No Photos
Image 1 - 1706 Sherman Pl, Long Beach, California, 90804 - House for sale
Image 2 - 1706 Sherman Pl, Long Beach, California, 90804 - House for sale
Image 3 - 1706 Sherman Pl, Long Beach, California, 90804 - House for sale
Image 4 - 1706 Sherman Pl, Long Beach, California, 90804 - House for sale
Image 5 - 1706 Sherman Pl, Long Beach, California, 90804 - House for sale
Image 6 - 1706 Sherman Pl, Long Beach, California, 90804 - House for sale
Image 7 - 1706 Sherman Pl, Long Beach, California, 90804 - House for sale
Image 8 - 1706 Sherman Pl, Long Beach, California, 90804 - House for sale
Image 9 - 1706 Sherman Pl, Long Beach, California, 90804 - House for sale
Home For Sale In Long Beach, California
1706 Sherman Pl, Long Beach, California, 90804

Home For Sale In Long Beach, California

house for sale
Listed: 05/03/24

1706 Sherman Pl, Long Beach, California, 90804

10 Bed:
9 Bath:
4,226 Sq Ft Living Area:
Save
Price
$ 2,1M

About This House

9 units in Long Beach subject toAB 1482rent control - maximum annual increase of 5% + CPI. Priced at11.6 GRMand a 5.4% CAP with some rental upside . very well maintained. Solid Eastside location in Long Beach. Most interiors have been updated (new kitchen cabinets, flooring, bath tile, fixtures, etc.) and property is professionally managed and well maintained. The property features multiple structures, meaning many units do not have common walls on all sides making the units more private. There are 3 garages in the rear as well as 2 surface spaces. The 2 bed unit in the rear has 2 outdoor patios attached to it. Every unit has it's own hot water heater. There is onsite laundry onsite. The electrical is General Electric - it's a200 AMPmain panel with50 AMPsubpanels (Buyer to verify). Email LA for more information including actual expenses and a current Rent Roll.

Protect Yourself From Rental Scams

While we strive to provide accurate and timely information, it's essential to remain vigilant and do your due diligence when considering rental properties. Make sure to follow expert tips to reduce the risk of fraud when renting a new apartment.

Similar Houses for Sale Nearby

$1,85M

10
12
6,067 Sq Ft

$1,85M

Available: Right Now

Listed: 27/06/2024

2507 E 14th St, Long Beach, California, 90804

House
10
12
6,067 Sq Ft

Modern Fourplex with large units property consists of Two 3 Bedroom 2 1/2 bath tri level units #1 and #4, roughly 1575 square feet (estimate) and two 2 bedroom 2 1/2 bath units #2 and #3 roughly 1425 square feet (estimate). The Two bedroom units down...

$2M

10
11
4,712 Sq Ft

$2M

Available: Right Now

Listed: 27/06/2024

1215 Temple Ave, Long Beach, California, 90804

Townhouse
10
11
4,712 Sq Ft

1215 Temple Avenue is a 7-unit apartment asset in Long Beach, California. The property is offered at11.60 GRMand 5.79% cap rate on current rents. The property is comprised of one4BD / 3BAtownhouse-style unit; two2BD / 2BAunits; two1BD / 1BAunits; two...

$1,73M

10
8
5,954 Sq Ft

$1,73M

Available: Right Now

Listed: 27/06/2024

2073 Locust Ave Unit A, Long Beach, California, 90806

House
10
8
5,954 Sq Ft

Priced to sell. 9.9 grm and 6.4 % CAP with upside to a 7.1% CAP. 8 units in Long Beach subject toAB 1482rent control - maximum annual increase of 5% + CPI. Only$290/SF.Located in the quiet residential Wrigley area, the property is professional...

$2,25M

10
6
3,864 Sq Ft

$2,25M

Available: Right Now

Listed: 27/06/2024

3739 Centralia St, California, 90712

House
10
6
3,864 Sq Ft

Introducing 3739 Centralia Street in Lakewood, CA a unique opportunity to acquire an extraordinary triplex in a quiet, residential neighborhood. This meticulously crafted property consists of a 4-Bedroom single story home, and two 3-Bedroom units, al...

$1,85M

10
4,230 Sq Ft

$1,85M

Available: Right Now

Listed: 27/06/2024

1020 S Centre St, San Pedro, California, 90731

House
10
4,230 Sq Ft

10 Units in the Heart of San Pedro is a perfect property for investors! These units have been cared for and many have been upgraded as they became available. Some of the current rents are low, but the potential is high. Wonderful location close to re...

$1,97M

10
7
5,103 Sq Ft

$1,97M

Available: Right Now

Listed: 29/06/2024

9324 9326 Mandale St, Bellflower, California, 90706

House
10
7
5,103 Sq Ft

Fantastic investment opportunity in the city of Bellflower! This property features 3 detached homes each consisting of 3 bedrooms 2 baths as well as an ADU with 1 bedroom 1 bath. Perfect whether you are looking to expand your rental portfolio or acco...

Long Beach Housing & Living

Average sale prices for houses

2 bed
3 bed
4+ bed
Show as List Show as Graph
In June 2024, the asking price for 2 bed houses for sale in/near Long Beach, United States averaged $820,250, a decrease of 12.7% from the previous month.
Median price trends for properties for sale in Long Beach, United States as of June 2024.

Household Income

Median household income: $61,610
Number of households: 173,432
The average household income in Long Beach, CA grew from $60,557 to $61,610 in the past year. This data is an estimate based upon 173,432 households in Long Beach, CA.
The chart below presents how household income is distributed in Long Beach, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Long Beach, CA compared to median property taxes around the country. The prevalent amount of property taxes in Long Beach, CA equals $3k+ , which is more than the national average.