SoldMay 15, 2026

Listed by Jackson Jorgensen from Younglewin Advisors, Inc.

Source: San Diego MLS #PW26036911

1075 E South St, Long Beach, CA, 90805

$4,345,000

4
3
12552 sq. ft.

MultiFam

30+ days on the market

Sold: May 15, 2026

What's around 1075 E South St

About this property

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.

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