2025 •

MLS# SB25042498 —

This property is listed in more than one place. See it here.

The Building

Year Built:

2005
Year Built Source:

Assessor
New Construction:

No
Construction Materials:

Stucco
Building Area Total:

3040.00
Building Area Units:

Square Feet
Total Number Of Units:

4
# of Buildings:

2
Architectural Style:

Modern
Roof:

Flat
Foundation:

Slab
Stories Total:

2
Entry Level:

1
Accessibility Features:

None
Common Walls:

2+ Common Walls
Faces:

West
# of Separate Gas Meters:

5
# of Separate Water Meters:

1
# of Separate Electric Meters:

5

Interior

Features:

Balcony
Levels:

Two
Entry Location:

1
Room Type:

Laundry
Fireplace:

No
Fireplace:

None
Laundry:

Gas Dryer Hookup, Washer Hookup
Laundry:

1

Location

Directions:

North of 10th, West of MLK
Latitude:

33.77955900
Longitude:

-118.18145200

The Property

Property Type:

Residential Income
Subtype:

Quadruplex
Property Condition:

Repairs Cosmetic
Zoning:

LBR4R
Lot Features:

Rectangular Lot
Lot Size Area:

6535.0000
Lot Size Acres:

0.1500
Lot Size SqFt:

6535.00
Lot Size Source:

Assessor
View:

None
Fencing:

Wrought Iron
Fence:

Yes
Road Frontage:

Alley
Property Attached:

1
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Block:

13
Tax Census Tract:

5763.02
Tax Tract:

576...
Tax Lot:

10

The Listing

Special Listing Conditions:

Standard
Parcel Number:

7274010011

Heating & Cooling

Heating:

1
Heating:

Wall Furnace
Cooling:

No
Cooling:

None

Utilities

Utilities:

Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Sewer:

Public Sewer
Electric:

Standard
Water Source:

Public

Appliances

Appliances:

Gas Oven, Gas Range
Included:

Yes

The Community

Subdivision:

Other (OTHR)
Subdivision:

Lincoln
Features:

Urban
Association:

No
Pool:

None
Senior Community:

No
Private Pool:

No
Spa Features:

None
Assessments:

Yes
Assessments:

Unknown

Parking

Parking:

Yes
Parking:

Garage
Parking Spaces:

14.00
Garage Spaces:

8.00
Uncovered Spaces:

6.00

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
3/3/25 Mar 3, 2025	Listed / Active	CRMLS_CA	$1,550,000	14.8% (4.3% / YR)
10/4/21 Oct 4, 2021		CRMLS_CA	$1,350,000	-1.8%
8/6/21 Aug 6, 2021		CRMLS_CA	$1,375,000

Want a closer look?

Go see 1030 Myrtle Avenue

Or Call Toll Free 1-800-241-3327

We guarantee that we’ll never spam you.

* indicates a required field

More homes

Newest listings in Long Beach, CA

Similar sold homes

This multifamily located in Saint Mary, Long Beach, CA 90813 is currently for sale for $1,550,000. 1030 Myrtle Avenue is a – square foot multifamily with – beds and – baths that has been on Estately for 1 days. 1030 Myrtle Avenue is in the Saint Mary neighborhood of Long Beach and has a WalkScore® of 90, making it a walker’s paradise. This multifamily is in the attendance area of Polytechnic High School, Jenny Oropeza Elementary School, and Franklin Classical Middle School.

Listing Courtesy of: CRMLS_CA and Buckingham Investments, Inc. Based on information from California Regional Multiple Listing Service, Inc. as of 00:08 on Mar 04.

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.