Property Details
About this Property
1045–1047 E New York Street presents a unique 4-unit investment opportunity in North East Long Beach, consisting of two separate parcels: a front single-family residence and a rear triplex. While the properties are being sold together, each has separate utilities and water meters and can be financed or sold independently, offering flexibility for both investors and owner-users. This layout creates potential for a buyer to live in the single-family home while holding or later selling the triplex as a separate investment. The unit mix includes a 2-bedroom, 1-bath single-family home with a 1-car garage and two tandem driveway spaces, and a rear triplex comprised of one 2-bedroom, 1-bath unit and two 1-bedroom, 1-bath units. The combined building area totals 1,811 square feet across a total lot size of 3,747 square feet, with 649 square feet allocated to the front home and 1,162 square feet to the rear triplex. The triplex is accessed from the alley and utilizes street parking. The property currently operates at a 4.72% CAP rate, with approximately 40% rental upside and a projected market CAP rate of 7.57%. Since the triplex sits on a separate parcel, it is not subject to the City of Long Beach’s inspection requirements for properties with four or more units. Additionally, because
MLS Listing Information
MLS #
CRSB25136125
MLS Source
California Regional MLS
Interior Features
Laundry
None
Exterior Features
Pool
None
Parking, School, and Other Information
Garage/Parking
Garage: 2 Car(s)
Contact Information
Listing Agent
Brett Lyon
Lyon Stahl Investment Real Estate, Inc.
License #: 01717818
Phone: (310) 726-3391
Co-Listing Agent
Woody Stahl
Lyon Stahl Investment Real Est
License #: 01399621
Phone: (310) 425-9838
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | – | 4 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
1045 E New York St is a Residential Income in Long Beach, CA 90813. This – square foot property sits on a 1,856 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $795,000 and was built in 1922. This address can also be written as 1045 E New York St, Long Beach, CA 90813.
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This listing information is up-to-date as of July 16, 2025. For the most current information, please contact Brett Lyon, (310) 726-3391
