Property Details
About this Property
426 E. 17th Street is a well-maintained bungalow-style apartment property located in the heart of Long Beach with (9) units plus (1) non-conforming unit. Priced at a 6.44%cap rate and 9.91 GRM based on current rents, the asset offers strong in-place income with additional upside. The property consists of (4) 1-bed/1-bath units (includes one non-conforming unit), (4) studio units, and two newly constructed accessory dwelling units: (1) 1-bed/1-bath ADU and (1) studio ADU, both completed in 2024/2025. Five of the 10 units have been fully renovated with modern flooring, updated kitchens and bathrooms, and designer fixtures and finishes. Additional property highlights include new electrical panels and a classic bungalow layout that appeals to tenants seeking charm and privacy. Ideally located, the property boasts a Walk Score of 84—“Very Walkable”—with most daily errands easily accomplished on foot. Additionally, the property is just a four-minute walk to the Metro A Line (Blue) at the Pacific Coast Hwy Station, offering convenient transit access throughout Long Beach and the greater Los Angeles area.
MLS Listing Information
MLS #
CRPW25135860
MLS Source
California Regional MLS
Days on Site
32
Interior Features
Laundry
None
Parking, School, and Other Information
Garage/Parking
No Parking, Garage: 0 Car(s)
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 3 | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
426 E 17th St is a Residential Income in Long Beach, CA 90813. This – square foot property sits on a 7,427 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,800,000 and was built in 1923. This address can also be written as 426 E 17th St, Long Beach, CA 90813.
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This listing information is up-to-date as of June 26, 2025. For the most current information, please contact Robert Stepp, (310) 774-3740
