We are pleased to present 870 W 19th Street, a 7 unit multifamily investment opportunity located on a corner lot in a quiet, family-oriented residential community of Long Beach. Built in 1953, this two-story, walk-up style apartment building features a well-balanced unit mix consisting of four (4) one-bedroom/one-bathroom units and three (3) two-bedroom/one-bathroom units. Encompassing approximately 5,100 rentable square feet on a 6,565 square foot lot, the property includes three (3) garages currently used for storage, offering potential for future ADU conversion, five surface parking spaces, and the on-site laundry facility provides an additional income stream. The property has undergone significant capital improvements, including new windows, exterior paint, upgraded balcony railing, water heater, and a roof replacement in 2016. The property presents a unique opportunity to acquire a well-maintained pride of ownership building with over 25% rental upside potential while offering low operating expenses, strong in-place income, and future upside through rental repositioning in the high demand rental market of Long Beach.
Property Details
Price:
$1,625,000
MLS #:
25534083
Status:
Active
Baths:
0
Address:
870 W 19th Street
Type:
Residential Income
Neighborhood:
5wrigleyarea
City:
Long Beach
Listed Date:
May 4, 2025
State:
CA
ZIP:
90806
Lot Size:
6,565 sqft / 0.15 acres (approx)
Year Built:
1953
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Schools
Interior
Cooling
None
Heating
Wall Furnace
Exterior
Garage Spaces
3.00
Parking Features
Garage – Single Door
Parking Spots
8.00
Stories Total
2
Financial
Map
Community
- Address870 W 19th Street Long Beach CA
- Area5 – Wrigley Area
- CityLong Beach
- CountyLos Angeles
- Zip Code90806
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870 W 19th Street
Long Beach, CA
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