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405 W 9th Street

Long Beach, CA 90813
  • $1,350,000
  • STATUS: Active
  • ON SITE: 94 Days
  • MLS #: PW24248729
Price Reduced
UPDATED: 54 min ago
$1,350,000
  • 0
    BEDS
  • 0.1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1938
County:

School Ratings & Info

Listing Agent(s): Augustin Joo of California Bridge Realty (714-334-1281)


Description

A Beautiful historical Victorian style fourplex in Long Beach downtown area. An Excellent income producing property consist of two (2 ) 1 bedroom + 1 Bath and one (1) 2 bedrooms+1 bath with an extra attic space and a Beautiful 3 bedrooms+ 2 bath space with 2 enclosed patio room . All units are remodeled in 2018. And New roofing was done back in 2020 through-out the property. This Property is situated on the corner of W. 9th St. and Chestnut Ave. in the heart of Long Beach downtown area 1.3 miles from the famous Aquarium of the Pacific and exactly one mile north of the Long Beach city Hall.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-04-20T10:32:33.427. 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 deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
www.theziagroup.com/homes/159476102
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405 W 9th Street Long Beach, CA 90813

  • Price: $1,350,000
  • Status: Active
  • On Site: 94 Days
  • Updated: 54 min ago
  • MLS #: PW24248729
0
Beds
0
Baths
0
½ Baths
0.1
Acres
1938
Built
Neighborhood:
Downtown (Dt)
County:
Los Angeles
Area:
4 - Downtown Area, Alamitos Beach
Property Description
A Beautiful historical Victorian style fourplex in Long Beach downtown area. An Excellent income producing property consist of two (2 ) 1 bedroom + 1 Bath and one (1) 2 bedrooms+1 bath with an extra attic space and a Beautiful 3 bedrooms+ 2 bath space with 2 enclosed patio room . All units are remodeled in 2018. And New roofing was done back in 2020 through-out the property. This Property is situated on the corner of W. 9th St. and Chestnut Ave. in the heart of Long Beach downtown area 1.3 miles from the famous Aquarium of the Pacific and exactly one mile north of the Long Beach city Hall.
Exterior Features

Architectural Style Victorian Entry Level 1 Entry Location ground level with/mid level step Lot Features 2-5 Units/Acre Number Of Separate Electric Meters 4 Parking Features On Street Parking Total 0 Pool Features None Pool Private YN No Property Attached YN Yes Spa Features None Spa YN No

Interior Features

Common Walls 2+ Common Walls Fireplace Features None Fireplace YN No Flooring CarpetLaminate

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Cap Rate 4.8 Common Interest None Community Features Curbs Contingency The sale is contingent upon the seller find a 1031 exchange property. The interior inspection shall be permitted after the seller's acceptance of the offer. Current Financing Conventional Electric Expense 1200 Exclusions All mineral right under the property Fuel Expense 700 Garage YN No Gross Income 99000 Gross Scheduled Income 99000 Insurance Expense 3000 Land Lease YN No Laundry Features None Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New Loan1031 Exchange Maintenance Expense 3000 Net Operating Income 64500 New Construction YN No Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Operating Expense 34500 Other Expense 17260 Pest Control Expense 1200 Property Sub Type Quadruplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tax Annual Amount 16875 Tenant Pays ElectricityGas Trash Expense 0 Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Water Sewer Expense 7200 Water Source Public Zoning LBPD10



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-04-20T10:32:33.427. 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 deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
 
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The Zia Group | eXp Realty
10 E Yanonali St #11
Santa Barbara CA, 93101
Listing Agent(s): Augustin Joo of California Bridge Realty (714-334-1281)