ResidentialIncome
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1377 Warren Avenue, Long Beach, CA 90813
1377 Warren Avenue
Overview
Property ID: HZ26640863
- 4
- 11
- 4944
- 1922
Description
PRICED TO SELL. 8.7 GRM AND 7.0% CAP WITH UPSIDE TO A 8.1 GRM AND 7.9% CAP. 11 units in Long Beach NOT subject to local rent control, only subject to AB 1482 rent control – maximum annual increase of 5% + CPI (you can increase 8.0% this year). The property is professionally managed and well-maintained. The property is MASTER METERED for all utilities and as such, there is an opportunity for a new owner to either implement a RUBS program or increase rents to cover these costs. Electrical updated in the past 3 years. Qualified Buyers can put as little as 25% down and earn over a 12% cash on cash return against in-place rents. EMAIL LA FOR MORE INFORMATION INCLUDING A CURRENT RENT ROLL AND EXPENSES.
Address
Open on Google Maps- Address Warren
- City Long Beach
- State/county Los Angeles
- Zip/Postal Code 90813
Details
Updated on March 13, 2026 at 6:07 pm- Property ID: HZ26640863
- Price: $1,628,000
- Property Size: 4944 Sq Ft
- Bedrooms: 4
- Bathrooms: 11
- Year Built: 1922
- Property Status: ResidentialIncome
- Listed by: Jonathan Swire
- DRE #: 01336277
- Contact Mail: jon@jonswire.com
- Brokered by: The Agency
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