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Sold$1,150,000on Dec 26, 2025
817 E New York, Long Beach, CA 90813
Lyon Stahl Investment Real Estate, Inc.
7Beds
4Baths
19Days Listed
About This Property
817 E New York St presents a rare opportunity to acquire a 4-unit multifamily property in prime North Long Beach. Built in 1922, the asset consists of three separate buildings totaling 3,076 rentable square feet on a 6,802 square foot lot. The unit mix includes (1) 1-bed/1-bath and (3) 2-bed/1-bath units, offering strong rental appeal. Two of the 2-bed/1-bath units have been newly renovatedproviding an excellent owner-user opportunity or the ability to immediately capture market rents. At just $312,000 per unit, the property offers a low cost of entry and compelling fundamentals with a 4.97% CAP rate and 12.90 GRM on in-place income. Off-street parking is available for tenants, a valuable feature in this dense rental corridor. Centrally located with convenient access to the 91 and 710 freeways, 817 E New York St benefits from North Long Beachs steady population growth, ongoing infrastructure investment, and strong housing demand. For investors seeking day-one cash flow with clear upside potential, this is a highly attractive opportunity in one of Long Beachs most active rental markets.
Property Location
Map
Property Details
- Property Type
- Res Income 2-4 Units
- Bedrooms
- 7
- Bathrooms
- 4
- Building Area
- 0 Sqft
- Living Area
- 0 sqft
- Year Built
- 0
- Status
- Sold
- Days on Market
- 19
- Cumulative Days on Market
- 20
- Original Price
- $1,250,000
Location & Neighborhood
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Long Beach Market Snapshot
582
Active Listings
$773K
Median Price
49
Avg Days on Market
Last updated: Dec 30, 2025
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Brett Lyon, Lyon Stahl Investment Real Estate, Inc. · 310-780-1899
Based on information from California Regional Multiple Listing Service, Inc. as of the date of this data. 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.
$1,250,000