Updated Duplex with Detached
4027 E 11th St Long Beach, CA 90804
4027 E 11th St, Long Beach, CA, 90804
$1,034,000
For Sale
$1,034,000
Vacant, updated two-unit property with remodeled interiors and a detached garage with ADU potential.
Property Size1,500 SF
Price / SF$689.33
Days on Market85
Property Features for 4027 E 11th St
General Information
- Standard status
- Active
- Size
- 1,500 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1923
Listing Agency
Y Realty
(562) 212-7347
Listed by
Albert Garcia · License #01955460
(562) 212-7347
Source
Exitrealty
Added: Apr 25 Checked: Jul 17 at 5:23 am
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 Y Realty
Investment Insights
Based on property information with market context.
This 100-year-old craftsmen duplex has been updated and well maintained, with both units delivered vacant and ready for new occupancy. Interiors feature an open, light-filled living layout with large windows, new flooring, and fresh paint. Kitchen updates include quartz countertops, while the remodeled bathrooms provide a consistent, high-quality finish throughout. One unit offers a spacious, multi-bedroom configuration with three remodeled bathrooms, including an en-suite master bath with a rain shower, new vanity, and tiled finishes. The second unit is a 1-bedroom, 1-bath setup with an attached bathroom, using the same materials and design approach as the primary unit.
The property includes a low-maintenance yard suited to easier day-to-day living. A detached garage adds additional on-site utility, including stated ADU potential and ample storage space.
With both units vacant, buyers can align tenancy and household mix to their preferences while using the property as a duplex investment or owner-occupy scenario. The updated kitchens, refreshed floors, and remodeled baths support straightforward leasing and limit near-term interior work, while the detached garage with ADU potential offers flexibility for future expansion of use.
The property includes a low-maintenance yard suited to easier day-to-day living. A detached garage adds additional on-site utility, including stated ADU potential and ample storage space.
With both units vacant, buyers can align tenancy and household mix to their preferences while using the property as a duplex investment or owner-occupy scenario. The updated kitchens, refreshed floors, and remodeled baths support straightforward leasing and limit near-term interior work, while the detached garage with ADU potential offers flexibility for future expansion of use.
Key Highlights
- Built in 1923, updated duplex in a craftsman‑style property with 2 units (4027 and 4031 11th St)
- Both units will be delivered vacant
- Nearly 1,500 SF total living space with 3 bedrooms and 3 remodeled bathrooms
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 | $48.6k | $32.40 |
| − Vacancy | −$2.5k | −$1.68 |
| EGI | $46.1k | $30.72 |
| − OpEx | −$13.8k | −$9.21 |
| NOI | $32.3k | $21.50 |
1,500 SF · lease $32.40/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$460.7K
$403.1K – $537.5K
NOI $32,251 @ 7.0% cap · market cap 3.12%
Second Best
Apartment 5plus
$409.8K
$358.6K – $478.1K
NOI $28,685 @ 7.0% cap · market cap 2.77%
Theoretical Best
Office A
$803.1K
$702.7K – $937.0K
NOI $56,217 @ 7.0% cap · market cap 5.44%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Vacant, updated two-unit property with remodeled interiors and a detached garage with ADU potential.
Where is this duplex located?
The property is located at 4027 E 11th St Long Beach, CA.
What is the asking price?
The asking price for this property is $1,034,000.
What are key features of this property?
This property features: Built in 1923, updated duplex in a craftsman‑style property with 2 units (4027 and 4031 11th St); Both units will be delivered vacant; Nearly 1,500 SF total living space with 3 bedrooms and 3 remodeled bathrooms
