$599,000
-$50,900350 E South, Long Beach CA 90805
Multi-Family (Triplex)
Property type
28 days
On market
$454
Price per sqft
0 cars
Garage
1956
Year built
2,823 sqft
Lot size
Open Houses
Overview
Value-add opportunity in North Long Beach. The property features a 2 bed / 1 bath main house with a bonus room currently used as a third bedroom. There are two additional detached studio units—one in the front (tenant-occupied) and one in the rear (currently vacant). Property is separately metered with (4) electric meters and (3) gas meters. The property has operated as a...
Listing provided by: Cody Charnell DRE #01950585 562-896-3851, Sage Real Estate Group, Inc.
Listing updated: May 22, 2026 at 04:51pm.
Last checked: Jun 5, 2026 at 08:30am
Source: CRMLS #PW26100651
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 0 | 1 | — | $1,500 | $1,500 | $1,500 | Unfurnished |
| 1 | 2 | 1 | — | $1,930 | $1,930 | $2,100 | Unfurnished |
| 1 | 0 | 1 | — | $0 | $0 | $1,200 | Unfurnished |
# of Buildings: 3
# of Units Total: 3
Separate Electric Meters: 4
Separate Gas Meters: 3
Separate Water Meters: 1
Rent Control: Yes
Financial Snapshot
Gross Rent Multiplier
10.8x
List Price / Annual Gross Rent
Cap Rate
6.15%
NOI / List Price
Gross Scheduled Income: $55,560
Operating Expense: $17,034
Net Operating Income: $36,859
Annual Operating Expenses
Electric: $0
Fuel: $0
Insurance: $0
Trash: $0
Water / Sewer: $0
Interior
Laundry: None
Entry Location: Front
Exterior
Property Attached: No
Stories Total: 1
Common Walls: No Common Walls
Lot Features: Zero To One Unit Acre
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Garage Spaces: 0
Parking Total: 0
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 7126001022
Additional Parcels: No
Tax Lot: 16
Subdivision: North Long Beach (NLB)
Community
Senior Community: No
Community Features: Sidewalks
Nearby Schools
Nearby schools around the 350 E South, Long Beach, CA 90805. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$479,200
Total Interest
$611,193
Total Payment
$1,090,393
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$3,803
per month
Property History for 350 E South
Long Beach Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90805.
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