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817 E New York, 
Long Beach, CA 90813

$1,250,000


Bed


Bath


-

Sq Ft


Multi-Family

Active

Listed by

Brett Lyon

Woody Stahl

Lyon Stahl Investment Real Estate, Inc.

Lyon Stahl Investment Real Est

Last updated:

October 9, 2025, 12:30 AM

MLS#

SB25234247

Source:

San Diego MLS via CRMLS

About This Home

817 E New York

817 E New York St presents a rare opportunity to acquire a 4-unit multifamily property in prime North Long Beach. Built in 1922, the asset consists of three separate buildings totaling 3,076 rentable square feet on a 6,802 square foot lot. The unit mix includes (1) 1-bed/1-bath and (3) 2-bed/1-bath units, offering strong rental appeal. Two of the 2-bed/1-bath units have been newly renovatedproviding an excellent owner-user opportunity or the ability to immediately capture market rents. At just $312,000 per unit, the property offers a low cost of entry and compelling fundamentals with a 4.97% CAP rate and 12.90 GRM on in-place income. Off-street parking is available for tenants, a valuable feature in this dense rental corridor. Centrally located with convenient access to the 91 and 710 freeways, 817 E New York St benefits from North Long Beachs steady population growth, ongoing infrastructure investment, and strong housing demand. For investors seeking day-one cash flow with clear upside potential, this is a highly attractive opportunity in one of Long Beachs most active rental markets.

Home Facts

Multi-Family

Price Summary

1,250,000

MLS #:

SB25234247

Last Updated:

October 9, 2025, 12:30 AM

Added:

a day ago


Finances & Disclosures

Finances

Price:

$1,250,000

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