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Renovated Six-Unit Apartment Building
For Sale
Contact for pricing

2922 E 15th Street, Long Beach, CA 90804

Apartment property with updated building systems, renovated interiors, controlled gate access, and tandem parking.

Property SizeContact for details
Days on Market15

Property Features for 2922 E 15th Street

General Information

Standard status Active
Total Parking Spaces 5
Property subtype Multifamily
Zoning Assessor

Units

Unit Mix 5 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units 6

Amenities

laundry room
exterior lighting
gated access

Building Details

Buildings 1
Units 6
Listing Agency: Keller Williams Coastal Prop.
Listed By: Kendra Miller · License #01396646
Source: Crexi
Added: Jul 30 Changed: Aug 12 Last Checked: Aug 12 at 4:40AM

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 Keller Williams Coastal Prop.

Investment Insights

Based on property information with market context.

This six-unit apartment building offers a mix of five two-bedroom, one-bathroom residences and one one-bedroom, one-bathroom unit. Recent property work includes a new roof completed in May 2026, sewer improvements with a cleanout, exterior dawn-to-dusk lighting, coded gate locks, and an updated laundry room equipped with three washing machines and three dryers. One two-bedroom residence has been fully renovated with a mini-split system, new kitchen cabinetry, counters and appliances, luxury vinyl flooring, windows, blinds, lighting, and a remodeled bathroom.

Five tandem parking spaces are located behind the building, accommodating up to 10 vehicles depending on vehicle size. The property is adjacent to a traffic circle. The approximately 6% cap rate and approximately 10 GRM reflect actual rents from four occupied units and pro forma rents for two vacant units.

Key Highlights

  • Six‑unit apartment building with five 2‑bedroom/1‑bathroom units and one 1‑bedroom/1‑bathroom unit
  • New roof completed May 2026, plus sewer improvements and a sewer cleanout
  • Fully renovated 2‑bedroom unit with mini‑split, updated kitchen, flooring, windows, lighting, and bathroom

Property Analytics

Current Use

Beach Front Property ... Hotel & Motel

Suggested Use

Top Pick Law Firm Parking Lot & Garage Travel Agency Daycare Center Catering Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

1,586
Businesses Nearby

Demographics for 90804, CA

39,370
Population
15,998
Households
2.5
Avg Household Size
33
Median Age
30%
College-Educated
75%
High-School Grad
2.2 sq mi
ZIP Area
17,895
Density / Sq Mi
$68,940
Median Household Income
$38,914
Median Earnings
$1,801
Median Rent
$673,600
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Apartment property with updated building systems, renovated interiors, controlled gate access, and tandem parking.
Where is this apartment building located?
The property is located at 2922 E 15th Street Long Beach, CA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Six‑unit apartment building with five 2‑bedroom/1‑bathroom units and one 1‑bedroom/1‑bathroom unit; New roof completed May 2026, plus sewer improvements and a sewer cleanout; Fully renovated 2‑bedroom unit with mini‑split, updated kitchen, flooring, windows, lighting, and bathroom
More about this property
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