$1,500,000
1235-1237 E 15th Street, Long Beach CA 90813
Multi-Family (Duplex)
Property type
1 day
On market
$439
Price per sqft
6 cars
Garage
2002
Year built
10,055 sqft
Lot size
Home highlights
Open Houses
Overview
Built in 2002 -- newer than nearly every comp in the area -- this oversized Long Beach duplex delivers 3,419 SF, 6 beds, 5 baths, and a massive 10,055 SF lot. Two units. One smart investment. Whether you're house-hacking your way to financial freedom or adding a cash-flowing asset to your portfolio, this property checks every box. Comparable duplexes are selling up to $1.53M...
Listing provided by: Sherry Simpson DRE #00757181 661-588-8828, Truth Realty
Listing updated: Jun 9, 2026 at 02:21am.
Last checked: Jun 9, 2026 at 03:00am
Source: CRMLS #V1-36882
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| — | 3 | 2 | 6 | $0 | $0 | $8,000 | Unfurnished |
# of Buildings: 3
# of Units Total: 2
Separate Electric Meters: 2
Separate Gas Meters: 2
Separate Water Meters: 0
Ranges: 2
Rent Control: Yes
Financial Snapshot
Gross Rent Multiplier
187.5x
List Price / Annual Gross Rent
Cap Rate
6.4%
NOI / List Price
Gross Scheduled Income: $8,000
Operating Expense: $5,240
Net Operating Income: $96,000
Annual Operating Expenses
Electric: $960
Fuel: $840
Insurance: $2,000
Trash: $253
Water / Sewer: $1,440
Interior
Interior Features: Open Floor Plan, Recessed Lighting, Storage, Solid Surface Counters
Flooring: Wood
Cooling: Central Air
Heating: Central
Appliances: Six Burner Stove, Built In Range, Convection Oven, Gas Cooktop, Gas Oven, Gas Range, Gas Water Heater, Microwave, Self Cleaning Oven, Water Heater, Washer
Fireplace: None
Laundry: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Washer Included
Accessibility: Grab Bars In Bathroom(s)
Entry Location: Front Of House
Exterior
Property Attached: No
Stories Total: 1
Levels: One
Construction Materials: Vertical Siding, Vinyl Siding
Common Walls: No Common Walls
Lot Features: Back Yard, Landscaped, Near Public Transit, Paved
Pool: None
Spa: None
Water Source: Public
Sewer: Public Sewer
Electric: Volts220 In Laundry, Standard
Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Sewer Available, Sewer Connected
View: None
Garage and Parking
Garage Spaces: 6
Parking Total: 6
Lot Information
Land Lease: No
Parcel #: 7268035018
Additional Parcels: No
Tax Lot: 48
Zoning: Duplex 2 units, any combo
Lot Dimensions Source: PublicRecords
Subdivision: Other
Community
HOA Fee: $0
Senior Community: No
Community Features: Park, Street Lights, Sidewalks
Nearby Schools
Nearby schools around the 1235-1237 E 15th Street, Long Beach, CA 90813. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,200,000
Total Interest
$1,530,534
Total Payment
$2,730,534
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$9,297
per month
Property History for 1235-1237 E 15th Street
Long Beach Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90813.
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