Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1876 Myrtle Ave Long Beach, CA 90806

    Sponsored
    For Sale
    $879,000

    Triplex - Long Beach, CA

    Type:Triplex
    Property size:
    2,400 SF
    Lot size:
    5,918.00 Acres
    Days on Market:
    6
    Last Refresh:
    Feb 24 at 6:06 pm

    Property Features for 1876 Myrtle Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Triplex
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3
    Bedrooms
    3
    Bathrooms
    3
    APN
    7210013001
    Parking
    5
    Parking features
    None
    Exterior features
    Community Features Included: Sidewalks, Street Lights, Urban, Corner Lot
    Size
    2,400 SF
    Lot size
    5,918.00 Acres

    Building Details

    Year built
    1923
    Floors in Building
    1
    Number of units
    3
    Roof type
    Composition
    Architectural style
    Other

    We can help!

    Listing Contact
    Harry Eaves

    Keller Williams Coastal Properties (562) 843-1017

    Listing agent Harry Eaves (562) 843-1017 License #01159737

    Listing date Feb 19, 2026

    MLS# PW26038156 Listing URL

    Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Long Beach Triplex Investment Opportunity

    This triplex presents an investment opportunity in a desirable residential neighborhood of Long Beach. Situated on a single lot, the property includes three individual units. Each unit features its own private garage and separate yard area. The surrounding neighborhood is composed primarily of single-family homes and well-maintained residential income properties. The property is near shopping centers, restaurants, schools, and essential services, with easy access to downtown Long Beach, where tenants can find dining, entertainment, and coastal attractions. The property is suited for both new and experienced investors looking to add an income-producing asset to their portfolio. The units will not be delivered vacant, but the seller may consider relocation assistance. The property size is 2400 square feet and the lot size is approximately 0.14 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Long Beach
    County
    Los Angeles
    State
    California
    Longitude
    -118.1815865
    Latitude
    33.7914107

    Nearby Similar for Sale

    • New
      $2,300,000
      1,784 SF

      Turnkey Peninsula Income Property

      Renovated duplex near the bay shoreline in Long Beach.
      83 63Rd Pl, Long Beach, CA 90803
      View Details
    • $3,995,000
      19,195 SF

      Versatile Church Property in Long Beach

      1.7-acre property with sanctuary, gym, school/commercial kitchen, and ample parking.
      6698 Orange Ave, Long Beach, CA 90805
      View Details
    • $1,299,000
      2,420 SF

      Long Beach Triplex with ADUs

      Triplex with updated main house and two new ADUs.
      496 E 52Nd St, Long Beach, CA 90805
      View Details
    • $1,540,000
      2,378 SF

      California Heights Duplex Collection

      Two remodeled bungalows blending period architecture with modern design.
      3580 Gundry Ave, Long Beach, CA 90807
      View Details
    • $2,700,000
      9,200 SF

      Long Beach Commercial Investment Property

      Commercial property with retail spaces and potential for additional development.
      208 W Anaheim St, Long Beach, CA 90813
      View Details
    • $2,045,000
      4,600 SF

      Remodeled Long Beach Townhouse-Style Quadplex

      Fully remodeled 4-unit townhouse-style property in Long Beach, CA.
      1144 Stanley Ave, Long Beach, CA 90804
      View Details
    • $1,165,000
      1,556 SF

      Long Beach Duplex with ADU Potential

      Updated Long Beach duplex near amenities with ADU potential.
      4027 E 11Th St, Long Beach, CA 90804
      View Details
    • $1,250,000
      3,164 SF

      East Long Beach Commercial Property

      Commercial property in East Long Beach with high accessibility.
      3535 E 7Th St, Long Beach, CA 90804
      View Details
    • New
      $1,199,988
      2,554 SF

      Turnkey Long Beach Quadruplex

      Renovated 4-unit property in desirable Poly High area.
      1941 Olive Ave, Long Beach, CA 90806
      View Details
    • $1,475,000
      4,670 SF

      Long Beach Apartment Building

      Two-building complex with a bungalow and four large units.
      744 Walnut Ave, Long Beach, CA 90813
      View Details
    • $850,000
      1,360 SF

      Charming Duplex in North Long Beach

      Renovated duplex with bonus room and growth opportunity.
      1430 E Michelson St, Long Beach, CA 90805
      View Details
    • $2,099,000
      3,592 SF

      Belmont Heights Multifamily Opportunity

      Five-unit multifamily property near the ocean and 2nd Street.
      207 Mira Mar Ave, Long Beach, CA 90803
      View Details

    FAQs

    What type of property is this?
    Triplex - Triplex in desirable Long Beach neighborhood with private garages.
    Where is this triplex located?
    The property is located at 1876 Myrtle Ave Long Beach, CA.
    What is the asking price?
    The asking price for this property is $879,000.
    What are key features of this property?
    This property features: - Strong income-producing triplex in a desirable Long Beach location.; - Each unit has a **private garage and separate yard area.**; - Located in a quiet, well-established neighborhood near amenities.
    (562) 961-1400
    Request Owner's contact information
    1876 Myrtle Ave Long Beach, CA 90806
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1876 Myrtle Ave
    Long Beach, CA 90806
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1876 Myrtle Ave Long Beach, CA 90806
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Harry Eaves
    Real Estate License ID: 01159737
    (562) 961-1400 (562) 843-1017
    Learn more
    Google sign-in failed. Please try again or use another login method.