Keegan Cin | Realtor® | License # DRE 01971604

Property

Long Beach, CA 90813 433 W 9th Street

433 W 9th Street Long Beach, CA - Image 1433 W 9th Street Long Beach, CA - Image 2433 W 9th Street Long Beach, CA - Image 3
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433 W 9th Street Long Beach, CA - Image 4433 W 9th Street Long Beach, CA - Image 5433 W 9th Street Long Beach, CA - Image 6433 W 9th Street Long Beach, CA - Image 7
Presented By: Milla Pariser with Beverly and Company; 818-271-1233
  • MLS# SR25119378
  • 06/10/2025
  • Request Tour
  • Request Info
  • Beds • 16
  • Baths • 4
  • SQFT • 5,018
  • Garage • 2
  • Year Built • 1923

Home Details

Nestled in the vibrant heart of Downtown Long Beach’s historic Willmore District, 433 W 9th Street presents a rare opportunity to acquire a classic four-unit building with exceptional upside. Each of the four spacious units offers a well-designed 4-bedroom, 1-bathroom layout, averaging approximately 1,254 sq. ft. (buyer to verify), providing generous living spaces ideal for families, shared housing, or long-term tenants. Built in 1923, this two-story property showcases timeless early 20th-century architecture, with large interiors filled with natural light and original details that speak to its heritage. The building has been under long-term ownership and is well maintained, yet offers significant value-add potential through strategic updates and rental repositioning. Current rents are well below market, presenting a clear path for increased income for the savvy investor. The property includes two on-site garages plus two additional tandem parking spaces, offering four total off-street spots—an added convenience in this bustling urban location. With close proximity to public transit, freeways, shopping, dining, and the rapidly growing Downtown Long Beach core, the location supports strong tenant demand and long-term appreciation. Whether you’re looking to expand your multifamily portfolio, complete a 1031 exchange, or secure a high-potential income property in a coastal growth market, 433 W 9th Street is a standout opportunity not to be missed.
Presented By: Milla Pariser with Beverly and Company; 818-271-1233

Interior Features for 433 W 9th Street

Bathrooms

Total Baths

Other Interior Features

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

Other Rooms

Entry Level1

General for 433 W 9th Street

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate5.48
Carport Y/NNo
CityLong Beach
Community FeaturesStreetLights, Sidewalks
CountyLos Angeles
DirectionsMagnolia Avenue & West 9th Street
Electric Expense600.0
Electric On Property Y/NNo
Entry Location1
Garage Spaces2.0
Garage Y/NYes
Gross Income117288.0
HOANo
HOA Fee$0.0
Home Warranty Y/NNo
Insurance Expense1000.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, CashToNewLoan, Conventional
Lot Size Square Feet4699.0
Lot Size UnitsSquareFeet
MLS Area4 - Downtown Area, Alamitos Beach
MaintenanceExpense3000.0
MobileHomeRemainsYNNo
Net Operating Income86663.0
New ConstructionNo
Number Of Units Total4
Operating Expense30625.0
Pool FeaturesNone
Property Attached Y/NNo
Property Sub Type AdditionalDuplex
Property SubtypeDuplex
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Subdivision NameWillmore District (WM)
Tax Lot3
Trash Expense0.0
Water Sewer Expense3279.0
Year Built1923
Year Built SourcePublicRecords
ZoningLBPD10

Exterior for 433 W 9th Street

Building Area Total5018.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesNearPublicTransit, Paved, StreetLevel
Lot Size Acres0.1079
Lot Size Area4699.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters5
Number of Separate Gas Meters4
Number of Separate Water Meters1
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking2.0
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Justin Hughey

Price $1,580,000
MLS#SR25119378
List Date 06/10/2025
Property Type Multi-Family
Request Tour
Request Info

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