817 E New York, Long Beach, CA 90813

• 7 beds
• 3,076 sqft

Property Description

817 E New York St presents a rare opportunity to acquire a 4-unit multifamily property in prime North Long Beach. Built in 1922, the asset consists of three separate buildings totaling 3,076 rentable square feet on a 6,802 square foot lot. The unit mix includes (1) 1-bed/1-bath and (3) 2-bed/1-bath units, offering strong rental appeal. Two of the 2-bed/1-bath units have been newly renovated-providing an excellent owner-user opportunity or the ability to immediately capture market rents. At just $312,000 per unit, the property offers a low cost of entry and compelling fundamentals with a 4.97% CAP rate and 12.90 GRM on in-place income. Off-street parking is available for tenants, a valuable feature in this dense rental corridor. Centrally located with convenient access to the 91 and 710 freeways, 817 E New York St benefits from North Long Beach's steady population growth, ongoing infrastructure investment, and strong housing demand. For investors seeking day-one cash flow with clear upside potential, this is a highly attractive opportunity in one of Long Beach's most active rental markets.

Listing Status:

Active

Date Added:

October 8, 2025 at 05:00AM

Listing Office:

Lyon Stahl Investment Real Estate, Inc. : 310-425-9838

Listing Agent:

Brett Lyon : 310-706-4066

MLS ID:

CRSB25234247

Interior

• Laundry: Common Area

Exterior

• General: Other
• Parking: Other

Location

• County: Los Angeles

Lot

• Zoning: 7268008026

This listing courtesy of Brett Lyon, Lyon Stahl Investment Real Estate, Inc.