- 4 Beds
- 3 Baths
- .29 Acres
- 58 DOM
1075 E South
We are pleased to present 1075 E. South Street, a 1987 constructed 18 unit building to market in the city of Long Beach. The property features an all two bedroom unit mix with units averaging approximately 868 square feet each with balconies in select units. Current operations deliver a strong 6.37% cap rate and a 10.01 GRM based on existing rents, while still offering approximately 20% upside in gross rental income to market. The property has fully gated and secured parking for 25 spaces in addition to three secure storage spaces in the garage area. Attractive market financing options exist that could potentially boost a cash on cash return of 7% with a 30% down payment (buyer to verify). Situated on a quiet residential street in a solid North Long Beach location, the property combines stable current income, future rent growth potential, and a desirable neighborhood setting.
Essential Information
- MLS® #PW26036911
- Price$4,500,000
- Bedrooms4
- Bathrooms3.00
- Acres0.29
- Year Built1987
- TypeResidential Income
- Sub-TypeApartment
- StatusActive Under Contract
Community Information
- Address1075 E South
- Area7 - North Long Beach
- SubdivisionNorth Long Beach (NLB)
- CityLong Beach
- CountyLos Angeles
- Zip Code90805
Amenities
- Parking Spaces25
- # of Garages25
- PoolNone
Interior
- # of Stories3
Exterior
- Lot DescriptionLandscaped
Additional Information
- Date ListedFebruary 16th, 2026
- Days on Market58
Listing Details
- AgentJackson Jorgensen
- OfficeYounglewin Advisors, Inc.
Price Change History for 1075 E South, Long Beach, (MLS® #PW26036911)
| Date | Details | Change |
|---|---|---|
| Status Changed from Active to Active Under Contract | – |
Jackson Jorgensen, Younglewin Advisors, Inc..
Based on information from California Regional Multiple Listing Service, Inc. as of April 17th, 2026 at 4:42pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.