Long Beach, CA 90806 870 W 19th Street

870 W 19th Street Long Beach, CA - Image 1870 W 19th Street Long Beach, CA - Image 2870 W 19th Street Long Beach, CA - Image 3
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870 W 19th Street Long Beach, CA - Image 4
Presented By: Kamfar Kyle Mirrafati with Matthews Real Estate Investment Services;
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# 25534083
  • 05/05/2025
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 10
  • Baths • 7
  • SQFT • 5,100
  • Garage • 3

Home Details

We are pleased to present 870 W 19th Street, a 7 unit multifamily investment opportunity located on a corner lot in a quiet, family-oriented residential community of Long Beach. Built in 1953, this two-story, walk-up style apartment building features a well-balanced unit mix consisting of four (4) one-bedroom/one-bathroom units and three (3) two-bedroom/one-bathroom units. Encompassing approximately 5,100 rentable square feet on a 6,565 square foot lot, the property includes three (3) garages currently used for storage, offering potential for future ADU conversion, five surface parking spaces, and the on-site laundry facility provides an additional income stream. The property has undergone significant capital improvements, including new windows, exterior paint, upgraded balcony railing, water heater, and a roof replacement in 2016. The property presents a unique opportunity to acquire a well-maintained pride of ownership building with over 25% rental upside potential while offering low operating expenses, strong in-place income, and future upside through rental repositioning in the high demand rental market of Long Beach.
Presented By: Kamfar Kyle Mirrafati with Matthews Real Estate Investment Services;

Interior Features for 870 W 19th Street

Bedrooms

Total Bedrooms10

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths7

Other Interior Features

LivingAreaSourceAssessor
Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NYes
Total Stories2

General for 870 W 19th Street

Additional Parcels Y/NNo
Attached Garage No
Cap Rate5.7
Carport Y/NNo
CityLong Beach
CoolingNone
CountyLos Angeles
DirectionsSee Google Maps
Electric On Property Y/NNo
Full Baths
Garage Spaces3.0
Garage Y/NYes
Gross Income142536.0
HOANo
HeatingWallFurnace
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet6565.0
Lot Size UnitsSquareFeet
MLS Area5 - Wrigley Area
MobileHomeRemainsYNNo
Net Operating Income92609.0
New ConstructionNo
Number Of Units Total7
Open Parking Spaces5.0
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Waterfront Y/NNo
Year Built1953
ZoningLBR1N

Exterior for 870 W 19th Street

Building Area Total5100.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.1507
Lot Size Area6565.0
Lot Size SourceAssessor
Number of Buildings1
Open Parking Y/NNo
Parking FeaturesDoorSingle, Garage
Private PoolNo
SpaNo
Total Parking8.0

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $1,625,000
MLS#25534083
List Date 05/05/2025
Property Type Multi-Family
Phone 714.742.6515
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