426 E. 17th Street is a well-maintained bungalow-style apartment property located in the heart of Long Beach with (9) units plus (1) non-conforming unit. Priced at a 6.44%cap rate and 9.91 GRM based on current rents, the asset offers strong in-place income with additional upside.
The property consists of (4) 1-bed/1-bath units (includes one non-conforming unit), (4) studio units, and two newly constructed accessory dwelling units: (1) 1-bed/1-bath ADU and (1) studio ADU, both completed in 2024/2025. Five of the 10 units have been fully renovated with modern flooring, updated kitchens and bathrooms, and designer fixtures and finishes.
Additional property highlights include new electrical panels and a classic bungalow layout that appeals to tenants seeking charm and privacy.
Ideally located, the property boasts a Walk Score of
84"”"Very Walkable""”with most daily errands easily accomplished on foot. Additionally, the property is just a four-minute walk to the Metro A Line (Blue) at the Pacific Coast Hwy Station, offering convenient transit access throughout Long Beach and the greater Los Angeles area.
|
DAYS ON MARKET
|
2
|
LAST UPDATED
|
6/18/2025
|
|
TRACT
|
Poly High (PH)
|
YEAR BUILT
|
1923
|
|
COMMUNITY
|
9 - Poly High
|
COUNTY
|
Los Angeles
|
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Residential Income
|
| AREA |
9 - Poly High |
| LOT |
7427 sq ft |
| PARKING |
None |
| POOL DESCRIPTION |
None |
| SEWER |
Public Sewer |
| STORIES |
1 |
| SUBDIVISION |
Poly High (PH) |
| WATER |
Public |
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Listed with Keller Williams Realty Downey
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 6/18/25 5:13 PM PDT 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 broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
This IDX solution is (c) Diverse Solutions 2025.
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