Property
Listing Agent: Dara Chay (DRE #01217793) · Listing Office: Sky View Real Estate · Contact: 562-761-2777 · Bought with: Matthew Mahowald · Buckingham Investments, Inc · MLS #PW26128325 · Source: CRMLS
1651 E South sold for $1,287,500 in October 2026, 0.6% under its $1,295,888 list price, after 24 days on the market. Across 168 closed sales in 90805 over the last 12 months, the median sold price is $730,000 and the median is $577 per square foot.
| Quarter | Closed sales in 90805 | Median sold price |
|---|---|---|
| Q1 2026 | 6 | $730,000 |
| Q2 2026 | 78 | $730,000 |
| Q3 2026 | 68 | $725,000 |
| Q4 2026 | 16 | $727,500 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Long Beach · Homes for sale in 90805
Exceptional Value-Add Investment Opportunity! This well-maintained 9-unit apartment property offers stable cash flow, strong rental demand, and significant upside potential in a highly desirable rental market. The property consists of a charming standalone 2-bedroom, 1-bath home at the front and a separate two-story building featuring eight studio units, with four units on each level. Six of the nine units have already been tastefully renovated, allowing a new owner to continue the renovation program and capture additional rental upside. With below-market rents, consistently low vacancy, and all units fully occupied, this asset presents an outstanding opportunity to increase income while benefiting from immediate cash flow. Ideally situated directly across from Harte Elementary School and just minutes from Lakewood Center, Long Beach Exchange, major retailers, restaurants, parks, and convenient freeway access, the property is located in a prime rental location that continues to attract long-term tenants. Whether you're looking to expand your portfolio with a turnkey investment offering immediate returns or seeking a value-add asset with long-term appreciation and income growth potential, this property checks all the boxes.
Listing description from the October 2026 sale, as reported to CRMLS.
Closed sales reported in 90805, nearest first, last 12 months. All recent sales in Long Beach →