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Profit-Driven Investment Opportunity at 1734 E. Erie St., Long Beach. This well-maintained and professionally managed 7-unit property, built in 1987, features an efficient and desirable unit mix of five 2-bedroom, 2.5-bath townhouse-style residences and two sizable 1-bedroom, 1-bath units, ideal for capturing a broad tenant base and strong rental demand. Recent capital improvements, including a brand-new roof and completed balcony inspection with repairs, significantly reduce near-term expenses and provide investors with stability and predictable cash flow. Tenants will enjoy seven covered on-site parking spaces in a private, gated garage, a premium convenience in Long Beach. Nestled in the residential Alamitos Beach neighborhood , the property is just blocks from Carrol Park and Alamitos beach, offering easy coastal access. Estimated walking or biking time to the waterfront is likely under 10 minutes, making it highly appealing for tenants seeking a beach-adjacent lifestyle. The location also delivers vibrant urban convenience just minutes from the boutique restaurants and eclectic shops along Retro Row and 4th Street. Situated within a charming neighborhood primarily composed of single-family homes, this offering combines tenant lifestyle appeal with consistent, long-term rental demand and strong appreciation potential.
| DAYS ON MARKET | 5 | LAST UPDATED | 9/8/2025 |
|---|---|---|---|
| TRACT | Alamitos Beach (AB) | YEAR BUILT | 1987 |
| COMMUNITY | 4 - Downtown Area, Alamitos Beach | GARAGE SPACES | 7.0 |
| COUNTY | Los Angeles | STATUS | Active |
| PROPERTY TYPE(S) | Residential Income |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| APPLIANCES | Free-Standing Range, Refrigerator |
| AREA | 4 - Downtown Area, Alamitos Beach |
| CONSTRUCTION | Stucco, Wood Siding |
| EXTERIOR | Awning(s) |
| GARAGE | Yes |
| HEAT | Central |
| INTERIOR | Ceiling Fan(s), Walk-In Closet(s) |
| LOT | 5205 sq ft |
| LOT DESCRIPTION | Rectangular Lot |
| PARKING | Electric Gate, Garage, Garage Door Opener, Paved, Community Structure |
| POOL DESCRIPTION | None |
| STORIES | 1 |
| SUBDIVISION | Alamitos Beach (AB) |
| UTILITIES | Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | Neighborhood |
| WATER | Public |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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Based on information from California Regional Multiple Listing Service, Inc. as of 9/10/25 12:20 AM 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
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