For sale
  • Listing Provided by: 

    Robert Stepp DRE #01456379 310-463-2916,

    Keller Williams Realty Downey

    Price cut: $180K (9/24)
    $1,575,000

    426 E 17th St, Long Beach, CA 90813

    4beds
    9baths
    5,270sqft
    : 
    Multi Family
    Built in 1923
    -- sqft lot
    $1,567,700 Zestimate®
    $299/sqft
    $-- HOA

    What's special

    Modern flooringClassic bungalow layoutDesigner fixtures and finishesUpdated kitchens
    426 E. 17th Street is a well-maintained bungalow-style apartment property located in the heart of Long Beach with (9) units plus (1) non-conforming unit. Priced at a 6.62%cap rate and 9.79 GRM based on current rents, the asset offers strong in-place income with additional upside. The property consists of (4) 1-bed/1-bath units (includes one non-conforming unit), (4) studio units, and two newly constructed accessory dwelling units: (1) 1-bed/1-bath ADU and (1) studio ADU, both completed in 2024/2025. Five of the 10 units have been fully renovated with modern flooring, updated kitchens and bathrooms, and designer fixtures and finishes. Additional property highlights include new electrical panels and a classic bungalow layout that appeals to tenants seeking charm and privacy. Ideally located, the property boasts a Walk Score of 84—“Very Walkable”—with most daily errands easily accomplished on foot. Additionally, the property is just a four-minute walk to the Metro A Line (Blue) at the Pacific Coast Hwy Station, offering convenient transit access throughout Long Beach and the greater Los Angeles area.
    113 days
    |
    128
    |
    8
    |
    • Loading
    • Loading