Property Details
About this Property
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.
MLS Listing Information
MLS #
CRPW25184626
MLS Source
California Regional MLS
Days on Site
8
Parking, School, and Other Information
Garage/Parking
Garage: 12 Car(s)
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
30 W 49th St is a Residential Income in Long Beach, CA 90805. This – square foot property sits on a 10,078 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $3,450,000 and was built in 1963. This address can also be written as 30 W 49th St, Long Beach, CA 90805.
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This listing information is up-to-date as of August 15, 2025. For the most current information, please contact Robert Stepp, (310) 774-3740
