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405 E Esther St

Long Beach CA 90813

4252 sq. ft.
6752 sq. ft.
Other
Currently for sale - view listing

Overview

405 E. Esther Street is a well-maintained, cash-flowing seven-unit multifamily asset located in a desirable Long Beach neighborhood with strong rental demand. The property features a highly attractive unit mix comprised of one (1) spacious 6BD/2BA unit, three (3) 3BD/1BA units, two (2) 2BD/1BA units, and one (1) 1BD/1BA unit. The property also has a driveway with three parking spaces. Fully occupied with long-term, reliable residents, the investment offers immediate, durable income for new ownership while still providing the opportunity to capture significant rental upside through natural turnover and strategic renovations. The property presents an ideal blend of in-place stability and value-add potential in one of Southern California's most consistent and resilient rental markets.

Features

4252 sq. ft. floor area
6752 sq. ft. lot size
Other

Property history for 405 E Esther St

2018
Sold
$1,375,000
30 Nov 2018 by Bill Larson, of Sonnocco Real Estate Group

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 other properties in Long Beach

In the last 12 months, 10 other properties similar to 405 E Esther St, have been sold.

This represents a 48% increase in other properties sales when compared to the previous 12 months.

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Sales:
(619) 566-0008
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