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1222 E 10th StreetLong Beach, CA 90813

For Sale

$1,695,000

Smart Buyer Rebate $16,950

1222 E 10th St., Long Beach represents an excellent opportunity for cash flow and upside within a centrally located, straight forward "Bread and butter" asset. Consisting of nicely sized (6) Studio-1 bath and (4) 1 Bed-1 bath units, the property has a consistently high occupancy rate. 5 of 10 units are currently eligible for rent increases Unit interiors have been upgraded as well as the electrical system converted to separate meters and subpanels with capacity for expansion in each unit. The building exterior has just been cleaned, preserved and painted. There is potential to add a laundry room in a large water heater/ store room at the rear of the property (Buyer to verify)

Listed by Eric Christopher

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License #01270278

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WSC Realty Advisors Inc.

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949-463-2787

Last updated September 03, 2025

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Source: CRMLS #PW25198017

Listing Facts

  • TypeMulti-family
  • NeighborhoodCraftsman Village Historic District
  • Days on Prevu2

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

09/03/2025
Listed by WSC Realty Advisors Inc.
$1,695,000

Property Details for 1222 E 10th Street

Association

Amenities

  • Community Features: Curbs, Storm Drain(s), Street Lights, Sidewalks

Exterior

Construction

  • Number Of Units Total: 10
  • Property Attached: Yes
  • Stories: 1
  • Stories Total: 2
  • Year Built: 1923
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Entry Location: 1

Measurements

  • Building Area Total: 4,522
  • Building Area Units: Square Feet
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Acres: 0.13
  • Lot Size Area: 5,854
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 5,854
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 6.41
  • Gross Income: $165,000.00
  • Operating Expense: $52,162.00

Taxes

  • Parcel Number: 7267022005

Other

Location

  • Tax Block: I
  • Tax Lot: 4

Utilities

Equipment

  • Sewer: Public Sewer
  • Water Source: Public

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.