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1202 Myrtle

Long Beach, CA 90813
  • $1,100,000
  • STATUS: Active
  • ON SITE: 19 Days
  • ID#: SB26081763
$1,100,000
  • 0
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1957
County:

School Ratings & Info

Listing Agent(s): Takeshi Kida of Takeshi Kida (347-885-1669)


Description

This professionally managed apartment features five 1-bedroom units positioned in a high-convenience Long Beach location with five off-street parking spots for tenant use and a common area laundry room tucked at the rear, providing an opportunity for additional rental income. In close proximity to local dining, grocery stores, and cafes. The location is also ideal for those prioritizing health and wellness, with several medical facilities located nearby. Excitement is building for the neighborhood’s future, as the property sits just moments away from the upcoming retail development on Anaheim Ave, promising even more amenities and value to the area.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2026-05-10T00:37:38.39. 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 deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Empire Properties. Licensed in the State of California, USA.
www.inlandempiresold.com/homes/175578955
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1202 Myrtle Long Beach, CA 90813

  • Price: $1,100,000
  • Status: Active
  • On Site: 19 Days
  • ID#: SB26081763
0
Beds
0
Baths
0
½ Baths
0.15
Acres
1957
Built
Neighborhood:
Downtown (Dt)
County:
Los Angeles
Area:
4 - Downtown Area, Alamitos Beach
Property Description
This professionally managed apartment features five 1-bedroom units positioned in a high-convenience Long Beach location with five off-street parking spots for tenant use and a common area laundry room tucked at the rear, providing an opportunity for additional rental income. In close proximity to local dining, grocery stores, and cafes. The location is also ideal for those prioritizing health and wellness, with several medical facilities located nearby. Excitement is building for the neighborhood’s future, as the property sits just moments away from the upcoming retail development on Anaheim Ave, promising even more amenities and value to the area.
Exterior Features

Entry Level 1 Entry Location 1 Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 6 Open Parking Spaces 5 Parking Features AssignedUncovered Parking Total 5 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 2+ Common Walls Heating Wall Furnace Heating YN Yes

Property Features

Additional Parcels YN No Cap Rate 4.67 Common Interest Community Apartment Community Features Sidewalks Electric Expense 802 Fuel Expense 601 Garage YN No Gross Income 72 Gross Scheduled Income 92171 Insurance Expense 6017 Land Lease YN No Laundry Features Common Area Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventional Maintenance Expense 6000 Net Operating Income 51388 New Construction YN No New Taxes Expense 14998 Number Of Separate Gas Meters 6 Number Of Separate Water Meters 1 Operating Expense 38019 Other Expense 1000 Pest Control Expense 696 Property Sub Type Apartment Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGas Trash Expense 488 Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Vacancy Allowance 2765 Vacancy Allowance Rate 3 Water Sewer Expense 1092 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-05-10T00:37:38.39. 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 deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Empire Properties. Licensed in the State of California, USA.
 
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RE/MAX Empire Properties
street
Hemet CA, 92545
Listing Agent(s): Takeshi Kida of Takeshi Kida (347-885-1669)