$1,628,000
1377 Warren AV
Long Beach, CA, 90813
Property 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.
Property Details
Price:
$1,628,000
MLS #:
26640863
Status:
Active
Beds:
4
Baths:
11
Type:
Single Family
Neighborhood:
9polyhigh
Listed Date:
Mar 13, 2026
Finished Sq Ft:
4,944
Total Sq Ft:
4,944
Lot Size:
5,700 sqft / 0.13 acres (approx)
Year Built:
1922
Schools
Interior
Cooling
NO
Heating
WL
Levels
S
Exterior
Financial
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Courtesy of The Agency. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than Mohr Real Estate Group include the name of the listing broker. Neither the listing company nor Mohr Real Estate Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 1377 Warren AV
Long Beach, CA
