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    2216 W Wardlow Rd Long Beach, CA 90810

    For Sale
    $1,519,000

    MULTI_FAMILY - Long Beach, CA

    Property size:
    5,283 SF
    Lot size:
    0.13 Acres
    Days on Market:
    27
    Last Refresh:
    Dec 15 at 8:06 am

    Property Features for 2216 W Wardlow Rd

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    LBR1N
    Rooms
    Bedroom 10, Bedroom 5, Bathroom 4, Bedroom 9, Bedroom 7, Bedroom 4, Bedroom 6, Bathroom 5, Bedroom 12, Bedroom 8, Bedroom 11, Bathroom 1, Bathroom 3, Bedroom 13, Bedroom 1, Bedroom 14, Bedroom 3, Bathroom 7, Bathroom 6, Bathroom 2, Bedroom 2
    Bedrooms
    14
    Bathrooms
    7
    APN
    7317-003-004
    Parking
    4
    Parking features
    Assigned
    Size
    5,283 SF
    Lot size
    0.13 Acres

    Building Details

    Year built
    1963
    Floors in Building
    2
    Number of units
    7

    The Agency (424) 230-3700 [email protected]

    Listing agent Jonathan Swire (424) 230-3700 License #01336277

    Listing date Nov 19, 2025

    Copyright © 2025 TheMLSCLAW. 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 residential income property features seven units, all configured as two-bedroom, one-bathroom layouts. Located in Long Beach, the property is not subject to local rent control but is subject to AB 1482, which allows for a maximum rent increase of 5% plus CPI. The property includes four garages at the front, presenting a potential opportunity for an Accessory Dwelling Unit (ADU), subject to buyer verification. The property is professionally managed and well-maintained, featuring laminate flooring and updated kitchens. On-site laundry facilities are available. The seller recently invested over $20,000 in updating unit 7 with new cabinets and flooring. The property sits on a lot of approximately 0.1297 acres and the building size is 5,283 square feet. The zoning is LBR1N. The property offers potential for a 9% or higher cash-on-cash return based on in-place rents. Qualified buyers may be eligible for a down payment as low as 25%.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness Grocery Store

    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
    -118.221649
    Latitude
    33.824027

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    FAQs

    What type of property is this?
    Apartment building - Seven-unit residential income property in Long Beach, not subject to local rent control.
    Where is this apartment building located?
    The property is located at 2216 W Wardlow Rd Long Beach, CA.
    What is the asking price?
    The asking price for this property is $1,519,000.
    What are key features of this property?
    This property features: - High Income Potential: 9.5 GRM on current rents with upside to 9 GRM and 7.3% CAP rate.; - Not Subject to Local Rent Control: Only subject to AB 1482 (5% + CPI max increase).; - Desirable Unit Configuration: All units are 2+1's.
    (424) 230-3700
    Request Owner's contact information
    2216 W Wardlow Rd Long Beach, CA 90810
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    Long Beach, CA 90810
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    Realmo Value Estimation

    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.

    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.

    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
    2216 W Wardlow Rd Long Beach, CA 90810
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