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.
Listed by Robert Stepp
·
License #01456379
·
Keller Williams Realty Downey
·
310-463-2916
Last updated October 22, 2025
·
Source: CRMLS #PW25184626
Listing Facts
TypeMulti-family
NeighborhoodSutter
Days on Prevu69
Amenities
Parking
Location
Mortgage Calculator
Listing History
10/23/2025
Status changed to Active
$3,450,000
10/21/2025
Status changed to Removed from Feed
$3,450,000
10/18/2025
Status changed to Active
$3,450,000
10/16/2025
Status changed to Removed from Feed
$3,450,000
10/05/2025
Status changed to Active
$3,450,000
10/03/2025
Status changed to Removed from Feed
$3,450,000
09/21/2025
Status changed to Active
$3,450,000
09/19/2025
Status changed to Removed from Feed
$3,450,000
09/09/2025
Status changed to Active
$3,450,000
09/06/2025
Status changed to Removed from Feed
$3,450,000
09/05/2025
Status changed to Active
$3,450,000
09/04/2025
Status changed to Removed from Feed
$3,450,000
08/15/2025
Listed by Keller Williams Realty Downey
$3,450,000
Property Details for 30 W 49th Street
Association
Amenities
Community Features: Sidewalks
Exterior
Construction
Number Of Units Total: 12
Property Attached: Yes
Stories Total: 2
Year Built: 1963
Common Walls: 2+ Common Walls
Entry Level: 1
Entry Location: 1
Measurements
Building Area Total: 8,692
Building Area Units: Square Feet
Lot Features: 11-15 Units/Acre
Lot Size Acres: 0.23
Lot Size Area: 10,078
Lot Size Source: Assessor
Lot Size Square Feet: 10,078
Lot Size Units: Square Feet
Financial
Residential Income
Cap Rate: 5.97
Gross Income: $301,534.00
Operating Expense: $95,500.00
Taxes
Parcel Number: 7133032048
Other
Location
Subdivision Name: Bixby Knolls (BK)
Tax Lot: 46
Parking
Parking
Garage Spaces: 12
Garage: Yes
Parking Total: 12
Utilities
Equipment
Laundry Features: Common Area
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.
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.