1222 E 10th Street, Long Beach, CA 90813

$1,630,000

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Sold Price
$1,630,000
List Price
$1,695,000
Closing Date
Dec 04, 2025
Status
CLOSED
MLS#
PW25198017
Year Built
1923
Lot Size
5,854
Acres
0.13
Lot Location
0-1 Unit/Acre
Days on Market
13
Property Type
Multifamily
Property Sub Type
Apartment
Stories
One Level

Property Description

1222 E 10th St., Long Beach represents an excellent opportunity for cash flow and upside within a centrally located, straight forward "Bread and butter" asset. Consisting of nicely sized (6) Studio-1 bath and (4) 1 Bed-1 bath units, the property has a consistently high occupancy rate. 5 of 10 units are currently eligible for rent increases Unit interiors have been upgraded as well as the electrical system converted to separate meters and subpanels with capacity for expansion in each unit. The building exterior has just been cleaned, preserved and painted. There is potential to add a laundry room in a large water heater/ store room at the rear of the property (Buyer to verify)

Additional Information

Pool Description
None
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
10
Gross Scheduled Income
$165,000
Operating Expense
52162

Listing courtesy of Listing Agent: Eric Christopher (ericjchris@yahoo.com) from Listing Office: WSC Realty Advisors Inc..

Listing sold by Eric Christopher from WSC Realty Advisors Inc.

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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, 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.