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Sold on 07/09/2025
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3243 E 10th St, Long Beach, CA 90804

$1,625,000

Last sold 07/09/2025 after 125 Days

  • —

    bed

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    bath

Multi-family not for sale

About 3243 E 10th St

Property type Multi-family
Neighborhood
Year built 1958
HOA fee $0/month
Lot size 3,920 Sqft
Parking 3 garage spaces
Rental estimate
Property description
3243 East 10th Street is an 8-unit multifamily investment opportunity located in Long Beach, CA. 3243 East 10th Street offers an attractive mix of studio, one, and two-bedroom floor plans, which helps the property appeal to a diverse renter pool. Additionally, the well-maintained property features a central courtyard, dual-pane windows, and security doors, as well as income-producing amenities including an on-site laundry facility 1, surface parking space, and 3, garage parking spaces. Resident’s enjoy the property’s walkable access to the Food 4 Less and Rite Aid anchored Belmont Center, at the intersection of Anaheim Street and Obispo Avenue. Additionally, 3243 East 10th Street benefits from its optimal central Long Beach location, providing convenient access throughout the city. The property places residents a short drive away from Woodrow Wilson High School, Recreation Park, Retro Row, and an abundance of Long Beach’s most popular beaches. Furthermore, 3243 East 10th Street is within 2 miles of California State University, Long Beach and the Veteran Affairs Medical Center, two of the city’s premier employers with a combined total of over 7,000 employees, according to Long Beach’s 2023 Annual Comprehensive Financial Report. In summary, 3243 East 10th Street’s fantastic location offers residents a wide variety of activities, employment, transportation, and retail amenities, all of which will attract a diverse renter pool. With substantial upside and strong rental metrics, 3243 East 10th Street represents an attractive opportunity for a new owner seeking well located units.
Listed by
Listing Agent - Tyler Leeson
Listing Agent Contact: Tleeson@marcusmillichap.com
Listing Office - Marcus & Millichap RE Invest
Source: CRMLS mls logo
MLS#OC25050168 • last updated 1 year ago
Movoto checked CRMLS for data 5 minutes ago
Overview
Levels/Style Two
Type Residential Income
SubType Apartment
Status Active
Lot Size (Acres) 0.09
Lot Size (SqFt) 3920.4
Year Built 1958
Interior
Laundry Community
Exterior
Building Area Square Feet, 4543
# Uncovered Spaces 1
# Parking Spaces 4
# Garage Spaces 3
Lot Description Level With Street
Amenities / Utilities
Sewer/ Septic Public Sewer
Water Source Public
Pool None
Location
County Los Angeles
Community Features Curbs, Gutters, Sidewalks
Subdivision Eastside (ES), Eastside (ES)
Zoning LBR2N
Directions Cross Streets Of 10th Street & Coronado Avenue
APN 7258005030
Multifamily Details
Vacancy Allowance Rate 3
Vacancy Allowance 4514
Expense: Trash 1194
Operating Expense 53478
Cap Rate 5.56
Expense: Insurance 6400
Total Expenses 53478
Expense: Maintenance 5600
Expense: Water/ Sewer 1194
Gross Income 152453
Gross Operating Income 145942
Expense: Electric 1194
Gross Multiplier 11.15
Gross Scheduled Income 150456
Expense: Fuel 1194
Rental est.: $1,392/month
Gross rent multiplier: 97.3
  • Jul 2025
    mls logo MLS # OC25050168
  • Jul 9, 2025 Sold
    $1,625,000
  • Jul 7, 2025 Pending
    —
  • May 2, 2025 Active
    —
  • Mar 6, 2025 Listed
    $1,700,000 (+38.8%)
  • Jul 2025
    Public Records
  • Jul 9, 2025 Sold
    $1,625,000 (-4.4%)
  • Jun 2015
    Public Records
  • Jun 26, 2015 Sold
    $1,225,000 (+56.1%)
  • Nov 2012
    Public Records
  • Nov 2, 2012 Sold
    $785,000 (+93.8%)
  • Dec 2001
    Public Records
  • Dec 19, 2001 Sold
    $405,000
  • Year Property taxes Tax assessment
  • 2024
    $25,252 +1.7%
    $1,921,548 +35.63%
  • 2023
    $24,819 +39.1%
    $1,416,730 +2.0%
  • 2022
    $17,846 +2.1%
    $1,388,984 +2.0%
  • 2021
    $17,472 +0.3%
    $1,361,782 +1.03%
  • 2020
    $17,427
    $1,347,837
  • 3243 E 10th St
    $1.62M
  • Rose Park
    $456K -8% y/y
  • 90804
    $455K -6% y/y
  • Long Beach
    $699K 0% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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