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$3,900,000
2 Days On Site

16 38th Place
Long Beach, CA 90803

For Sale|Residential Income|Active
10
Beds
8
Total Baths
4,275
SqFt
$912
/SqFt
1962
Built
County:
Los Angeles
Listed by Taylor Avakian of Lyon Stahl Investment Real Estate, Inc. [email protected]
16 38th Place16 38th Place16 38th Place16 38th Place
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Monthly Payment (Est.)

$17,793
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16 38th Pl, a seven-unit multifamily investment located in a desirable coastal Long Beach rental pocket. Built in 1962, the property offers a rare opportunity to acquire an all-vacant asset, allowing a buyer to immediately execute lease-up, set market rents, and establish predictable cash flow without waiting for tenant turnover. The offering benefits from a durable 1BD / 2BD unit mix, an above-average parking ratio with 10 on-site spaces, and additional ancillary income potential. This is a clean stabilization-driven opportunity with clear NOI growth and long-term hold appeal. Contact the listing team for the Offering Memorandum, financials, and tour details.

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Listing Snapshot
Price 
$3,900,000
Days On Site 
2 Days
Bedrooms 
10
Inside Area (SqFt) 
4,275 sqft
Total Baths 
8
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1207 Acres
Year Built 
1962
MLS® Number 
26643731
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 hours agoListing updated with changes from the MLS®
2 days agoListing first seen on site
General Features
Acres 
0.1207
Levels 
Multi/Split
Parking 
Assigned
Parking Spaces 
10
Special Circumstances 
Standard
SqFt Total 
4275
Zoning 
LBR4R
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Community Features
MLS Area 
1 - Belmont Shore/Park,Naples,Marina Pac,Bay Hrbr


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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