1057 Euclid Ave Long Beach, CA 90804
New
MULTI_FAMILY - Long Beach, CA
Property size:
4,192 SFLot size:
0.15 AcresPrice / SF:
$426/SF- Added:
- May 4, 2026
- Days on Market:
- 2
- Last Refresh:
- May 5 at 5:06 am
Property Features for 1057 Euclid Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- LBR4R
- Bedrooms
- 8
- Bathrooms
- 6
- Rooms
- Bedroom 3, Bedroom 2, Bathroom 3, Bathroom 5, Bathroom 6, Bedroom 4, Bedroom 5, Bedroom 8, Bathroom 4, Bedroom 7, Bathroom 2, Bathroom 1, Bedroom 1, Bedroom 6
- Parking
- 4
- Parking features
- Assigned
- Standard status
- Active
- APN
- 7254-012-028
- Size
- 4,192 SF
- Lot size
- 0.15 Acres
Building Details
- Year built
- 1959
- Floors in Building
- 2
- Number of units
- 6
Listing agent Jonathan Swire License #01336277 (310) 948-2631
Listing office The Agency 331 Foothill Rd. #100, Beverly Hills, CA (424) 230-3700
Listing date May 4, 2026
MLS# 26829257
Listing URL
Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Overview
Long Beach Multifamily Investment Opportunity
This six-unit multifamily property is located in a prime area of Long Beach, not subject to rent control but subject to AB 1482 rent control, with a maximum annual increase of 5% + CPI (currently 8.0%). The property is situated on the East side, near the Traffic Circle, Belmont Shores, Park Estates, and California State University, Long Beach (CSULB). The property is professionally managed and well-maintained, featuring on-site laundry facilities. The unit mix includes one- and two-bedroom units, with four parking spaces available in the front of the building. Both the exterior and interiors have been extensively updated, with new kitchens, baths, and flooring in the interiors. Exterior updates include new lighting, painting, and landscaping. Over $350,000 has been invested in renovations. The electric main and sub panels have been updated, and all SB 721 Balcony work has been completed. The property spans 4,192 square feet on a 0.1457-acre lot. This property is suitable for investors seeking a turnkey building. Rents are approximately 12% below market. Anduril Industries is planning a $1 billion redevelopment of land adjacent to the Long Beach Airport, expected to be completed in mid-2027, creating 5,500 new direct jobs and thousands of indirect jobs.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Long Beach
- County
- Los Angeles
- State
- California
- Longitude
- -118.149465
- Latitude
- 33.780045
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Six-unit multifamily property in a prime Long Beach location.
Where is this apartment building located?
The property is located at 1057 Euclid Ave Long Beach, CA.
What is the asking price?
The asking price for this property is $1,789,000.
What are key features of this property?
This property features: High Income Potential: Opportunity to earn over a 9% cash‑on‑cash return at market rents.; Favorable Financing Available: Qualified buyers can obtain a new loan fixed at 5.05% for 5 years, interest‑only.; Extensive Recent Renovations: Over $350K spent on updating interiors and exteriors, plus electrical upgrades and balcony work completed.
