1444 E 16th Street
Long Beach, CA 90813
- – beds
- – baths
- – sqft
- 6,503 sqft lot
- 1924 build
- – on site
Awesome 7-Unit Rental Property with Major Upside Potential! Don’t miss this unique investment opportunity featuring 7 rental units spread across 5 individual buildings in a well-maintained compound. With strong tenant stability and significant room for rent increases, this is the perfect value-add property for savvy investors. Each unit has its own individual water heater and separately metered gas and electricity, making this a low-maintenance investment with minimal owner expenses. Very quiet and stable tenants. Units are unfurnished; tenants provide their own refrigerators and stoves. Current rents are below market, providing a great opportunity to increase cash flow over time with strategic updates or new leases. This is a rare chance to acquire a solid, income-generating property with room to grow in a desirable rental market. Don’t miss out! Unit Breakdown: 4 standalone 1 bed / 1 bath cottages 1 standalone 2 bed / 1 bath 1 building with two units – EACH 2 bed / 1 bath Property Highlights: Each unit has its own individual water heater Copper plumbing throughout 3 units fully remodeled approximately 4 years ago Roofing is approx. 10 years old with 15 years remaining on a 25-year roof Tenants pay their own gas and electricity Low-maintenance investment with upside on current rents Off-street parking for all units—spaces available inside the compound and at the alley.
Last checked:
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Last updated Apr 19, 2025
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MLS# OC25086210 —
The Building
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Year Built:1924
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Year Built Source:Assessor
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New Construction:No
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Building Area Total:3584.00
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Building Area Units:Square Feet
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Total Number Of Units:7
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# of Buildings:7
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Stories Total:1
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Entry Level:1
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Common Walls:No Common Walls
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# of Separate Gas Meters:7
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# of Separate Water Meters:1
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# of Separate Electric Meters:7
Interior
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Levels:One
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Entry Location:1
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Laundry:None
Location
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Directions:cherry ave
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Latitude:33.78687200
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Longitude:-118.17315400
The Property
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Property Type:Residential Income
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Subtype:Cabin
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Zoning:LBR2N
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Lot Features:6-10 Units/Acre
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Lot Size Area:6503.0000
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Lot Size Acres:0.1493
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Lot Size SqFt:6503.00
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Lot Size Source:Assessor
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Block:D
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Tax Census Tract:5752.01
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Tax Tract:1
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Tax Lot:12
The Listing
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Special Listing Conditions:Standard
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Parcel Number:7268034008
Utilities
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Sewer:Public Sewer
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Water Source:Public
The Community
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Subdivision:Other (OTHR)
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Subdivision:unknown
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Features:Sidewalks
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Pool:None
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Senior Community:No
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Private Pool:No
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/18/25
Apr 18, 2025
|
Listed / Active | CRMLS_CA | $1,975,000 | 132.4% (14.1% / YR) |
|
5/10/22
May 10, 2022
|
Listed / Active | CRMLS_CA | ||
|
11/18/15
Nov 18, 2015
|
CRMLS_CA | $850,000 |
