Vacant-Delivered 7-Unit
16 38th Pl Long Beach, CA 90803
For Sale
Contact for pricing
Built in 1962, this 7-unit property is 100% vacant and includes 10 on-site parking spaces.
Property Size5,473 SF
Lot Size0.12 Acres
Price / SF$712.59
Days on Market171
Property Features for 16 38th Pl
General Information
- Standard status
- Active
- Size
- 5,473 SF
- Lot size
- 0.12 Acres
- Property subtype
- Multifamily
Building Details
- Year Built
- 1962
Listing Agency:
Lyon Stahl Investment Real Estate
Listed By:
Taylor Avakian · License #CA 02060040
Source:
Crexi
Added: Feb 4
Changed: Jul 20
Last Checked: Jul 24 at 8:16AM
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 Lyon Stahl Investment Real Estate
Investment Insights
Based on property information with market context.
This built-in-1962 multifamily property offers 7 residential units in a functional mix of (4) 1-bedroom/1-bath units and (3) 2-bedroom/1-bath units. The building is approximately 5,473 square feet on a 5,259 square foot lot. Delivered 100% vacant, it provides a clean reset for a new owner looking to establish operations without existing tenant turnover delays. The property is subject to rent control.
Additional income is supported by on-site laundry and 10 on-site parking spaces. The asset is located in a coastal Long Beach rental pocket.
For practical tenant demand, the unit mix balances one-bedroom and two-bedroom layouts, which can support a broader range of household needs within the same property.
Additional income is supported by on-site laundry and 10 on-site parking spaces. The asset is located in a coastal Long Beach rental pocket.
For practical tenant demand, the unit mix balances one-bedroom and two-bedroom layouts, which can support a broader range of household needs within the same property.
Key Highlights
- 7‑unit multifamily building built in 1962 with 5,473 SF on a 5,259 SF lot.
- Offered 100% vacant for immediate lease‑up and establishing a new rent roll from day one.
- Unit mix: (4) 1‑bedroom/1‑bath and (3) 2‑bedroom/1‑bath units.
Property Analytics
Location Intelligence
Current Use by Public Records
Apartment buildings
FAQs
What type of property is this?
Apartment building - Built in 1962, this 7-unit property is 100% vacant and includes 10 on-site parking spaces.
Where is this apartment building located?
The property is located at 16 38th Pl Long Beach, CA.
What is the asking price?
The asking price for this property is $3,900,000.
What are key features of this property?
This property features: 7‑unit multifamily building built in 1962 with 5,473 SF on a 5,259 SF lot.; Offered 100% vacant for immediate lease‑up and establishing a new rent roll from day one.; Unit mix: (4) 1‑bedroom/1‑bath and (3) 2‑bedroom/1‑bath units.
