- 19 Beds
- 11 Baths
- ¼ Acres
- 163 DOM
1015 East 20th St
We are pleased to present the opportunity to acquire a well-performing 10-unit multifamily investment in the heart of Long Beach. Located at 1001–1015 E 20th Street, this asset offers a highly desirable mix of spacious 1, 2, and 3 bedroom units totaling approximately 9,641 rentable square feet on a 10,991 SF lot. This building has the lowest price per foot metric and the highest CAP rate metric on the market currently!! The building delivers immediate day-one cash flow with a current CAP rate of 7.33%, while significant upside remains through rental increases and a potential ADU addition via an existing structure. Pro forma projections push returns to a 9.27% CAP and over 21% cash-on-cash return. Additional features include gated parking lots for tenants and separate gas & electric meters, helping keep operating costs low. Property to be sold As-Is. Inquire for further details. Buyer to verify any and all information.
Essential Information
- MLS® #SB25120396
- Price$2,450,000
- Bedrooms19
- Bathrooms11.00
- Acres0.25
- Year Built1924
- TypeResidential Income
- Sub-TypeApartment
- StatusActive Under Contract
Community Information
- Address1015 East 20th St
- Area9 - Poly High
- SubdivisionPoly High (PH)
- CityLong Beach
- CountyLos Angeles
- Zip Code90806
Amenities
- Parking Spaces1
- # of Garages1
- PoolNone
Interior
- FireplacesNone
- # of Stories2
- StoriesTwo
Exterior
- Lot DescriptionZeroToOneUnitAcre
Additional Information
- Date ListedMay 29th, 2025
- Days on Market163
Listing Details
- AgentJohn Stiegler Ii
Office
Lyon Stahl Investment Real Estate, Inc.
Price Change History for 1015 East 20th St, Long Beach, (MLS® #SB25120396)
| Date | Details | Change |
|---|---|---|
| Status Changed from Active to Active Under Contract | – |
John Stiegler Ii, Lyon Stahl Investment Real Estate, Inc..
Based on information from California Regional Multiple Listing Service, Inc. as of November 10th, 2025 at 6:12pm PST. 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.