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405 E Esther Street

Long Beach, CA 90813
  • $1,925,000
  • STATUS: Active
  • ON SITE: 77 Days
  • ID#: 25630311
UPDATED: 64 min ago
$1,925,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,252
    SQFT
  • $453
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1923
County:

School Ratings & Info

Listing Agent(s): Douglas Steinriede of Dover Management Corp. (818-843-5200)


Description

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.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2026-03-10T20:32:48.25. 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 Realty ONE Group Empire. Licensed in the State of California, USA.
www.bestsocalhomesearch.com/homes/171538516
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405 E Esther Street Long Beach, CA 90813

  • Price: $1,925,000
  • Status: Active
  • On Site: 77 Days
  • Updated: 64 min ago
  • ID#: 25630311
0
Beds
0
Baths
0
½ Baths
0.16
Acres
4,252
SQFT
$453
$/SQFT
1923
Built
Neighborhood:
9 - Poly High
County:
Los Angeles
Area:
9 - Poly High
Property Description
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.
Exterior Features

Parking Features Driveway Parking Total 0

Interior Features

Cooling None Cooling YN No Heating Wall Furnace Heating YN Yes Interior Features Ceiling Fan(s)

Property Features

Association YN No Gross Income 168517 Levels Two Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 122437 New Construction YN No Senior Community YN No Special Listing Conditions Standard Zoning LBPD29



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-03-10T20:32:48.25. 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 Realty ONE Group Empire. Licensed in the State of California, USA.
 
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Realty ONE Group Empire
13330 Ranchero Rd. Ste 12
Oak Hills CA, 92344
Listing Agent(s): Douglas Steinriede of Dover Management Corp. (818-843-5200)