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Back 1057 Euclid Ave
Off Market

1057 Euclid Ave

Long Beach CA 90804

8
6
4
4192 sq. ft.
6345 sq. ft.
Other
Last sold for $1,789,000
Jonathan SwireJonathan Swire, last sold this property on 29 May 2026 after 24 days on market.

Overview

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. 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.

Features

8 bedrooms
6 bathrooms
4 carspaces
4192 sq. ft. floor area
6345 sq. ft. lot size
Other

Estimated Value

We need at least 3 similar 8 bedroom other properties sold in Long Beach over the last 12 months.

Property history for 1057 Euclid Ave

2026
Sold
$1,789,000
29 May 2026 by Jonathan Swire, of The Agency
2021
Sold
$1,954,500
24 Aug 2021
2019
Sold
$1,365,000
15 Mar 2019

Happy sellers in Long Beach

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We have insufficient information to provide an overview of customer satisfaction for Long Beach. Viewing the agent profiles, reviews and sales for Long Beach can provide insights for this location.

Local market activity for 8 bedroom other properties in Long Beach

Nearby agents

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Heidi Hamidzadeh is a recommended agent for Long Beach.  They have 1 local sale and collected 1 local review across the last 12 months.

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Carmen Sosa

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