$3,450,000

30 W 49th Street, Long Beach, CA 90805

3 beds |
2 baths

Multi-Family Home
Built in ——
10,080sqft lot
—— car garage
$——/sqft
Listed 2 months ago

Property Description

30 W. 49th Street is a 12-unit stabilized investment opportunity in North Bixby Knolls, offered at a 5.97% cap rate on current rents. The controlled-access building features mostly two-bedroom units (11 of the 12) and a convenient one-to-one parking ratio. Additional income is generated from on-site laundry facilities. Recent capital improvements include a new roof and new windows throughout, and SB 721 (Balcony Inspection) has been completed. Situated near the vibrant Bixby Knolls district, residents enjoy walkable access to dining, shopping, and entertainment, along with excellent connectivity to major transportation routes. Combining strong in-place financial performance, a prime location, and well-maintained condition, this asset offers investors immediate cash flow and long-term appreciation potential in a desirable Long Beach submarket.

Listing Status:: Active
Listing Office:: Keller Williams Realty Downey : 562-334-1500
Listing Agent:: Robert Stepp : 310-463-2916
MLS ID:: PW25184626

Pool: N/K

Originating MLS: California Regional MLS
County: Los Angeles

Zoning: Assessor7133032048

Source: California Regional MLS

This listing courtesy of Robert Stepp, Keller Williams Realty Downey

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Dooley Elementary School

5075 Long Beach Blvd, Long Beach, CA, 90805

Grades KG-5

0.28 miles away

Perry Lindsey Academy

5075 Daisy Ave, Long Beach, CA, 90805

Grades 6-8

0.37 miles away

Jordan High School

6500 Atlantic Ave, Long Beach, CA, 90805

Grades 9-12

2.00 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.