405 E. Esther Street is a well-maintained, cash-flowing seven-unit multifamily asset located in a desirable Long Beach neighborhood with strong rental demand. The property features a highly attractive unit mix comprised of one (1) spacious 6BD/2BA unit, three (3) 3BD/1BA units, two (2) 2BD/1BA units, and one (1) 1BD/1BA unit. The property also has a driveway with three parking spaces. Fully occupied with long-term, reliable residents, the investment offers immediate, durable income for new ownership while still providing the opportunity to capture significant rental upside through natural turnover and strategic renovations. The property presents an ideal blend of in-place stability and value-add potential in one of Southern California’s most consistent and resilient rental markets.
AGENT: Douglas Steinriede LISTING BROKERAGE: Dover Management Corp.
Courtesy of Dover Management Corp.. 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. 405 E Esther ST
Long Beach, CA
Property Details
Price:
$1,925,000
MLS #:
25630311
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Neighborhood:
9polyhigh
Listed Date:
Dec 30, 2025
Finished Sq Ft:
4,252
Total Sq Ft:
4,252
Lot Size:
6,752 sqft / 0.16 acres (approx)
Year Built:
1923
9 – Poly High9polyhigh
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Schools
Interior
Cooling
NO
Heating
WL
Interior Features
CF
Levels
U
Exterior
Financial
Gross Operating Income
$168,517
Net Operating Income
$122,437
Map
Community
- Address405 E Esther ST Long Beach CA
- CityLong Beach
- CountyLos Angeles
- Zip Code90813
