2922 E 15th Street, Long Beach, California image 1
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2922 E 15th Street

Long Beach, CA 90804
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$1,200,000 $5,059/Mo
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Bed 7

Bed

Bath 4

Bath

SqFt5,008

Sqft(Lot)

Traffic circle adjacent, 6-unit apartment building in which $156,500 has been spent on capital improvements over the last year. These improvements include a new roof (May 2026), sewer work and installation of a sewer clean out, renovated laundry room including the purchase of 3 washing machines and 3 dryers, exterior dawn to dusk lighting, addition of coded locks on the gates, and a fully renovated 2-bedroom unit. The renovation of this unit includes the following new items: mini split providing heat and air conditioning, kitchen cabinets, counters and appliances, luxury vinyl flooring, windows and blinds, lighting fixtures, and beautifully remodeled bathroom. The desirable unit mix includes 5 - 2 bedroom/1 bathroom units and 1-1 bedroom/1 bathroom unit. There are 5 tandem parking spots be hind the building providing parking for up to 10 cars depending on vehicle size. The cap rate is approximately 6% and the GRM is approximately 10 - these numbers were calculated using the actual rents for the 4 occupied units and pro forma rents for the two vacant units.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,200,000

AD Id : 89183885

MLS Id : PW26171369

Beds : 7

Lot Size : 5,008 Sqft

Year Built : 1960

County : Los Angeles

Subdivision: Miami Suburban Acres

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Feature Features

  • Interior Features

    Roof: Flat
    Laundry Features: LaundryRoom, Outside

  • Heating & Cooling

    Has Heating: Yes Heating: SeeRemarks, WallFurnace Has Cooling: Yes Cooling: SeeRemarks

  • Building Information

    Year Built: 1960
    Building Area Total: 3950
    Construction Materials: Stucco
    Stories: 2
    Pool Features: None
    Private Pool: No
    View: None

  • Exterior Features

    Exterior Features: Lighting

  • Lot Information

    Main Square Feet: 5008 Lot Size Acres: 0.115 Lot Size Source: Assessor Lot Size Square Feet: 5,008 Lot Description: FrontYard,NearPublicTransit,RectangularLot,StreetLevel

    Property Information

    Subdivision: Circle (CA) Source Property Type: ResidentialIncome Property SubType: Apartment Levels: Two Property Age: 66

  • Listing Price Information

    Listing Price: $1200000
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  • Tax Information

    Parcel Number: 7259025012 Tax Lot: 11

  • Utility Information

    ElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected

  • Location Information

    Direction: Property is located on 15th between Orizaba and Temple WaterSource: Public Security Features: CarbonMonoxideDetectors,KeyCardEntry,SmokeDetectors
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
3822 E 7th Street, Long Beach, CA, 90804 $1,525,000 6 5 --
1776 Temple, Long Beach, CA, 90804 $2,450,000 16 16 --
2123 E 7th, Long Beach, CA, 90804 $1,325,000 3 2 --

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The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/18/2026 @ 09:00

MLS: PW26171369 LISTED BY: Kendra Miller, Keller Williams Coastal Prop. 562-961-1400 SOURCE: CRMLS

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