$ 3,900,000
-
$3,900,000
Price -
10
Bed -
8
Bath -
4,275
SqFt
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About the Listing X82195 - C138326,MRM-SBJACOAAR
The Group CRE and Jacobson Investments of Lyon Stahl presents 16 38th Pl, a seven-unit multifamily investment located in a desirable coastal Long Beach rental pocket. Built in 1962, the property offers a rare opportunity to acquire an all-vacant asset, allowing a buyer to immediately execute lease-up, set market rents, and establish predictable cash flow without waiting for tenant turnover. The offering benefits from a durable 1BD / 2BD unit mix, an above-average parking ratio with 10 on-site spaces, and additional ancillary income potential. This is a clean stabilization-driven opportunity with clear NOI growth and long-term hold appeal. Contact the listing team for the Offering Memorandum, financials, and tour details.
Listing Highlights
Status
Active
Days on Site
0
Property Type
Multi-Family
MLS ®
26643731
Year Built
1962
Total Square Footage
4,275
Lot/Acreage
0.12
County
Los Angeles
Interior Details
- Bedrooms: 10
- Bathrooms: 8 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Parking Spaces: 10
- Lot Dimensions: 50x105
- Zoning: LBR4R
- Roof:
- Others:
- Sewer:
- Parking Features: Assigned,Controlled Entrance
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
16 38th Pl Long Beach, CA 90803
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