Duplex Residential Income
410 E 21st Street Long Beach, CA 90806
410 E 21st Street, Long Beach, CA, 90806
$840,000
For Sale
$840,000
MULTI_FAMILY - Long Beach, CA
Property Size1,931 SF
Lot Size0.07 Acres
Price / SF$435.01
Days on Market168
Property Features for 410 E 21st Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bedroom 3, Laundry Room, Bedroom 2, Bedroom 1, Bathroom 1, Bathroom 2, Bathroom 4, Kitchen, Bathroom 3, Bedroom 4
- Parking
- 2
- Standard status
- Active
- APN
- 7209012011
- Size
- 1,931 SF
- Lot size
- 0.07 Acres
Utilities
- Sewer type
- Public Sewer
- Heating system
- Wall Furnace
- Water source
- Public
Building Details
- Year built
- 1923
- Floors in Building
- 2
- Number of units
- 2
Listing Agency
Keller Williams Palos Verdes
(310) 544-6100
550 Silver Spur Rd., Ste 310, Rolling Hills Estates, CA
Listed by
Janet Chen · License #02061843
(310) 408-1106
Added: Jan 31 Checked: Jul 18 at 1:06 am
MLS# PV26022735
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.
Investment Insights
Based on property information with market context.
This for-sale duplex property is offered as a residential income asset featuring a total building size of 1,931 square feet on a 0.0653-acre lot. The offering includes the existing structure at 410 E 21st Street, Long Beach, CA 90806, suitable for buyers seeking a small-format multifamily investment or an owner-occupant strategy.
Located in Long Beach within Los Angeles County, the property is positioned on a defined parcel at the street address noted in the listing. The site is a compact lot size, which may appeal to buyers looking for a manageable property scale while still maintaining a duplex-style residential income configuration.
For tenants, the duplex format can support household independence within a single building footprint, while for investors or owner-operators it offers an entry point to multifamily ownership without requiring a larger portfolio footprint. Buyers should review the property directly and confirm all details tied to the current improvements and income potential during their due diligence process.
Located in Long Beach within Los Angeles County, the property is positioned on a defined parcel at the street address noted in the listing. The site is a compact lot size, which may appeal to buyers looking for a manageable property scale while still maintaining a duplex-style residential income configuration.
For tenants, the duplex format can support household independence within a single building footprint, while for investors or owner-operators it offers an entry point to multifamily ownership without requiring a larger portfolio footprint. Buyers should review the property directly and confirm all details tied to the current improvements and income potential during their due diligence process.
Key Highlights
- Wall furnace heating
- Built in 1923
- Public water supply
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $52.1k | $27.00 |
| − Vacancy | −$2.7k | −$1.40 |
| EGI | $49.4k | $25.60 |
| − OpEx | −$14.8k | −$7.68 |
| NOI | $34.6k | $17.92 |
1,931 SF · lease $27.00/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$494.3K
$432.5K – $576.6K
NOI $34,598 @ 7.0% cap · market cap 4.12%
Second Best
Apartment 5plus
$444.2K
$388.7K – $518.2K
NOI $31,093 @ 7.0% cap · market cap 3.70%
Theoretical Best
Office A
$1.03M
$904.6K – $1.21M
NOI $72,369 @ 7.0% cap · market cap 8.62%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Duplex offered for sale in Long Beach, CA, presenting an owner-operator or investor income property option.
Where is this duplex located?
The property is located at 410 E 21st Street Long Beach, CA.
What is the asking price?
The asking price for this property is $840,000.
What are key features of this property?
This property features: Wall furnace heating; Built in 1923; Public water supply
