USACALong Beach1057 Euclid Ave
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1057 Euclid Ave, Long Beach, CA

House

For Sale

Listed price in listed location currency (USD).
$1,789,000

864

MLS® 26829257

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size 4192 sqft
Garage 
Taxes 
Days Active 0
Lot Size 
Approx. Age 1959
Avg. Price Per Sqft $426
MLS® Number 26829257

Property Address: 1057 Euclid Ave, Long Beach, CA, 90804-2913

Average square foot calculated using Size range provided by listing agent.

Description

6 units in Prime Long Beach NOT subject to rent control, only subject to AB 1482 rent control - maximum annual increase of 5% + CPI (currently 8.0%). Located in a great location on the East side, close to the Traffic Circle, Belmont Shores, Park Estates and CSULB. Long Beach has undergone major redevelopment with over $8BB of new projects in the past few years. The property is professionally managed and well maintained with onsite laundry. The property features an excellent unit mix of 1 and 2 bed units with 4 parking spaces in the front of the building. The exterior and all interiors were heavily updated. Interiors feature new kitchens, baths, flooring, etc. The exterior has new lighting, painting and landscaping. Over $350K was spent. The electric main and sub panels were updated as well and all SB 721 Balcony work has been completed. This property is perfect for an investor looking for a plug and play building with no work to be done. Rents are approximately 12% below market. EARN OVER A 9% CASH ON CASH RETURN AT MARKET RENTS. Qualified Buyers can obtain a new loan fixed at 5.05% for 5 years, Interest Only. Contact Loan Broker to find out more - David Guevara - [email protected]. Anduril Industries, a cutting-edge defense technology company specializing in AI applications announced that it is commencing a $1 billion redevelopment of land adjacent to the LB Airport. The project is planned to be completed in mid-2027 and is expected to create 5, 500 new direct jobs at the site plus thousands of indirect construction and supply-chain service jobs.
MLS® Number26829257
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1959
Basement
DrivewayAssigned
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 4, 2026List Date
$1,789,000List Price
  • Commute

Commute

Starting Address
Destination Address
1057 Euclid Ave, Long Beach, CA

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