x
Showing 1 of 0
X
Save

92 E Louise
Long Beach CA 90805 US

$1,100,000

Active Listing ID PW26180123
bed icon
8 bed
bath icon
4.00 Bath (4 Full)
lot icon
Lot: 0.13 Acres
home icon
Quadruplex

$1,100,000

Active Listing ID PW26180123
Save

92 E Louise 92 E. Louise Street presents the opportunity to acquire a well- maintained four-unit multifamily property offering strong in-place cash flow, meaningful rental upside, and additional long-term value creation potential in North Long Beach. Built in 1953, the property consists entirely of two-bedroom/one- bath units, each approximately 740 square feet, providing a highly desirable and consistent unit mix with broad renter appeal. Current rents average approximately $2, 138 per month, compared with nearby rent comparables averaging approximately $2, 538 per month, demonstrating substantial embedded rental upside. The property has also benefited from several significant capital improvements, including new windows throughout the building, recent re-piping, exterior painting within the past three years, and a new electronic security gate. These improvements reduce near- term capital expenditure exposure while enhancing the property's overall functionality and tenant appeal. The property's four detached garages and additional surface spaces present the opportunity to add immediate income through parking fees or convert garages to ADUs for future additional rental income (buyer to verify).The offering compares favorably with recent four-unit sales in the surrounding market. At $275, 000 per unit, 92 E. Louise is priced below the comparable-set average of approximately $306, 750 per unit, while offering a substantially stronger going-in yield than the comparable average cap rate of approximately 5.32% For investors seeking strong current yield with identifiable upside, 92 E. Louise Street offers a compelling combination of in-place cash flow, below-market rents, an all-two-bedroom unit mix, recent capital improvements, and potential future ADU development-all at a basis below recent comparable four-unit sales.

Collapse all

Property Features

  • Facts
  • Lot Size: 0.13 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Quadruplex
  • Features
  • Full Bathrooms: 4

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Quadruplex
  • listprice: 1100000
  • unparsedaddress: 92 E Louise
  • postalcity: Long Beach
  • stateorprovince: CA
  • country: US
  • postalcode: 90805
  • bathroomsfull: 4
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.1345
  • lotsizeunits: Acres
  • lotsizearea: 0.1345
  • livingarea: 0
  • livingareaunits: Square Feet
  • listagentfullname: Robert Stepp
  • listagentemail: rstepp@steppcommercial.com
  • listagentkey: 3yd-MRMLSCA-PSTEPROB
  • listagentmlsid: PSTEPROB
  • listagentpreferredphone: 3104632916
  • listagentofficephone: 3104632916
  • listofficekey: 3yd-MRMLSCA-PB18067
  • listagentstatelicense: 01456379
  • listofficemlsid: PB18067
  • disclaimer: Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MRMLSCA
  • yearbuilt: 1953
  • listingcontractdate: 2026-08-17
  • listagentfax: 3103885560
  • countyorparish: Los Angeles
  • parcelnumber: 7126029010
  • numberofunitstotal: 4
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 4
  • waterfrontyn: False
  • franchiseaffiliation: Keller Williams Realty
  • rooms: Bedroom 8, Bathroom 1, Bedroom 1, Bathroom 3, Bedroom 5, Bedroom 7, Bathroom 4, Bedroom 6, Bedroom 4, Bedroom 3, Bathroom 2, Bedroom 2, Laundry Room
  • speciallistingconditions: Standard
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Keller Williams Realty SELA", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"rstepp@steppcommercial.com", "ListBrokerageCity":"Downey", "ListBrokerageCountry":"US", "ListBrokerageEmail":"klrw561@kw.com", "ListBrokerageLogoUrl":"http://lh.rdcpix.com/fcb2721111ea11e4868a22000b2b8d6fk-c2963687193r.png", "ListBrokerageName":"Keller Williams Realty SELA", "ListBrokeragePhone":"(562) 334-1511", "ListBrokeragePostalCode":"90241", "ListBrokerageStateOrProvince":"CA", "ListBrokerageUnitNumber":"Suite 100", "ListBrokerageUnparsedAddress":"8255 Firestone Blvd", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"8255 Firestone Blvd., #100 ", "ListOfficeAddress2":"Suite 100", "ListOfficeBrokerMlsId":"PB18067", "ListOfficeCity":"Downey", "ListOfficeCountry":"US", "ListOfficeEmail":"edbonilla.broker@gmail.com", "ListOfficePostalCode":"90241", "ListOfficeStateOrProvince":"CA", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Long Beach, CA", "ListingURL":null, "MLSModificationTimestamp":"2026-08-18 06:19:25", "Neighborhoods":[{"Description":null, "Name":"North Long Beach (NLB)"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 8/18/2026 1:23:19 PM GMT
Source Updated Date: 8/22/2026 12:47:50 AM GMT

Courtesy of: Robert Stepp, Keller Williams Realty Downey, rstepp@steppcommercial.com

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.