206 Euclid Avenue

Off Market

206 Euclid Avenue

Long Beach CA 90803

13006 sq. ft.

Multi-Family

Last sold for $7,000,000

Mike Marcu, last sold this property on 10 February 2026 after 164 days on market.

Overview

Belmont Heights is one of Long Beachs most desirable and supply-constrained coastal submarkets. Known for its historic architecture, walkable streets, and proximity to the beach, the neighborhood continues to attract a high-quality tenant base made up of professionals, retirees, and renters-by-choice. Residents are drawn to the areas unique charm, community feel, and lifestyle amenities, including easy access to 2nd Streets dining and retail, Bluff Park, and California State University, Long Beach. With consistently strong occupancy and rent growth, Belmont Heights represents one of the most enduring and stable multifamily markets in Southern California. The Euclid Apartments present an opportunity to acquire a well-located and fundamentally strong asset in the heart of this prestigious neighborhood. The property is comprised of 24 spacious one-bedroom units averaging approximately 750 square feet, along with three two-bedroom, two-bath units averaging 1,300 square feet. All units are individually metered, all-electric, and equipped with individual water heaters, providing operational efficiency and ease of management. The community offers 26 secured parking spaces, laundry rooms on every floor, and elevator service. With a newer roof and several major systems already in place, the property provides a solid foundation for future improvements. Currently in clean and functional condition, the Euclid Apartments are primed for repositioning through targeted interior and exterior upgrades. Investors have the opportunity to enhance rental income by modernizing unit interiors, improving common areas, and elevating the overall curb appeal. The strength of Belmont Heights as a supply-constrained, rent-growth-driven submarket amplifies the upside potential, allowing buyers to capture both near-term renovation-driven NOI growth and long-term appreciation. Ultimately, the Euclid Apartments represent a rare chance to establish or expand a foothold in Belmont Heights. The combination of location, resident demand, operational strength, and clear value-add potential make this offering a compelling investment opportunity in one of Long Beachs most resilient and sought-after neighborhoods.

Features

3 bedrooms

3 bathrooms

13006 sq. ft. lot size

Multi-Family

Estimated Value

We need at least 3 similar 3 bedroom multi families sold in Long Beach over the last 12 months.

Property history for 206 Euclid Avenue

2026

Sold

$7,000,000

10 Feb 2026 by Mike Marcu, of Mike Marcu, Broker

Happy sellers in Long Beach

<50%

Less than 50% of sellers in Long Beach reported that their sale price either exceeded or met their price expectations.

Long Beach stands out as a desirable community for sellers, consistently delivering great customer service and strong market results for homeowners.

This is based on voluntary sentiment collected from 5 reviews in Long Beach over the last 12 months.

Local market activity for 3 bedroom multi families in Long Beach

In the last 12 months, 1 three-bedroom multi family similar to 206 Euclid Avenue, have been sold.

This represents a 100% decrease in three-bedroom multi families sales when compared to the previous 12 months.

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Long Beach for a market analysis.

Costanza Genoese Zerbi

at eXp of Greater Los Angeles Inc

(64 reviews)

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Laura Kellam

at Coldwell Banker Realty

(12 reviews)

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Lauren Friedman

at Keller Williams Pacific Estate

(52 reviews)

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Clare Corcoran

at REMAX Real Estate Specialists | Long Beach

(25 reviews)

Get a market analysis

Nearby agents

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

Costanza Genoese Zerbi

Costanza Genoese Zerbi is an award winning recommended agent for Long Beach. They have 1 local sale and collected 2 local reviews across the last 12 months.

5 (64 reviews)
2 Reviews in Long Beach
1 Sale in Long Beach

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Laura Kellam

Laura Kellam is a recommended agent for Long Beach. They have 1 local sale and collected 2 local reviews across the last 12 months.

5 (12 reviews)
2 Reviews in Long Beach
1 Sale in Long Beach

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Lauren Friedman

Sellers who recommend Lauren Friedman have praised them for being local expert, responsive, clear communication, supportive, patient, great negotiation, and dedicated