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1735 E 10th Street, Long Beach, CA 90813

$3,049,000
22
BD
14
BA
10,253
SqFt
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Sold Price
$3,049,000
List Price
$3,047,700
Status
CLOSED
Days on Market
69
Closing Date
Jun 10, 2026
MLS#
26656535
Subtype
Residential Income
Year Built
1928
Bedrooms
22
Bathrooms
14
Living Area
10,253
Lot Size
12,823
Acres
0.29
MLS Area Major
Downtown Area, Alamitos Beach (4)
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Property Description

Priced to sell at 9.7 GRM and 6.6% CAP with upside to 9.3 GRM and a 7.0% CAP. 14 units in Long Beach NOT subject to rent control, only subject to AB 1482 rent control - maximum annual increase of 5% + CPI (currently 8.0%). Located on the East Side. Long Beach has undergone major redevelopment with over $8BB of new projects in the past few years. The property is professionally managed and well maintained with onsite laundry. The property features an excellent unit mix of 1 and 2 bed units with 11 open parking spaces in the rear. The exterior and all interiors were updated in 2019. Unit interiors feature updated flooring, kitchen counter tops, lighting and paint. EARN OVER A 10% CASH ON CASH RETURN AGAINST IN PLACE RENTS. Qualified Buyers can put down as little as 25%. Contact Loan Broker to find out more. EMAIL LISTING AGENT FOR MORE INFO INCLUDING A RENT ROLL AND OM.

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Additional Information

Zoning
LBR2N
Heating
Wall Furnace
Stories
Two Levels
Levels
Two
Parking Features
Assigned
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Listing courtesy of Listing Agent: Jonathan Swire (jon@jonswire.com) from Listing Office: The Agency.

Selling Office: The Agency.

Based on information from California Regional Multiple Listing Service, Inc. as of . 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.