PRICED TO SELL. 8.5 GRM AND 7.3% CAP WITH UPSIDE TO A 8.1 GRM AND 7.9% CAP. 11 units in Long Beach NOT subject to local rent control, only subject to AB 1482 rent control – maximum annual increase of 5% + CPI (you can increase 8.0% this year). The property is professionally managed and well-maintained. The property is MASTER METERED for all utilities and as such, there is an opportunity for a new owner to either implement a RUBS program or increase rents to cover these costs. Electrical updated in the past 3 years. Qualified Buyers can put as little as 25% down and earn over a 13% cash on cash return against in-place rents.
AGENT: Jonathan Swire LISTING BROKERAGE: The Agency
Courtesy of The Agency. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Agency RE include the name of the listing broker. Neither the listing company nor The Agency RE shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 1377 Warren AV
Long Beach, CA
Property Details
Price:
$1,627,000
MLS #:
26640863
Status:
Active
Beds:
4
Baths:
11
Type:
Single Family
Neighborhood:
9polyhigh
Listed Date:
Jan 22, 2026
Finished Sq Ft:
4,944
Total Sq Ft:
4,944
Lot Size:
5,700 sqft / 0.13 acres (approx)
Year Built:
1922
9 – Poly High9polyhigh
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Schools
Interior
Cooling
NO
Heating
WL
Levels
S
Exterior
Financial
Gross Operating Income
$186,000
Net Operating Income
$122,000
Map
Community
- Address1377 Warren AV Long Beach CA
- CityLong Beach
- CountyLos Angeles
- Zip Code90813
