Keegan Cin | Realtor® | License # DRE 01971604

Property

Long Beach, CA 90813 1444 E 16th Street

1444 E 16th Street Long Beach, CA - Image 11444 E 16th Street Long Beach, CA - Image 21444 E 16th Street Long Beach, CA - Image 3
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Presented By: Nancy Nguyen with Wynn Real Estate, Inc.; 714-383-0180
  • MLS# OC25083282
  • 04/15/2025
  • Request Tour
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  • SQFT • 3,584
  • Year Built • 1924

Home Details

Awesome 7-Unit Rental Property with Major Upside Potential! Don’t miss this unique investment opportunity featuring 7 rental units spread across 5 individual buildings in a well-maintained compound. With strong tenant stability and significant room for rent increases, this is the perfect value-add property for savvy investors. Each unit has its own individual water heater and separately metered gas and electricity, making this a low-maintenance investment with minimal owner expenses. Very quiet and stable tenants. Units are unfurnished; tenants provide their own refrigerators and stoves. Current rents are below market, providing a great opportunity to increase cash flow over time with strategic updates or new leases. This is a rare chance to acquire a solid, income-generating property with room to grow in a desirable rental market. Don’t miss out! Unit Breakdown: 4 standalone 1 bed / 1 bath cottages 1 standalone 2 bed / 1 bath 1 building with two units – EACH 2 bed / 1 bath Property Highlights: Each unit has its own individual water heater Copper plumbing throughout 3 units fully remodeled approximately 4 years ago Roofing is approx. 10 years old with 15 years remaining on a 25-year roof Tenants pay their own gas and electricity Low-maintenance investment with upside on current rents Off-street parking for all units—spaces available inside the compound and at the alley
Presented By: Nancy Nguyen with Wynn Real Estate, Inc.; 714-383-0180

Interior Features for 1444 E 16th Street

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesNone
LivingAreaSourceAssessor
Total Stories2

Other Rooms

Entry Level1

General for 1444 E 16th Street

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate4.99
Carport Y/NNo
CityLong Beach
CoolingNone
CountyLos Angeles
Current FinancingNone
DirectionsBETWEEN ORANGE AVE & CHERRY AVE
ElectricStandard
Electric On Property Y/NNo
Garage Y/NNo
HOANo
HeatingElectric
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, CashToNewLoan, Conventional, Exchange1031
Lot Size Square Feet6503.0
Lot Size UnitsSquareFeet
MLS Area7 - North Long Beach
MaintenanceExpense5000.0
MobileHomeRemainsYNNo
New ConstructionNo
Number Of Units Total28
Occupancy TypeTenant
Property Attached Y/NNo
Property Sub Type AdditionalMultiFamily
Property SubtypeMultiFamily
Property TypeCommercialSale
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tax Annual Amount15562.33
Tax Year2025
Trash Expense3000.0
Water Sewer Expense3000.0
Waterfront Y/NNo
Year Built1924

Exterior for 1444 E 16th Street

Building Area Total3584.0
Crops Included Y/NNo
FencingWood
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesSixToTenUnitsAcre
Lot Size Acres0.1493
Lot Size Area6503.0
Lot Size SourceAssessor
Open Parking Y/NNo
Private PoolNo
SpaNo
Water SourcePublic

Additional Details

Price History

Alexandra Eston

Sales Associate
Price $1,975,000
MLS#OC25083282
List Date 04/15/2025
Property Type Commercial
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