30 W. 49th Street is a 12-unit stabilized investment opportunity in North Bixby Knolls, offered at a 5.97% cap rate on current rents.
The controlled-access building features mostly two-bedroom units (11 of the 12) and a convenient one-to-one parking ratio. Additional income is generated from on-site laundry facilities. Recent capital improvements include a new roof and new windows throughout, and SB 721 (Balcony Inspection) has been completed.
Situated near the vibrant Bixby Knolls district, residents enjoy walkable access to dining, shopping, and entertainment, along with excellent connectivity to major transportation routes.
Combining strong in-place financial performance, a prime location, and well-maintained condition, this asset offers investors immediate cash flow and long-term appreciation potential in a desirable Long Beach submarket.
For sale
Listing Provided by:
Robert Stepp DRE #01456379 310-463-2916,
Keller Williams Realty Downey
$3,450,000
30 W 49th St, Long Beach, CA 90805
--beds
--baths
8,692sqft
Est.:
Multi Family
Built in 1963
-- sqft lot
$3,391,900 Zestimate®
$397/sqft
$-- HOA
What's special
- 9 days
- on Zillow |
- 58 |
- 2 |
Zillow last checked: 7 hours ago
Listing updated: August 15, 2025 at 01:07pm
Listing Provided by:
Robert Stepp DRE #01456379 310-463-2916,
Keller Williams Realty Downey
Source: CRMLS,MLS#: PW25184626
Originating MLS: California Regional MLS

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Tour with a buyer's agent
Facts & features
Interior
Appliances
- Laundry: Common Area
Features
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 8,692
- Total interior livable area: 8,692 sqft
Property
Parking
- Total spaces: 12
- Parking features: Garage
- Garage spaces: 12
Features
- Entry location: 1
- Pool features: None
Lot
- Size: 10,078 Square Feet
- Features: 11-15 Units/Acre
Details
- Parcel number: 7133032048
- Zoning: LBR1N
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1963
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Sidewalks
- Subdivision: Bixby Knolls (Bk)
Location
- Region: Long Beach
Financial & listing details
- Price per square foot: $397/sqft
- Date on market: 8/15/2025
- Listing terms: Cash,Cash to New Loan,1031 Exchange
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