1921 E Washington Street
Long Beach, CA 90805
- 7 beds
- – baths
- 3,184 sqft
- 5,600 sqft lot
- $376 per sqft
- 1949 build
- – on site
Located on a quiet side street off one of the major thoroughfares in North Long Beach providing a great location and ease of commute for tenants. The property is close to local bus stops, multiple parks, and shopping centers, as well as The Michelle Obama Library. The property sits within 2 miles of both the 91 and 710 freeways. The property is also only a short drive to both downtown Long Beach and the Beach. This fourplex consists of a front building made up of three 1 Bed 1 Bath units each with a garage, and a rear building which is a detached 4 Bed 2 Bath house The rear house sits at ~1728 sqft. While the front building units average ~485 sqft. The tenants pay their own utilities, keeping the utilities low. This building is currently fully occupied and has had less than 3% vacancy over the last 3 years. Two of the units have been partially renovated during the most recent tenant transitions. This property also has storage and laundry room opportunities for potential sellers to build out. Price $1,250,000 Price/Unit $312,500 Price/sqft $408 Current Cap Rate 5.35% Market Cap Rate 6.26% Current GRM 16.62 Market GRM 14.43
Last checked:
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Last updated Feb 26, 2025
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MLS# CRPW25003991 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1949
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Building Area Units:Square Feet
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Building Area Total:3184
Room Dimensions
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Living Area:3184
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Living Area Units:Square Feet
Location
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Directions:Head South on Cherry Ave from route 91 and take a
The Property
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Property Type:Residential Income
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Property Subtype:Quadruplex
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Exterior Features:Other
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Parcel Number:7128032018
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Zoning:LBR2
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Lot Size Area:0.13
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Lot Size Acres:0.13
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Lot Size SqFt:5600
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Lot Size Units:Acres
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Tract:5706.02
Beds
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Bedrooms Total:7
The Listing
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Listing Terms:Cash
Appliances
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Laundry Features:Community Facility
The Community
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Association:false
Parking
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Parking Total:3
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 |
|---|---|---|---|---|
|
2/26/25
Feb 26, 2025
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Price Changed | BRIDGE | $1,200,000 | -4.0% |
|
1/11/25
Jan 11, 2025
|
Listed / Active | BRIDGE | $1,250,000 | |
|
8/2/24
Aug 2, 2024
|
Listed / Active | BRIDGE |
