RateMyAgentGo to search
Back 1921 E Washington St
Off Market

1921 E Washington St

Long Beach CA 90805

7
6
5600 sq. ft.
Multi-Family
Last sold for $1,150,000
Perry KarnPerry Karn, last sold this property on 10 June 2026 after 344 days on market.

Overview

Perfect for investors with a current cap rate of 7.07% and GRM of 12.81 and a market cap rate of 8.47% and GRM of 10.86. Located on a quiet side street off one of the major thoroughfares in North Long Beach providing a great location and ease of commute for tenants. The property is close to local bus stops, multiple parks, and shopping centers, as well as The Michelle Obama Library. The property sits within 2 miles of both the 91 and 710 freeways. The property is also only a short drive to both downtown Long Beach and the Beach. This fourplex consists of a front building made up of three 1 Bed 1 Bath units each with a garage, and a rear building which is a detached 4 Bed 2 Bath house. The rear house sits at ~1728 sqft. While the front building units average ~485 sqft. The tenants pay their own utilities, keeping the utilities low. This building is currently fully occupied and has had less than 3% vacancy over the last 3 years. Two of the units have been partially renovated during the most recent tenant transitions. This property also has storage and laundry room opportunities for potential sellers to build out. Price $1,150,000 Price/Unit $287,500 Price/sqft $361 Current Cap Rate 7.07% Market Cap Rate 8.47% Current GRM 12.81 Market GRM 10.86. Property is priced to sell, seller is firm on price.

Features

7 bedrooms
6 bathrooms
5600 sq. ft. lot size
Multi-Family

Estimated Value

Based on this property and similar 7 bedroom multi families sold in Long Beach over the last 12 months, the estimated median property value of 1921 E Washington St is $1.1m.

Median value
$1.1m
Estimated value range
$1m - $1.3m
Median days on market
37
Estimated value trend
0%
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 1921 E Washington St

2026
Sold
$1,150,000
10 Jun 2026 by Perry Karn, of Real Property Management SL
2021
Sold
$840,000
19 Nov 2021
2003
Sold
$367,860
23 May 2003

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 7 bedroom multi families in Long Beach

In the last 12 months, 3 seven-bedroom multi families similar to 1921 E Washington St, have been sold.

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, local expert, supportive, well-prepared, great negotiation, and dedicated

  •   5   (21 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