25
See all 25 photos
$1,550,000
Est. payment /mo
2,968 SqFt
Active
2657 E Monroe Long Beach, CA 90810
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Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Active
Purchase Type For Sale
Square Footage 2,968 sqft
Price per Sqft $522
MLS Listing ID CRRS25232133
HOA Y/N No
Year Built 1926
Lot Size 8,354 Sqft
Acres 0.19
Property Sub-Type Comm Ind For Sale
Property Description
Discover an exceptional investment opportunity in a prime Long Beach location. 2657 E Monroe St is a fully stabilized five-unit multifamily property offering a strong 7.23% CAP rate with market-rate tenants in place. The property includes RTI (Ready-to-Issue) plans for a new 1-bedroom, 1-bath ADU totaling approximately 437 square feet, with potential to construct up to a total of five ADUs under current California housing laws. Each of the existing units features a spacious 2-bedroom, 1-bath layout, providing approximately 2,968 square feet of living space on an 8,354 square foot lot. Residents enjoy the convenience of an on-site coin-operated community laundry room and low-maintenance landscaping for easy management. Ideally situated near the 405 and 710 freeways, this property offers quick access to major employment centers, CSU Dominguez Hills, and Dignity Health Sports Park. Nearby parks include Anderson Park, Veterans Park, and Victoria Regional Park, with shopping and dining options at Long Beach Towne Center and Carson Marketplace just minutes away. Public transportation options such as the Metro Blue Line and several Long Beach Transit routes provide excellent regional connectivity. With an attractive current GRM of 10.35 and market potential of 8.08, investors can achiev
Location
State CA
County Los Angeles
Interior
Heating Other
Cooling Other
Fireplace No
Building
New Construction No
Others
Tax ID 7308014040
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Nicholas Orseno • Four Brothers Real Estate Inc.
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Mike & Jules Guzzardo Team With Jenny Biczkow
Realtor | r01066846,01955798,02086289
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