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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
    : 
    Multi Family
    Built in 1963
    -- sqft lot
    $3,391,900 Zestimate®
    $397/sqft
    $-- HOA

    What's special

    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.
    9 days
    on Zillow
    |
    58
    |
    2
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    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#: PW25184626MLS LogoOriginating MLS: California Regional MLS
    Travel times

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    Next available tour time:Today at 11am

    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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