3366 E 1st

Share this listing

Pre-formatted captions, a short link, and a QR code β€” ready to paste.

Share image
Sized for LinkedIn Β· 1200Γ—627 β€” matches the caption above.
Rendering preview…

3366 E 1st

Long Beach, CA 90803
Asking Price
$1.79M
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily apartment building available for purchase in Long Beach
  • Asset features a total of three individual residential units
  • Asking price for this investment property is 1,795,000 dollars
  • Located within the established 90803 ZIP code of California
  • Positioned within a dense and active Southern California submarket

What's Special

This multifamily property for sale in Long Beach is a practical acquisition for investors looking to expand their portfolio in a coastal Southern California market. The apartment building consists of 3 units situated in the 90803 ZIP code area. Long Beach continues to serve as a significant economic hub, characterized by its dense population and proximity to major logistics and industrial centers. Given the asset type and unit count, this property is well-suited for a buyer seeking a small-scale residential income generator in a mature urban neighborhood. The location offers access to the amenities and lifestyle benefits associated with this established metro area, which maintains consistent rental demand due to its central location between Los Angeles and Orange County. Ownership of this multifamily site provides an entry point into a competitive rental market known for its long-term stability. The property functions as a straightforward residential investment, ideal for those targeting the Southern California apartment sector.

Free Valuation Calculator

No login required

Run the numbers on this deal. All calculations are estimates β€” verify with your lender and accountant.

NOI
$80,000
Cap Rate
4.46%
DSCR
0.75
Underwater
Cash-on-Cash
-4.93%
Monthly Payment
$8,880.681
Annual Cash Flow
$-26,568.167

Location & Travel Times