1377 Warren Ave Long Beach, CA 90813
MULTI_FAMILY - Long Beach, CA
Property size:
4,944 SFLot size:
0.13 AcresPrice / SF:
$329/SF- Added:
- Jan 22, 2026
- Days on Market:
- 92
- Last Refresh:
- Apr 24 at 10:06 pm
Property Features for 1377 Warren Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- LBR2N
- Bedrooms
- 4
- Bathrooms
- 11
- Rooms
- Bedroom 3, Bedroom 2, Bathroom 2, Bathroom 1, Bathroom 5, Bathroom 6, Bathroom 9, Bathroom 11, Bathroom 8, Bedroom 1, Bathroom 3, Bathroom 4, Bedroom 4, Bathroom 7, Bathroom 10
- Standard status
- Active
- APN
- 7268-042-011
- Size
- 4,944 SF
- Lot size
- 0.13 Acres
Building Details
- Year built
- 1922
- Floors in Building
- 2
- Number of units
- 11
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 Jan 22, 2026
MLS# 26640863
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 eleven-unit multifamily property is located in Long Beach, California, and is not subject to local rent control, but is subject to AB 1482 rent control, allowing for a maximum annual increase of 5% + CPI. The current rent increase allowance for this year is 8.0%. The property is professionally managed and well-maintained. The building is master metered for all utilities, presenting an opportunity for a new owner to implement a RUBS program or increase rents to cover these costs. Electrical systems have been updated within the past 3 years. The property, zoned LBR2N, sits on a lot of approximately 0.1309 acres. The building has a total area of 4944 square feet. The property is currently priced to sell, offering an 8.7 GRM and a 7.0% cap rate, with the potential to increase to an 8.1 GRM and a 7.9% cap rate. Qualified buyers may be able to put as little as 25% down and earn over a 12% cash on cash return against in-place rents.
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
- -118.17555
- Latitude
- 33.784044
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Eleven-unit apartment building in Long Beach, CA. Priced to sell.
Where is this apartment building located?
The property is located at 1377 Warren Ave Long Beach, CA.
What is the asking price?
The asking price for this property is $1,627,500.
What are key features of this property?
This property features: High potential return on investment: **7.0% CAP rate with upside to 7.9%** and potential for over 12% cash‑on‑cash return.; Not subject to local rent control, only AB 1482 with a maximum annual increase of 5% + CPI (8.0% possible this year).; Eleven units in Long Beach.
