216 Esperanza, Long Beach, CA 90802
Apartment - Long Beach, CA
- Added:
- Jun 21, 2026
- Days on Market:
- 1
- Last Refresh:
- Jun 21 at 11:06 pm
Property Features for 216 Esperanza
General Information
- Property type
- Residential Multi Family
- Property subtype
- Apartment
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
- Parking
- 1
- Parking features
- Carport
- Exterior features
- Community Features Included: Curbs, Urban, Sidewalks, Level With Street, Level
- Standard status
- Active
- APN
- 7265012024
- Size
- 3,816 SF
- Lot size
- 3,296.00 Acres
Utilities
- Cooling system
- Multi Units, Wall/Window Unit(s), Window Unit(s)
Building Details
- Year built
- 1921
- Floors in Building
- 2
- Number of units
- 4
- Architectural style
- Other
Listing agent Dave Stockton License #01214367 (951) 401-1319
Listing office Golden Eagle Properties 43950 Margarita Road, Temecula, CA (800) 763-7154
Listing date Jun 21, 2026
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.
HighLights
- Upgraded, well‑maintained multi‑unit property totaling 3,816 sq ft
- Includes 1‑bedroom units, approx. 950 sq ft each
- Built in 1921
- Wall/window and window unit(s) cooling
- Carport parking
- Community features include curbs and sidewalks; level with street
Overview
Located in the heart of the Alamitos Beach area of Long Beach, the property is about two blocks from the beach and adjacent to Bluff Park. The surrounding area offers abundant shopping, restaurants, bars, and beach access within an easy 5–15 minute walk. Public transportation is noted as being available on the corner near E. Broadway.
For owners or investors seeking a residential income property with multiple sizable one-bedroom units, this building offers a straightforward configuration with consistent unit sizing. Its upgraded condition and close proximity to major lifestyle amenities and transit can support tenants who value walkability and convenience, while the four-unit layout provides diversification within a single asset.
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 | $123.6k | $32.40 |
| − Vacancy | −$6.4k | −$1.68 |
| EGI | $117.2k | $30.72 |
| − OpEx | −$35.2k | −$9.21 |
| NOI | $82.0k | $21.50 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Long Beach
- County
- Los Angeles
- State
- California
- Longitude
- -118.1748808
- Latitude
- 33.7679952
