2285 Earl Avenue, Long Beach, CA 90806

About this property

Priced to sell at 9.7 GRM with upside to 8.7 GRM and a 8.1% CAP. 9 units located in Long Beach NOT subject to local rent control, just AB 1482 (max increase of 5% + CPI). Located on a quite street in the Wrigley district. Excellent unit mix for the area, with long term tenants. The property was updated in 2019 throughout and is professionally managed and well maintained. A new owner could achieve over a 10% upside in rents. Property has onsite laundry and features a 400 AMP Main electrical panel and 50 AMP subpanels (Buyer to verify). Qualified Buyers can put down as little as 25%. Contact Loan Broker to find out more. EARN OVER A 12% CASH ON CASH RETURN AGAINST IN PLACE RENTS. Email Listing Agent for more info including a Rent Roll and OM.

Listing description from the April 2026 sale, as reported to CRMLS.

Sale history

$1,659,000

Sold April 2026 · on market January 2026 · MLS #26638761 · Source: CRMLS

Listing Agent: Jonathan Swire · Listing Office: The Agency · Contact: 424-230-3700 · Bought with: Mark Bridge · Mark Bridge, Broker

Explore Long Beach