Log In/Sign Up
Your email has been sent.
12 W Pleasant St
Long Beach, CA 90805
Multifamily Property For Sale
·
6 Units
Investment Highlights
- Updated interiors in select units with quartz counters and vinyl plank flooring.
- All units separately metered for gas, water, and electricity.
- Rent control in place with pro forma rents offering upside potential.
- Strong rental demand in North Long Beach with proximity to retail and transit.
- Assigned off-street parking for each unit.
- Community laundry room for tenant convenience.
Executive Summary
Located in the heart of North Long Beach, 12 W Pleasant Ave presents a compelling opportunity for investors seeking stable cash flow with upside potential. This well-maintained 6-unit multifamily property spans approximately 3,100 square feet on a 6,561 square foot lot and features six 1-bedroom, 1-bathroom units. Several units have been thoughtfully updated with quartz countertops, dual-pane windows, vinyl plank flooring, and ceiling fans, enhancing tenant appeal and reducing future renovation costs.
Positioned near the intersection of Del Amo Blvd and Long Beach Blvd, the property benefits from strong connectivity to major freeways, public transit, and nearby retail corridors. Tenants enjoy proximity to shopping, dining, schools, and parks, making this a high-demand rental location. Each unit includes assigned off-street parking, and the building offers community laundry facilities. This is a rare chance to acquire a turnkey asset in a dense rental market with long-term growth fundamentals. Drive-by only—please do not disturb tenants. Offers and inquiries may be directed to Cindy De Los Santos at yourrealtorforlifecindy@gmail.com.
Positioned near the intersection of Del Amo Blvd and Long Beach Blvd, the property benefits from strong connectivity to major freeways, public transit, and nearby retail corridors. Tenants enjoy proximity to shopping, dining, schools, and parks, making this a high-demand rental location. Each unit includes assigned off-street parking, and the building offers community laundry facilities. This is a rare chance to acquire a turnkey asset in a dense rental market with long-term growth fundamentals. Drive-by only—please do not disturb tenants. Offers and inquiries may be directed to Cindy De Los Santos at yourrealtorforlifecindy@gmail.com.
Property Facts
| Price Per Unit | $347,567 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.15 AC |
| Cap Rate | 4.31% | Building Size | 3,100 SF |
| No. Units | 6 | Average Occupancy | 98% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1955 |
| Apartment Style | Low-Rise | Parking Ratio | 1.94/1,000 SF |
| Zoning | LBR3T | ||
| Price Per Unit | $347,567 CAD |
| Sale Type | Investment |
| Cap Rate | 4.31% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 3,100 SF |
| Average Occupancy | 98% |
| No. Stories | 2 |
| Year Built | 1955 |
| Parking Ratio | 1.94/1,000 SF |
| Zoning | LBR3T |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | - | 516 |
Property Taxes
| Parcel Number | 7133-034-031 | Improvements Assessment | $132,192 CAD |
| Land Assessment | $49,543 CAD | Total Assessment | $181,736 CAD |
Property Taxes
Parcel Number
7133-034-031
Land Assessment
$49,543 CAD
Improvements Assessment
$132,192 CAD
Total Assessment
$181,736 CAD
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
