4-Unit
For Sale
$980,000
1065 E 19th, Long Beach, CA 90806
Improvements include roof work, refreshed exterior paint, updated electrical panels and dual-pane windows.
Property Size1,628 SF
Price / SF$601.97
Days on Market151
Property Features for 1065 E 19th
General Information
Standard status
Active
Size
1,628 SF
Property subtype
Quadruplex
Site & Location
Neighborhood
Central
Public Transit
Yes
Additional Details
Multifamily Units
4
Building Details
Building Size
1,628 SF
Year Built
1945
Listing Agency:
Compass
Listed By:
LaRocca Real Estate Group | Leonard LaRocca · License #01401046
(310) 698-6444
Source:
Laroccarealestate
Added: Jun 1
Changed: Oct 28
Last Checked: Oct 27 at 4:19AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass
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Investment Insights
Based on property information with market context.
This four-unit quadplex contains 1,628 square feet and was built in 1945. Improvements include roof work, exterior repainting, updated electrical panels and dual-pane windows.
Long Beach Polytechnic High School and Long Beach Transit are nearby. The property is located in Long Beach, California.
Long Beach Polytechnic High School and Long Beach Transit are nearby. The property is located in Long Beach, California.
Key Highlights
- Four‑unit residential income property
- 1,628 square feet
- Built in 1945
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,169
Cap Rate
2.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$583,380
$583.4K
Cap Rate 7%
$416,700
$416.7K
Cap Rate 9%
$324,100
$324.1K
Market Conditions
NOI Build-Up for 1,628 SF
Gross rent
$44.0K $27.00/SF
− Vacancy
−$2.3K −$1.40/SF
EGI
$41.7K $25.60/SF
− OpEx
−$12.5K −$7.68/SF
NOI
$29.2K $17.92/SF
Area
ZIP 90806
Vacancy
5.20%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$583,380
Cap Rate 7%
$416,700
Cap Rate 9%
$324,100
Alternative Uses
Best Use
Multifamily LT 5
$416.7K
$364.6K – $486.2K
NOI $29,169 @ 7.0% cap · market cap 2.98%
Second Best
Apartment 5plus
$374.5K
$327.7K – $436.9K
NOI $26,214 @ 7.0% cap · market cap 2.67%
Theoretical Best
Office A
$871.6K
$762.7K – $1.02M
NOI $61,014 @ 7.0% cap · market cap 6.23%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
1,862
Businesses Nearby
Explore this area
Business Placement
Demographics for 90806, CA
41,611
Population
13,106
Households
3.2
Avg Household Size
35
Median Age
22%
College-Educated
72%
High-School Grad
4.9 sq mi
ZIP Area
8,492
Density / Sq Mi
$73,674
Median Household Income
$36,691
Median Earnings
$1,672
Median Rent
$699,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Improvements include roof work, refreshed exterior paint, updated electrical panels and dual-pane windows.
Where is this quadplex located?
The property is located at 1065 E 19th Long Beach, CA.
What is the asking price?
The asking price for this property is $980,000.
What are key features of this property?
This property features: Four‑unit residential income property; 1,628 square feet; Built in 1945
