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Sold on 05/01/2026
  • Other
  • Exterior
  • Bath

435 W 11th St, Long Beach, CA 90813

$1,890,000

Last sold 05/01/2026 after 374 Days

  • 14

    bed

  • 9

    bath

  • 6,395

    Sqft ($296/Sqft)

Multi-family not for sale
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About 435 W 11th St

Property type Multi-family
Neighborhood
Year built 1936
HOA fee $0/month
Lot size 9,685 Sqft
Movoto estimate
Property description
PRICE REDUCED AND READY TO SELL. Priced at 9.2 GRM and a 7.3% CAP with upside to 8.4 GRM and a 8.3% CAP. 9 units in Long Beach NOT subject to local rent control, only subject to AB 1482 rent control - maximum annual increase of 5% + CPI (currently 8.0%). Located on the West Side blocks from Downtown Town where over $8BB of redevelopment is occurring. On a beautiful, quiet, tree-lined street. The property is professionally managed and well-maintained. All units have their own private parking included, and most have a private outdoor patio. All have W/D hookups. All units have their own water heater. A new owner can raise rents to market and achieve a 8.4 GRM and 8.3% CAP. Earn over a 11% cash-on-cash return against in place income. Qualified Buyers can put as little as 25% down. EMAIL LISTING AGENT FOR MORE INFO, INCLUDING A RENT ROLL AND OM.
Listed by
Listing Agent - Jonathan Swire
Listing Office - The Agency
Source: The MLS mls logo
MLS#25528237 • last updated 5 months ago
Movoto checked The MLS for data 1 minute ago
Overview
Levels/Style Two
MLS # 25528237
Type Residential Income
Status Sold
SqFt 6395
Lot Size (SqFt) 9685
Lot Size (Acres) 0.2223
Year Built 1936
Interior
Total # of Baths 9
Total # of Bedrooms 14
Exterior
Parking Desc Assigned
Add'l Structures None
Amenities / Utilities
Equipment None
Location
County Los Angeles
Zoning LBPD10
APN 7272-004-034
Multifamily Details
Unit 1: Furnished No
Unit 1: Projected Rent 1695
Unit 1: # Beds 1
Unit 1: Rent 1695
Unit 2: Rent 1895
Unit 2: Furnished No
Unit 2: Projected Rent 1895
Unit 2: # Beds 2
Unit 2: # Baths 1
Unit 1: # Baths 1
Unit 2: Actual Rent 1895
Unit Type 2106, 2107
Unit 1: Actual Rent 1695
Total # Of Buildings 5
Net Operating Income 129000
Cap Rate 7.3
Vacancy Rate 0%
Gross Income 205000
Gross Operating Income 193000
Gross Rent Multiplier 9.2
Total Annual Expenses 63000
$2.15M
Range: $1.93M-$2.36M
Last 30 days 
  • May 2026
    mls logo MLS # 25528237
  • May 13, 2026 Sold
    $1,890,000
  • Feb 23, 2026 Price Change
    $1,890,000 (-0.5%)
  • Dec 10, 2025 Price Change
    $1,900,000 (-1.2%)
  • Nov 11, 2025 Price Change
    $1,923,500
  • Oct 7, 2025 Price Change
    $1,924,000
  • Sep 16, 2025 Price Change
    $1,925,000 (-0.8%)
  • Aug 13, 2025 Price Change
    $1,940,000 (-1.8%)
  • Jun 17, 2025 Price Change
    $1,975,000 (-1.0%)
  • May 27, 2025 Price Change
    $1,995,000 (-0.2%)
  • Apr 30, 2025 Price Change
    $1,999,000 (-2.4%)
  • Apr 21, 2025 Listed
    $2,049,000 (-3.1%)
  • May 2024
    mls logo MLS # 24-395069
  • May 22, 2024 Listed
    $2,115,000 (+3.3%)
  • Mar 2019
    mls logo MLS # OC19004243
  • Mar 11, 2019 Sold
    $2,048,200
  • Mar 8, 2019 Sold
    $2,048,200 (-6.7%)
  • Jan 28, 2019 Pending
    —
  • Jan 6, 2019 Listed
    $2,195,000
  • Jan 6, 2019 Listed
    $2,195,000 (-0.2%)
  • Mar 2019
    Public Records
  • Mar 8, 2019 Sold
    $2,048,500
  • Jan 2019
    mls logo MLS # 9383636
  • Jan 28, 2019 Pending
    —
  • Oct 2018
    mls logo MLS # OC18230942
  • Oct 9, 2018 Price Change
    $2,199,000 (-1.8%)
  • Sep 20, 2018 Listed
    $2,240,000 (+124.0%)
  • May 2016
    Public Records
  • May 12, 2016 Sold
    $1,000,000
  • Year Property taxes Tax assessment
  • 2025
    $30,989 +4.7%
    $2,284,801 +2.0%
  • 2024
    $29,611 +1.7%
    $2,240,002 +2.0%
  • 2023
    $29,108 +6.5%
    $2,196,081 +2.0%
  • 2022
    $27,328 +2.1%
    $2,153,022 +2.0%
  • 2021
    $26,771 +0.3%
    $2,110,807
  • 2020
    $26,701 +91.1%
    $2,110,807 +102.88%
  • 2018
    $13,975
    $1,040,400
  • 435 W 11th St
    $1.89M
  • Willmore City
    $389K -22% y/y
  • 90813
    $570K +9% y/y
  • Long Beach
    $699K 0% y/y
No chart available
Statistics calculated by Movoto

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4/10
Edison Elementary School
public Grades K-5
Long Beach Unified School District
4/10
Washington Middle School
public Grades 6-8
Long Beach Unified School District
4/10
Cabrillo High School
public Grades 9-12
Long Beach Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

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