Movoto Real Estate
Sold on 02/27/2026
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433 W 9th St, Long Beach, CA 90813

  • $1,285,000

    Last sold 02/27/2026 after 262 Days

  • bed

  • bath

Multi-family not for sale
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About 433 W 9th St

Property type Multi-family
Neighborhood
Year built 1923
HOA fee $0/month
Lot size 4,699 Sqft
Movoto estimate
Parking 2 garage spaces
Rental estimate
Property description
Nestled in the vibrant heart of Downtown Long Beach’s historic Willmore District, 433 W 9th Street presents a rare opportunity to acquire a classic four-unit building with exceptional upside. Each of the four spacious units offers a well-designed 4-bedroom, 1-bathroom layout, averaging approximately 1,254 sq. ft. (buyer to verify), providing generous living spaces ideal for families, shared housing, or long-term tenants. Built in 1923, this two-story property showcases timeless early 20th-century architecture, with large interiors filled with natural light and original details that speak to its heritage. The building has been under long-term ownership and is well maintained, yet offers significant value-add potential through strategic updates and rental repositioning. Current rents are well below market, presenting a clear path for increased income for the savvy investor. The property includes two on-site garages plus two additional tandem parking spaces, offering four total off-street spots—an added convenience in this bustling urban location. With close proximity to public transit, freeways, shopping, dining, and the rapidly growing Downtown Long Beach core, the location supports strong tenant demand and long-term appreciation. Whether you’re looking to expand your multifamily portfolio, complete a 1031 exchange, or secure a high-potential income property in a coastal growth market, 433 W 9th Street is a standout opportunity not to be missed.
Listed by
Listing Agent - Milla Pariser
Listing Agent Contact: 818-271-1233
Listing Office - Beverly and Company
Source: CRMLS mls logo
MLS#SR25119378 • last updated 5 months ago
Movoto checked CRMLS for data 1 minute ago
Overview
Type Residential Income
SubType Duplex
Status Closed
Lot Size (Acres) 0.1079
Lot Size (SqFt) 4699
Year Built 1923
Interior
Laundry None
Exterior
Building Area Square Feet, 5018
# Parking Spaces 2
# Garage Spaces 2
Lot Description Level With Street, Paved, Near Public Transit
Amenities / Utilities
Sewer/ Septic Public Sewer
Water Source Public
Pool None
Location
County Los Angeles
Community Features Street Lights, Sidewalks
Subdivision Willmore District (WM), Willmore District (WM)
Zoning LBPD10
Directions Magnolia Avenue & West 9th Street
APN 7272010019
Multifamily Details
Operating Expense 30625
Cap Rate 5.48
Expense: Insurance 1000
Total Expenses 30625
Expense: Maintenance 3000
Expense: Water/ Sewer 3279
Gross Income 117288
Gross Operating Income 117288
Expense: Electric 600
Gross Multiplier 13.4
Gross Scheduled Income 117288
$1.28M
Range: $1.1M-$1.46M
Last 30 days 
Rental est.: $1,340/month
Gross rent multiplier: 79.9
  • Feb 2026
    mls logo MLS # SR25119378
  • Feb 28, 2026 Sold
    $1,285,000 (-0.8%)
  • Jan 16, 2026 Active
  • Nov 20, 2025 Price Change
    $1,295,000 (-0.3%)
  • Sep 4, 2025 Price Change
    $1,299,000 (-13.4%)
  • Jul 15, 2025 Price Change
    $1,500,000 (-5.1%)
  • Jun 10, 2025 Listed
    $1,580,000 (+37.4%)
  • Mar 2018
    mls logo MLS # RS18037330
  • Mar 26, 2018 Price Change
    $1,150,000 (-4.2%)
  • Feb 16, 2018 Listed
    $1,200,000
  • 433 W 9th St
    $1.28M
  • Willmore City
    $919K +83% y/y
  • 90813
    $580K +16% y/y
  • Long Beach
    $699K -3% y/y
No chart available
Statistics calculated by Movoto

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

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The real estate listing data marked with this icon comes from the IDX program of the CRMLS Multiple Listing Service™ system.
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