Profit-Driven Investment Opportunity at 1734 E. Erie St., Long Beach. This well-maintained and professionally managed 7-unit property, built in 1987, features an efficient and desirable unit mix of five 2-bedroom, 2.5-bath townhouse-style residences and two sizable 1-bedroom, 1-bath units, ideal for capturing a broad tenant base and strong rental demand. Recent capital improvements, including a brand-new roof and completed balcony inspection with repairs, significantly reduce near-term expenses and provide investors with stability and predictable cash flow. Tenants will enjoy seven covered on-site parking spaces in a private, gated garage, a premium convenience in Long Beach. Nestled in the residential Alamitos Beach neighborhood , the property is just blocks from Carrol Park and Alamitos beach, offering easy coastal access. Estimated walking or biking time to the waterfront is likely under 10 minutes, making it highly appealing for tenants seeking a beach-adjacent lifestyle. The location also delivers vibrant urban convenience just minutes from the boutique restaurants and eclectic shops along Retro Row and 4th Street. Situated within a charming neighborhood primarily composed of single-family homes, this offering combines tenant lifestyle appeal with consistent, long-term rental demand and strong appreciation potential.
Sold for $1,925,000
Listed by: Keller Williams Pacific Estate • Jessica Panzica • Contact: 714-313-8193
Bought with: Keller Williams Pacific Estate
$1,925,000
1734 E Erie St, Long Beach, CA 90802
12beds
17baths
5,840sqft
Multi Family
Built in 1987
-- sqft lot
$1,936,400 Zestimate®
$330/sqft
$2,713 Estimated rent
Home value
$1,936,400
$1.76M - $2.13M
$2,713/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Jessica Panzica DRE #01854556 714-313-8193,
Keller Williams Pacific Estate
Bought with:
Jessica Panzica, DRE #01854556
Keller Williams Pacific Estate
Source: CRMLS,MLS#: PW25200466
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 17
Rooms
- Room types: Bedroom, Other
Bedroom
- Features: All Bedrooms Up
Other
- Features: Walk-In Closet(s)
Heating
- Central
Cooling
- None
Appliances
- Included: Free-Standing Range, Refrigerator
- Laundry: Common Area
Features
- Ceiling Fan(s), All Bedrooms Up, Walk-In Closet(s)
- Flooring: Carpet, Vinyl
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 5,840
- Total interior livable area: 5,840 sqft
Property
Parking
- Total spaces: 7
- Parking features: Electric Gate, Garage, Garage Door Opener, Paved, Pull-through, Community Structure
- Garage spaces: 7
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Entry location: 2
- Exterior features: Awning(s)
- Pool features: None
- Fencing: Average Condition
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 5,205 Square Feet
- Features: Rectangular Lot
Details
- Parcel number: 7275014006
- Zoning: LBR1N
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Stucco, Wood Siding
- Roof: Composition,Flat,Rolled/Hot Mop
Condition
- New construction: No
- Year built: 1987
Utilities & green energy
- Electric: Electricity - On Property, Unknown
- Sewer: Sewer Tap Paid
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected
Community & HOA
Community
- Features: Street Lights, Suburban, Urban
- Security: Security Gate
- Subdivision: Alamitos Beach (Ab)
Location
- Region: Long Beach
Financial & listing details
- Price per square foot: $330/sqft
- Date on market: 9/5/2025
- Cumulative days on market: 14 days
- Listing terms: Cash,Cash to Existing Loan,Conventional,1031 Exchange
- Total actual rent: 14365
- Tenant pays: Electricity
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 11/21/2025 | Sold | $1,925,000+1.3%$330/sqft |
Source:  CRMLS #PW25200466 Report a problem | ||
| 9/20/2025 | Pending sale | $1,900,000$325/sqft |
Source: CRMLS #PW25200466 Report a problem | ||
| 9/5/2025 | Listed for sale | $1,900,000$325/sqft |
Source: CRMLS #PW25200466 Report a problem | ||
| 5/25/2022 | Listing removed | -- |
Source: Zillow Rental Network Premium_1 Report a problem | ||
| 5/18/2022 | Listed for rent | $1,700+6.3% |
Source: Zillow Rental Network Premium_1 Report a problem | ||
| 10/15/2020 | Listing removed | $1,600-11.1% |
Source: Berro Management Company, Inc. Report a problem | ||
| 9/18/2020 | Listed for rent | $1,800+5.9% |
Source: Berro Management Company, Inc. Report a problem | ||
| 4/25/2020 | Listing removed | $1,700 |
Source: Berro Management Company, Inc. Report a problem | ||
| 4/9/2020 | Price change | $1,700-5.6% |
Source: Berro Management Company, Inc. Report a problem | ||
| 3/25/2020 | Listed for rent | $1,800 |
Source: Berro Management Company, Inc. Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Alamitos Beach
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Nearby schools
GreatSchools rating
- 7/10Burbank Elementary SchoolGrades: K-5Distance: 0.4 mi
- 4/10Franklin Classical Middle SchoolGrades: 6-8Distance: 0.5 mi
- 7/10Polytechnic High SchoolGrades: 9-12Distance: 1.4 mi
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Estimated market value
$1,936,400
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Estimated market value
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