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Sold on 08/20/2026
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1202 Myrtle, Long Beach, CA 90813

  • $880,000

    Last sold 08/20/2026 after 122 Days

  • —

    bed

  • —

    bath

Multi-family not for sale
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About 1202 Myrtle

Property type Multi-family
Neighborhood
Year built 1957
HOA fee $0/month
Lot size 6,465 Sqft
Rental estimate
Property description
This professionally managed apartment features five 1-bedroom units positioned in a high-convenience Long Beach location with five off-street parking spots for tenant use and a common area laundry room tucked at the rear, providing an opportunity for additional rental income. In close proximity to local dining, grocery stores, and cafes. The location is also ideal for those prioritizing health and wellness, with several medical facilities located nearby. Excitement is building for the neighborhood’s future, as the property sits just moments away from the upcoming retail development on Anaheim Ave, promising even more amenities and value to the area.
Listed by
Listing Agent - Takeshi Kida
Listing Agent Contact: 347-885-1669
Listing Office - Takeshi Kida
Source: CRMLS mls logo
MLS#SB26081763 • last updated 1 day ago
Movoto checked CRMLS for data 1 minute ago
Overview
Levels/Style One
Type Residential Income
SubType Apartment
Status Closed
Lot Size (Acres) 0.1484
Lot Size (SqFt) 6465
Year Built 1957
Interior
Laundry Common Area
Exterior
Building Area Square Feet, 2775
Parking Assigned, Uncovered
# Uncovered Spaces 5
# Parking Spaces 5
Lot Description 0-1 Unit/Acre
Amenities / Utilities
Sewer/ Septic Public Sewer
Water Source Public
Pool None
Location
County Los Angeles
Community Features Sidewalks
Subdivision Downtown (DT), Downtown (DT)
Neighborhood Anaheim Ave
Directions From Anaheim Turn Onto Myrtle. Cross Streets: Anaheim And Myrtle
APN 7274005009
Multifamily Details
Vacancy Allowance Rate 3
Vacancy Allowance 2765
Expense: Trash 488
Laundry Income 72
Operating Expense 37384
Cap Rate 4.95
Expense: Insurance 6017
Total Expenses 37384
Expense: Maintenance 6000
Expense: Water/ Sewer 1092
Gross Income 72
Gross Operating Income 89406
Expense: Electric 802
Gross Multiplier 11.39
Gross Scheduled Income 92171
Expense: Fuel 601
Expense: Gardener 960
Rental est.: $1,340/month
Gross rent multiplier: 54.7
  • Aug 2026
    mls logo MLS # SB26081763
  • Aug 20, 2026 Sold
    $880,000 (-16.2%)
  • Jul 28, 2026 Pending
    —
  • Jul 7, 2026 Active
    —
  • May 28, 2026 Price Change
    $1,050,000 (-4.5%)
  • Apr 20, 2026 Listed
    $1,100,000 (+96.4%)
  • Jan 2017
    mls logo MLS # DW16135947
  • Jan 11, 2017 Sold
    $560,000
  • Jan 11, 2017 Sold
    $560,000 (-9.5%)
  • Dec 28, 2016 Pending
    —
  • Sep 8, 2016 Active
    —
  • Aug 10, 2016 Listed
    —
  • Jul 11, 2016 Active
    —
  • Jun 21, 2016 Listed
    $619,000
  • Jun 21, 2016 Listed
    $619,000
  • 1202 Myrtle
    $880K
  • Saint Mary
    $545K +36% y/y
  • 90813
    $550K +10% y/y
  • Long Beach
    $699K -3% y/y
No chart available
Statistics calculated by Movoto

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6/10
Roosevelt Elementary School
public Grades K-5
Long Beach Unified School District
6/10
Polytechnic High School
public Grades 9-12
Long Beach Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

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CRMLS Multiple Listing Service™ system
The real estate listing data marked with this icon comes from the IDX program of the CRMLS Multiple Listing Service™ system.
Based on information from California Regional Multiple Listing Service, Inc. as of 8/20/2026. 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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