2212 E 15th Street, Long Beach, CA — listing photo 1
1 / 1
FOR SALENew Listing

2212 E 15th Street

Long Beach, CA 90804
16 Beds
8 Baths
5,254 Sq Ft
Built 1960
$1,775,000

Property Overview

2212 E 15th St | 8-Unit Multifamily Investment, Long Beach. This 1960-built asset totals 5,256 SF on an 8,409 SF lot in Eastside Long Beach, between the Cherry Avenue corridor and Zaferia. It sits a few blocks north of Anaheim Street's restaurants and coffee shops and just south of Pacific Coast Highway retail and bus lines. The property features (8) 2BR/1BA units averaging 657 SF across a front and back building, with eight on-site parking spaces at a 1:1 ratio. Six of eight units are occupied at an average rent of $1,962, four of them already at the $1,995 market rent, and Units 1 and 2 are delivered vacant. Offered at $1,775,000 ($221,875/unit | $337.71/SF) with a 7.13% cap rate on scheduled rents and a 9.39 GRM, the real story is yield a 7%+ cap at a sub-$225K basis, with two units the buyer can lease or renovate on their own terms from close.

Home Details

Property type
Residential Income
Year built
1960
Living area
5,254 sq ft
Lot size
6,518 sq ft
Parking
8 spaces
Days on market
11
MLS status
Active
Zoning
LBR2N

Features & Amenities

Parking

  • Driveway Down Slope From Street

Community, Schools & Utilities

Utilities

Heating
None
Cooling
None
Browse more homes for sale in Long Beach

Location & Neighborhood

2212 E 15th Street

Long Beach, CA 90804

Open in Google MapsOpen in Apple Maps

Frequently Asked Questions About 2212 E 15th Street

Property type: Residential Income

The current asking price is $1,775,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 2212 E 15th Street. Our team will confirm availability and timing.
This 16 bedrooms and 8 bathrooms property offers approximately 5,254 square feet of living space. It was built in 1960. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Long Beach, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Long Beach property.
The MLS currently reports the property as Active. It has been listed for 11 days. Status can change, so verify availability before relying on it.

What clients say

“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

Get More Info

Crown Coastal Support Team

Direct support from our real estate team

Enquiry form loads as you reach this section.

Listing Agent

Name: Taylor Avakian
MLS ID: CLW-C138326

Available property

$1,775,000

CRMLS Logo

Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.