Home | Los Angeles County | Long Beach | 90804 | 1755 Sherman
MLS: CRDW26165133 | Status: | Price: $2,999,999
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 8,514 | 1987 |
$20k/month with One 2 bed 2 bath unit is vacant!! Actual Rents bring the building to 6% cap rate with the vacant unit. If vacant unit is rented at $2,500/month, cap rate jumps to 7%. Opportunity to own a well-maintained 12-unit income property located in the desirable city of Long Beach. This property features an excellent unit mix consisting of eight 2-bedroom, 1-bathroom units and four 1-bedroom, 1-bathroom units, offering strong rental appeal and long-term investment potential. The spacious unit layouts provide desirable living arrangements for tenants, with a mix that appeals to a wide range of renters. Conveniently located near shopping, dining, entertainment, public transportation, and major freeways, this property offers accessibility and convenience for residents. An excellent opportunity for investors seeking a multifamily asset in a highly sought-after Long Beach rental market.
| Field | Value |
|---|---|
| MLS # | CRDW26165133 |
| MLS Source | California Regional MLS |
| Days on Site | 11 |
| Feature | Details |
|---|---|
| Appliances | Other |
| Feature | Details |
|---|---|
| Garage/Parking | Garage: 16 Car(s) |
Jeanet Salazar
J A T S Enterprises, Inc.
License #: 01473287
Phone: (323) 356-3638
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 11 | – |
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This listing information is up-to-date as of August 06, 2026. For the most current information, please contact Jeanet Salazar, (323) 356-3638.