Property Details
About this Property
817 E New York St presents a rare opportunity to acquire a 4-unit multifamily property in prime North Long Beach. Built in 1922, the asset consists of three separate buildings totaling 3,076 rentable square feet on a 6,802 square foot lot. The unit mix includes (1) 1-bed/1-bath and (3) 2-bed/1-bath units, offering strong rental appeal. Two of the 2-bed/1-bath units have been newly renovated—providing an excellent owner-user opportunity or the ability to immediately capture market rents. At just $312,000 per unit, the property offers a low cost of entry and compelling fundamentals with a 4.97% CAP rate and 12.90 GRM on in-place income. Off-street parking is available for tenants, a valuable feature in this dense rental corridor. Centrally located with convenient access to the 91 and 710 freeways, 817 E New York St benefits from North Long Beach’s steady population growth, ongoing infrastructure investment, and strong housing demand. For investors seeking day-one cash flow with clear upside potential, this is a highly attractive opportunity in one of Long Beach’s most active rental markets.
MLS Listing Information
MLS #
CRSB25234247
MLS Source
California Regional MLS
Days on Site
26
Interior Features
Laundry
Community Facility
Exterior Features
Pool
None
Parking, School, and Other Information
Garage/Parking
Garage, Garage: 4 Car(s)
Contact Information
Listing Agent
Brett Lyon
Lyon Stahl Investment Real Estate, Inc.
License #: 01717818
Phone: –
Co-Listing Agent
Woody Stahl
Lyon Stahl Investment Real Est
License #: 01399621
Phone: –
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 3 | 2 | 4 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
817 E New York is a Residential Income in Long Beach, CA 90813. This – square foot property sits on a 6,802 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,250,000 and was built in 1922. This address can also be written as 817 E New York, Long Beach, CA 90813.
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This listing information is up-to-date as of October 09, 2025. For the most current information, please contact Brett Lyon
