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30 W 49th StreetLong Beach, CA 90805

For Sale

$3,450,000

Smart Buyer Rebate $34,500

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

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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.

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.