RateMyAgentGo to search
Back 1075 E South St
Off Market

1075 E South St

Long Beach CA 90805

4
3
12552 sq. ft.
Multi-Family
Last sold for $4,345,000
Jackson JorgensenJackson Jorgensen, last sold this property on 15 May 2026 after 84 days on market.

Overview

We are pleased to present 1075 E. South Street, a 1987 constructed 18 unit building to market in the city of Long Beach. The property features an all two bedroom unit mix with units averaging approximately 868 square feet each with balconies in select units. Current operations deliver a strong 6.37% cap rate and a 10.01 GRM based on existing rents, while still offering approximately 20% upside in gross rental income to market. The property has fully gated and secured parking for 25 spaces in addition to three secure storage spaces in the garage area. Attractive market financing options exist that could potentially boost a cash on cash return of 7% with a 30% down payment (buyer to verify). Situated on a quiet residential street in a solid North Long Beach location, the property combines stable current income, future rent growth potential, and a desirable neighborhood setting.

Features

4 bedrooms
3 bathrooms
12552 sq. ft. lot size
Multi-Family

Estimated Value

Based on this property and similar 4 bedroom multi families sold in Long Beach over the last 12 months, the estimated median property value of 1075 E South St is $785k.

Median value
$785k
Estimated value range
$675k - $4.34m
Median days on market
94
Estimated value trend
-9%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Long Beach. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1075 E South St

2026
Sold
$4,345,000
15 May 2026 by Jackson Jorgensen, of Younglewin Advisors, Inc.
2004
Sold
$403,181
26 May 2004

Happy sellers in Long Beach

~%

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 4 bedroom multi families in Long Beach

In the last 12 months, 7 four-bedroom multi families similar to 1075 E South St, have been sold.

This represents a 60% decrease in four-bedroom multi families sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Long Beach

placeholder
Irma Velasquez

Irma Velasquez is a recommended agent for Long Beach.  They have 2 local sales and collected 2 local reviews across the last 12 months.

  •   5   (15 reviews)
  •  2 Reviews in Long Beach
  •  2 Sales in Long Beach
View profile
placeholder
Brandi Ezidro

Brandi Ezidro is a recommended agent for Long Beach.  They have collected 2 local reviews across the last 12 months.

  •   5   (3 reviews)
  •  2 Reviews in Long Beach
View profile
placeholder
Janette Correa

Sellers who recommend Janette Correa have praised them for being clear communication, supportive, local expert, well-prepared, great negotiation, and dedicated

  •   5   (20 reviews)
  •  1 Review in Long Beach
  •  2 Sales in Long Beach
View profile
placeholder
Ingrid Chavez

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

  •   5   (27 reviews)
  •  1 Review in Long Beach
  •  1 Sale in Long Beach
View profile
or
Skip the list and find your ideal agent to sell your propertyFind My Agent
RateMyAgent
Sales:
(619) 566-0008
Quick Links
© 2026 RateMyAgent
Privacy PolicyTerms & ConditionsLicensingSitemap