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  • 1755 Sherman

1755 Sherman, Long Beach, CA 90804

$2,999,999 Approx. USD 0 beds, 0 baths
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Photo of Aaron Khosh

Aaron Khosh REALTOR® - Sales Associate 949-554-4155 m
949-554-4155 o
Lic#: 02020525
NRDS ID: 185060749
aaronkhosh@gmail.com Text Me
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Lic#: 02020525
NRDS ID: 185060749
aaronkhosh@gmail.com Newport Beach Office
23 Corporate Plaza, Suite 100
Newport Beach, CA 92660
Phone: 949-644-6200
Fax: 949-640-7429
 Newport Beach 23 Corporate Plaza, Suite 100
Newport Beach, CA 92660
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Fax: 949-640-7429
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Listing Agent


Jeanet Salazar | jeanet.salazar@gmail.com
Lic#: 01473287
Broker: Courtesy of J A T S Enterprises, Inc.
Phone: 323-356-3638

Agent Remarks

$20k/month with One 2 bed 2 bath unit is vacant!! Actual Rents bring the building to 6% cap rate with the vacant unit. If vacant unit is rented at $2,500/month, cap rate jumps to 7%. Opportunity to own a well-maintained 12-unit income property located in the desirable city of Long Beach. This property features an excellent unit mix consisting of eight 2-bedroom, 1-bathroom units and four 1-bedroom, 1-bathroom units, offering strong rental appeal and long-term investment potential. The spacious unit layouts provide desirable living arrangements for tenants, with a mix that appeals to a wide range of renters. Conveniently located near shopping, dining, entertainment, public transportation, and major freeways, this property offers accessibility and convenience for residents. An excellent opportunity for investors seeking a multifamily asset in a highly sought-after Long Beach rental market.

Listing Details

Trust & Probate
Property type: Single Family Residence (Multi-Family)
Status: Active
MLS# DW26165133
Price: $2,999,999
Beds: 0
Baths: 0
Built in 1987
0.20 acres
Lot size: 0.1955
Subdivision: Eastside (ES)
County: Los Angeles
Lot description: Level,Paved,Rectangular Lot
MLS area: 3 - Eastside, Circle Area

Last Updated: 8/6/2026

 Days On Market (DOM): 26

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This listing belongs to the 3 - Eastside, Circle Area MLS area

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Lat/Long: 33.789156, -118.166635.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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Photo of Aaron Khosh

Aaron Khosh REALTOR® - Sales Associate 949-554-4155 m
949-554-4155 o
Lic#: 02020525
NRDS ID: 185060749
aaronkhosh@gmail.com Text Me
Call My Cell
Call My Office
Lic#: 02020525
NRDS ID: 185060749
aaronkhosh@gmail.com
Newport Beach Office
23 Corporate Plaza, Suite 100
Newport Beach, CA 92660
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