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433-439 W 9th St 4 Unit Apartment Building $1,785,714 CAD ($446,429 CAD/Unit) 6.69% Cap Rate Long Beach, CA 90813

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INVESTMENT HIGHLIGHTS

  • location
  • great curb appeal
  • large units

EXECUTIVE SUMMARY

Nestled in the vibrant heart of Downtown Long Beach’s historic Willmore District, 433 W 9th Street presents a rare opportunity to acquire a classic four-unit building with exceptional upside. Each of the four spacious units offers a well-designed 4-bedroom, 1-bathroom layout, averaging approximately 1,254 sq. ft. (buyer to verify), providing generous living spaces ideal for families, shared housing, or long-term tenants.
Built in 1923, this two-story property showcases timeless early 20th-century architecture, with large interiors filled with natural light and original details that speak to its heritage. The building has been under long-term ownership and is well maintained, yet offers significant value-add potential through strategic updates and rental repositioning. Current rents are well below market, presenting a clear path for increased income for the savvy investor.
The property includes two on-site garages plus two additional tandem parking spaces, offering four total off-street spots—an added convenience in this bustling urban location. With close proximity to public transit, freeways, shopping, dining, and the rapidly growing Downtown Long Beach core, the location supports strong tenant demand and long-term appreciation.
This offering is part of a larger 6-building, 58-unit portfolio, giving investors the unique opportunity to purchase individually or scale into a significant footprint in one of Long Beach’s most dynamic neighborhoods.
Whether you’re looking to expand your multifamily portfolio, complete a 1031 exchange, or secure a high-potential income property in a coastal growth market, 433 W 9th Street is a standout opportunity not to be missed.

FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income - -

FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual -
Annual Per SF -

PROPERTY FACTS

Price $1,785,714 CAD
Price Per Unit $446,429 CAD
Sale Type Investment
Cap Rate 6.69%
Gross Rent Multiplier 11
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.11 AC
Building Size 5,018 SF
Average Occupancy 100%
No. Stories 2
Year Built 1939
Parking Ratio 0.4/1,000 SF
Opportunity Zone Yes
Zoning LBPD10

AMENITIES

UNIT AMENITIES

  • Air Conditioning

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
4+1 4 $3,388 CAD 1,250
Walk Score®
Very Walkable (87)
Bike Score®
Biker's Paradise (90)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
7272-010-019
Land Assessment
$187,470 CAD
Improvements Assessment
$264,547 CAD
Total Assessment
$452,017 CAD
  • Listing ID: 36095262

  • Date on Market: 2025-06-03

  • Last Updated:

  • Address: 433-439 W 9th St, Long Beach, CA 90813

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