16 38th PL
Long Beach, CA, 90803
$3,900,000
10 Beds
8 Baths
4,275 SqFt
0.12 Acres
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MLS #26643731 image #0
16 38th Pl, a seven-unit multifamily investment located in a desirable coastal Long Beach rental pocket. Built in 1962, the property offers a rare opportunity to acquire an all-vacant asset, allowing a buyer to immediately execute lease-up, set market rents, and establish predictable cash flow without waiting for tenant turnover. The offering benefits from a durable 1BD / 2BD unit mix, an above-average parking ratio with 10 on-site spaces, and additional ancillary income potential. This is a clean stabilization-driven opportunity with clear NOI growth and long-term hold appeal. Contact the listing team for the Offering Memorandum, financials, and tour details.

Property Details

Price:
$3,900,000
MLS #:
26643731
Status:
Active
Beds:
10
Baths:
8
Type:
Single Family
Neighborhood:
1belmontshoreparknaplesmarinapacbayhrbr
Listed Date:
Feb 3, 2026
Finished Sq Ft:
4,275
Total Sq Ft:
4,275
Lot Size:
5,257 sqft / 0.12 acres (approx)
Year Built:
1962
1 – Belmont Shore/park,naples,marina Pac,bay Hrbr1belmontshoreparknaplesmarinapacbayhrbr

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Schools

Interior

Cooling
NO
Heating
NO

Exterior

Parking Spots
10

Financial

Gross Operating Income
$306,000
Net Operating Income
$216,260

Map

Community

Market Summary

Current real estate data for Single Family in Long Beach as of Feb 14, 2026
654
Single Family Listed
54
Avg DOM
405
Avg $ / SqFt
$957,782
Avg List Price

Property Summary

    16 38th PL Long Beach CA is a Single Family for sale in Long Beach, CA, 90803. It is listed for $3,900,000 and features 10 beds, 8 baths, and has approximately 4,275 square feet of living space, and was originally constructed in 1962. The current price per square foot is $912. The average price per square foot for Single Family listings in Long Beach is $405. The average listing price for Single Family in Long Beach is $957,782.

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