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Jenn Smart

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219 E 10th St , Long Beach, CA 90813
$1,499,000
Est. Payment: $3,331.11/mo
5 Bed
6 Bath
3380 Sqft
0.08 Acres
Status: active | Days on site: 70
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CLW-X83953 - CLW-C135104,CLW-C145512
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House Description

Dive into this diversified investment, a mixed-use property yielding strong revenue with upside potential and preliminary redevelopment concept plans. Nestled in an evolving Long Beach neighborhood, this compelling asset covers two lots with separate APN's, merging lucrative commercial operations with updated residential spaces for a dynamic revenue stream. The front building features two retail store fronts on the ground level, and upstairs a three bedroom apartment features dual primary sized rooms with a common bathroom. The rear duplex qualifies as a multi-family residential duplex. Upstairs at the rear you'll find a two-bedroom apartment (converted) with great balcony space and tons of daylight. Downstairs rear is a large one bedroom apartment. Each residential unit has its own new laundry in-unit and there's a long driveway with off-street parking at the back. The two separate APN's of this purchase opportunity could allow for conventional financing of the rear duplex, increasing attainability for newer or first time investors. The allure of this property extends beyond its current income generating capabilities to a future filled with promise, highlighted by the preliminary sketches for the development of 20 micro-apartment as an option for future development. Envision the rent roll on a prospective 20 micro-units building! Recent improvements and new construction are reshaping the neighborhood, not to mention the cities investment of over $750MM on infrastructure via the "Elevate '28" plan. These two buildings collectively known as 219 E 10th Street stand out as a stellar choice for investors aiming for a combination of steady diversified income and the opportunity for expansive growth and appreciation. The strategic benefits of owning a desirable mixed-use building with upside potential, redevelopment potential, and situated on two APN's make this a rare gem. Updated units, off-street parking, a prime location, and a manageable 5 door roster underscore the ease of stepping into this investment for new investors and seasoned professionals alike. This opportunity presents a rare window to invest a forward-thinking, multifaceted investment perfect for those poised to leverage the city's bright prospects and sights on the long term. APN #7273-007-037 (215, 219, 219.5) and APN #7273-007-035 (221, 221.5). Subject to CA rent control law. All remarks made in good faith, however cannot be guaranteed by listing agent / broker. Buyer to verify.

Highlights

Listed by Jeffrey DeLancy , 949-510-4350 and Jesse Ruelas , 310-808-7315 Realty ONE Group Pacific , 760-496-0760. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.08

Year Built

1909

County

Los Angeles

Area

4 - Downtown Area, Alamitos Beach

Listing ID

26672091

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:5
  • ▪ Bathrooms:6
Appliances:Refrigerator, Dryer, Washer
Air Cond:Wall/Window Unit(s)
Fireplaces:
Other:
  • ▪ Additional:Ceiling Fan(s)

Exterior Features

Lot:No Land Lease
Garage Capacity:0
Zoning:LBPD29
Others:
  • ▪ Additional:2+ Total Units
Parking Features:Concrete,Gated,One Space
Principal Interest
$3,331
Taxes
$956

Home Price

$1,499,000

Loan Details

30 yrs
0%

Down Payment

20%
$299,800
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Monthly Price:
$3,331.11

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,331.11 $955.61 $0.00 $4,286.72
Yearly $39,973.33 $11,467.35 $0.00 $51,440.68
Total $1,199,200.00 $344,020.50 $0.00 $1,543,220.50
Lender profile image
So-Crates Johnson
Dust, Wind, Dude
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Market insight data is pulled from the same city as the listing being viewed (Long Beach, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-11-14T07:39:01.000Z

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