- 2 Beds
- 7 Baths
- .12 Acres
- 97 DOM
1651 E South
Exceptional Value-Add Investment Opportunity! This well-maintained 9-unit apartment property offers stable cash flow, strong rental demand, and significant upside potential in a highly desirable rental market. The property consists of a charming standalone 2-bedroom, 1-bath home at the front and a separate two-story building featuring eight studio units, with four units on each level. Six of the nine units have already been tastefully renovated, allowing a new owner to continue the renovation program and capture additional rental upside. With below-market rents, consistently low vacancy, and all units fully occupied, this asset presents an outstanding opportunity to increase income while benefiting from immediate cash flow. Ideally situated directly across from Harte Elementary School and just minutes from Lakewood Center, Long Beach Exchange, major retailers, restaurants, parks, and convenient freeway access, the property is located in a prime rental location that continues to attract long-term tenants. Whether you're looking to expand your portfolio with a turnkey investment offering immediate returns or seeking a value-add asset with long-term appreciation and income growth potential, this property checks all the boxes.
Essential Information
- MLS® #PW26128325
- Price$1,295,888
- Bedrooms2
- Bathrooms7.00
- Acres0.12
- Year Built1954
- TypeResidential Income
- Sub-TypeApartment
- StatusActive Under Contract
Community Information
- Address1651 E South
- Area7 - North Long Beach
- SubdivisionNorth Long Beach (NLB)
- CityLong Beach
- CountyLos Angeles
- Zip Code90805
Amenities
- Parking Spaces4
- ParkingPaved
- GaragesPaved
- ViewNone
- PoolNone
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Interior
- InteriorVinyl
- AppliancesGas Range
- HeatingWall Furnace
- CoolingNone
- FireplacesNone
- # of Stories2
- StoriesTwo
Exterior
- ExteriorStucco
- Exterior FeaturesTV Antenna
- RoofComposition, Shingle
- ConstructionStucco
Lot Description
Paved, Near Park, Rectangular Lot, Street Level
Additional Information
- Date ListedJune 12th, 2026
- Days on Market97
Listing Details
- AgentDara Chay
- OfficeSky View Real Estate
Price Change History for 1651 E South, Long Beach, (MLS® #PW26128325)
| Date | Details | Change |
|---|---|---|
| Status Changed from Active to Active Under Contract | – |
Dara Chay, Sky View Real Estate.
Based on information from California Regional Multiple Listing Service, Inc. as of September 17th, 2026 at 12:55am 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.