Skip main navigation
Under contract
    • Listed by: Sky View Real Estate • Dara Chay • Contact: 562-761-2777
    $1,295,888

    1651 E South St, Long Beach, CA 90805

    2beds
    9baths
    3,480sqft
    : 
    $8,747/mo
    Get pre-qualified
    Multi Family
    Built in 1954
    -- sqft lot
    $-- Zestimate®
    $372/sqft
    $-- HOA

    What's special

    Exceptional Value-Add Investment Opportunity! This well-maintained 9-unit apartment property offers stable cash flow, strong rental demand, and significant upside potential in a highly desirable rental market. The property consists of a charming standalone 2-bedroom, 1-bath home at the front and a separate two-story building featuring eight studio units, with four units on each level. Six of the nine units have already been tastefully renovated, allowing a new owner to continue the renovation program and capture additional rental upside. With below-market rents, consistently low vacancy, and all units fully occupied, this asset presents an outstanding opportunity to increase income while benefiting from immediate cash flow. Ideally situated directly across from Harte Elementary School and just minutes from Lakewood Center, Long Beach Exchange, major retailers, restaurants, parks, and convenient freeway access, the property is located in a prime rental location that continues to attract long-term tenants. Whether you're looking to expand your portfolio with a turnkey investment offering immediate returns or seeking a value-add asset with long-term appreciation and income growth potential, this property checks all the boxes.
    55 days
    |
    65
    |
    0
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Dara Chay DRE #01217793 562-761-2777,

    Sky View Real Estate

    Source: CRMLS,MLS#: PW26128325MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 9
      Heating
      • Wall Furnace
      Cooling
      • None
      Appliances
      • Included: Gas Range
      • Laundry: Common Area
      Features
      • Flooring: Vinyl
      • Has fireplace: No
      • Fireplace features: None
      • Common walls with other units/homes: 2+ Common Walls
      Interior area
      • Total structure area: 3,480
      • Total interior livable area: 3,480 sqft

      Property

      Parking
      • Total spaces: 4
      • Parking features: Paved
      • Uncovered spaces: 4
      Features
      • Levels: Two
      • Stories: 2
      • Entry location: Front
      • Exterior features: TV Antenna
      • Pool features: None
      • Spa features: None
      • Fencing: Wood
      • Has view: Yes
      • View description: None
      Lot
      • Size: 5,378 Square Feet
      • Features: Near Park, Paved, Rectangular Lot, Street Level
      Details
      • Parcel number: 7123017001
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      • Attached to another structure: Yes
      Materials
      • Stucco
      • Roof: Composition,Shingle
      Condition
      • Repairs Cosmetic
      • New construction: No
      • Year built: 1954

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

      Community & HOA

      Community
      • Features: Curbs, Park
      • Subdivision: North Long Beach (Nlb)
      Location
      • Region: Long Beach

      Financial & listing details

      • Price per square foot: $372/sqft
      • Tax assessed value: $811,238
      • Annual tax amount: $12,378
      • Date on market: 6/12/2026
      • Cumulative days on market: 56 days
      • Listing terms: Cash,Cash to Existing Loan,Conventional,1031 Exchange
      • Exclusions: Personal properties of the tenants.
      • Total actual rent: 9820
      • Tenant pays: Electricity
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,881/mo

        Price history

        DateEventPrice
        7/13/2026Contingent$1,295,888$372/sqft
        Source: CRMLS #PW26128325 Report a problem
        6/12/2026Listed for sale$1,295,888+92%$372/sqft
        Source: CRMLS #PW26128325 Report a problem
        9/5/2014Sold$675,000$194/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$12,378 +4.5%$811,238 +2%
        2024$11,845 +2%$795,333 +2%
        2023$11,613 +6.3%$779,739 +2%
        2022$10,927 +2.4%$764,451 +2%
        2021$10,667 +0.2%$749,462 +1%
        2020$10,641 $741,778 +2%
        2019$10,641 +4.1%$727,235 +2%
        2018$10,223 $712,977 +2%
        2017$10,223 +1.1%$698,998 +2%
        2016$10,109 +7.1%$685,293 +1.5%
        2015$9,440 +251.4%$675,000 +567.3%
        2014$2,686 $101,147 +4.5%
        2011-- $96,784
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.
        Get pre-qualified

        Climate risks

        Neighborhood: North Long Beach

        Getting around

        76 / 100
        Very Walkable
        40 / 100
        Some Transit
        69 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts

        Similar homes

          1. Local buyer's agents are ready to help

            Nearby cities

            Nearby neighborhoods

            Nearby zip codes

            Other Long Beach Topics

              Search
              Updates
              Favorites
              Plan
              Inbox