Triplex with Private
New
For Sale
$949,000
213 E Eagle, Long Beach, CA 90806
Three separate residences include two garages and gated outdoor areas.
Property Size1,696 SF
Lot Size0.14 Acres
Days on Market2
Property Features for 213 E Eagle
General Information
Standard status
Active
Size
1,696 SF
Total Parking Spaces
2
Lot size
0.14 Acres
Property subtype
Investment
Site & Location
Neighborhood
Southeast Wrigley
Units
Unit Mix
1 x 2BR/2BA, 1 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units
3
Additional Details
Tenant in Place
Yes
Amenities
private yards
gated yards
Building Details
Building Size
1,696 SF
Year Built
1915
Stories
1
Units
3
Tenancy
Multi
Listing Agency:
REMAX Professionals
Listed By:
David Smith · License #01353125
(562) 824-8444
Source:
Elliman
Added: Oct 28
Last Checked: Oct 28 at 3:23PM
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 REMAX Professionals
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Investment Insights
Based on property information with market context.
Built in 1915, this triplex contains three separate residences on a 5,886-square-foot lot. The units offer a mix of two-bedroom, two-bath, two-bedroom, one-bath, and one-bedroom, one-bath layouts. One two-bedroom residence is vacant and remodeled; the other two have month-to-month tenancies, and both have received interior updates. Each residence has a private yard, and the property includes two garages and newer roofs across all three units.
Gated yards and alley access to the garages add practical features to the property. Its three distinct living spaces are configured as separate residences, with a combination of vacant and occupied units.
Gated yards and alley access to the garages add practical features to the property. Its three distinct living spaces are configured as separate residences, with a combination of vacant and occupied units.
Key Highlights
- Three residences: two with 2 bedrooms and one with 1 bedroom
- Vacant 2‑bedroom, 2‑bath residence is remodeled
- Two other residences have month‑to‑month tenancies and interior upgrades
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,388
Cap Rate
3.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$607,760
$607.8K
Cap Rate 7%
$434,114
$434.1K
Cap Rate 9%
$337,644
$337.6K
Market Conditions
NOI Build-Up for 1,696 SF
Gross rent
$45.8K $27.00/SF
− Vacancy
−$2.4K −$1.40/SF
EGI
$43.4K $25.60/SF
− OpEx
−$13.0K −$7.68/SF
NOI
$30.4K $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%
$607,760
Cap Rate 7%
$434,114
Cap Rate 9%
$337,644
Alternative Uses
Best Use
Multifamily LT 5
$434.1K
$379.9K – $506.5K
NOI $30,388 @ 7.0% cap · market cap 3.20%
Second Best
Apartment 5plus
$390.1K
$341.4K – $455.2K
NOI $27,309 @ 7.0% cap · market cap 2.88%
Theoretical Best
Office A
$908.0K
$794.5K – $1.06M
NOI $63,562 @ 7.0% cap · market cap 6.70%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Lease Details
3
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,522
Businesses Nearby
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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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Triplex - Three separate residences include two garages and gated outdoor areas.
Where is this triplex located?
The property is located at 213 E Eagle Long Beach, CA.
What is the asking price?
The asking price for this property is $949,000.
What are key features of this property?
This property features: Three residences: two with 2 bedrooms and one with 1 bedroom; Vacant 2‑bedroom, 2‑bath residence is remodeled; Two other residences have month‑to‑month tenancies and interior upgrades
