435 W 11th St

Long Beach CA 90813

6395 sq. ft.

9685 sq. ft.

Other

Last sold for $1,890,000

Jonathan Swire, last sold this property on 13 May 2026 after 719 days on market.

Overview

PRICE REDUCED AND READY TO SELL. Priced at 9.2 GRM and a 7.3% CAP with upside to 8.4 GRM and a 8.3% CAP. 9 units in Long Beach NOT subject to local rent control, only subject to AB 1482 rent control - maximum annual increase of 5% + CPI (currently 8.0%). Located on the West Side blocks from Downtown Town where over $8BB of redevelopment is occurring. On a beautiful, quiet, tree-lined street. The property is professionally managed and well-maintained. All units have their own private parking included, and most have a private outdoor patio. All have W/D hookups. All units have their own water heater. A new owner can raise rents to market and achieve a 8.4 GRM and 8.3% CAP. Earn over a 11% cash-on-cash return against in place income. Qualified Buyers can put as little as 25% down. EMAIL LISTING AGENT FOR MORE INFO, INCLUDING A RENT ROLL AND OM.

Features

14 bedrooms

9 bathrooms

6395 sq. ft. floor area

9685 sq. ft. lot size

Other

Estimated Value

We need at least 3 similar 14 bedroom other properties sold in Long Beach over the last 12 months.

Property history for 435 W 11th St

2026

Sold

$1,890,000

13 May 2026 by Jonathan Swire, of The Agency

2019

Sold

$2,195,000

08 Mar 2019 by Greg Bassirpou, of Marcus & Millichap Re Invest

Happy sellers in Long Beach

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