Mixed-Use Property with
For Sale
$1,499,000
219 E 10th St, Long Beach, CA 90813
Three residential units are arranged across a street-facing building and a rear duplex.
Property Size3,380 SF
Price / SF$443.49
Days on Market12
Property Features for 219 E 10th St
General Information
Standard status
Active
Size
3,380 SF
Property subtype
Income
Site & Location
Neighborhood
Saint Marys
Mixed-Use Components
retail, residential
Units
Unit Mix
1 x 3BR/1BA, 1 x 2BR, 1 x 1BR
Multifamily Units
3
Amenities
in-unit laundry
Building Details
Year Built
1909
Buildings
2
Tenancy
Multi
Listing Agency:
Realty ONE Group Pacific
Listed By:
Jeffrey DeLancy
(949) 510-4350
Source:
Forwardinglewood
Added: Oct 19
Changed: Oct 28
Last Checked: Oct 28 at 4:13PM
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 Realty ONE Group Pacific
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Investment Insights
Based on property information with market context.
At 219 E 10th St, the 3,380-square-foot property comprises two buildings on separate lots with distinct APNs. The front structure has two ground-floor retail spaces and a three-bedroom apartment above. A rear duplex adds a converted two-bedroom residence with a balcony upstairs and a one-bedroom unit at ground level. Each of the three apartments has in-unit laundry, and a long driveway provides off-street parking.
Preliminary concept sketches outline a possible 20-micro-apartment redevelopment; they are plans, not a representation of approved development. The buildings date to 1909. The property is subject to California rent control law.
Preliminary concept sketches outline a possible 20-micro-apartment redevelopment; they are plans, not a representation of approved development. The buildings date to 1909. The property is subject to California rent control law.
Key Highlights
- Two ground‑floor retail spaces and three residential units across two buildings
- 3,380 SF property on two lots with separate APNs
- Front building includes a three‑bedroom apartment above the retail spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$77,689
Cap Rate
5.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,553,780
$1.6M
Cap Rate 7%
$1,109,843
$1.1M
Cap Rate 9%
$863,211
$863.2K
Market Conditions
NOI Build-Up for 3,380 SF
Gross rent
$115.6K $34.20/SF
− Vacancy
−$4.6K −$1.36/SF
EGI
$111.0K $32.84/SF
− OpEx
−$33.3K −$9.85/SF
NOI
$77.7K $22.98/SF
Area
ZIP 90813
Vacancy
3.99%
Lease Rate
$34.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,553,780
Cap Rate 7%
$1,109,843
Cap Rate 9%
$863,211
Alternative Uses
Best Use
Multifamily LT 5
$1.11M
$971.1K – $1.29M
NOI $77,689 @ 7.0% cap · market cap 5.18%
Second Best
Apartment 5plus
$1.02M
$894.9K – $1.19M
NOI $71,593 @ 7.0% cap · market cap 4.78%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
3
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
4,058
Businesses Nearby
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Business Placement
Demographics for 90813, CA
54,565
Population
18,603
Households
2.9
Avg Household Size
32
Median Age
16%
College-Educated
63%
High-School Grad
3.1 sq mi
ZIP Area
17,602
Density / Sq Mi
$50,302
Median Household Income
$31,450
Median Earnings
$1,578
Median Rent
$543,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Three residential units are arranged across a street-facing building and a rear duplex.
Where is this mixed-use property located?
The property is located at 219 E 10th St Long Beach, CA.
What is the asking price?
The asking price for this property is $1,499,000.
What are key features of this property?
This property features: Two ground‑floor retail spaces and three residential units across two buildings; 3,380 SF property on two lots with separate APNs; Front building includes a three‑bedroom apartment above the retail spaces
