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16 Beds
8 Baths
5,254 sqft

$1,775,000

2212 E 15th Street, Long Beach CA, 90804

Price per sqft$337.84
Built in1960
Property size5,254 sqft
Property typeResidential
Listed by Taylor Avakian CA DRE# 02060040 with Lyon Stahl Investment Real Estate, Inc. 916-996-4421

Overview

Active

Listed Oct 16, 2026

Updated 17h ago

2212 E 15th St | 8-Unit Multifamily Investment, Long Beach. This 1960-built asset totals 5,256 SF on an 8,409 SF lot in Eastside Long Beach, between the Cherry Avenue corridor and Zaferia. It sits a few blocks north of Anaheim Street's restaurants and coffee shops and just south of Pacific Coast Highway retail and bus lines. The property features (8) 2BR/1BA units averaging 657 SF across a front and back building, with eight on-site parking spaces at a 1:1 ratio. Six of eight units are occupied at an average rent of $1,962, four of them already at the $1,995 market rent, and Units 1 and 2 are delivered vacant. Offered at $1,775,000 ($221,875/unit | $337.71/SF) with a 7.13% cap rate on scheduled rents and a 9.39 GRM, the real story is yield a 7%+ cap at a sub-$225K basis, with two units the buyer can lease or renovate on their own terms from close.

$11,809/mo

Est. mortgage payment based on a $1,775,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
26104748

Interior Features

Bedrooms
16
Bathrooms
8
Basement
No

Exterior Features

Lot Size
0.15 Acres

Other Property Details

55+/Senior Community
No
MLS provider logo

Listed by Taylor Avakian CA DRE# 02060040 with Lyon Stahl Investment Real Estate, Inc. 916-996-4421

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/28/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2026 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 10/28/2026 at 4:35 AM UTC Last Checked: 4:35 AM UTC

 

 

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