#PW24201464, Marvin Malone, Listing office: Amberwood Real Estate, Inc.
#SB25120396·
Listing office: Lyon Stahl Investment Real Estate, Inc.·
Listing agent: John Stiegler II·
Listing office phone: 310-447-2213
$2,450,000 List price
1015 E 20th St Long Beach, CA 90806
0.3 acres
Condo
Property details
About 1015 E 20th St
We are pleased to present the opportunity to acquire a well-performing 10-unit multifamily investment in the heart of Long Beach. Located at 1001–1015 E 20th Street, this asset offers a highly desirable mix of spacious 1, 2, and 3 bedroom units totaling approximately 9,641 rentable square feet on a 10,991 SF lot. This building has the lowest price per foot metric and the highest CAP rate metric on the market currently!! The building delivers immediate day-one cash flow with a current CAP rate of 7.33%, while significant upside remains through rental increases and a potential ADU addition via an existing structure. Pro forma projections push returns to a 9.27% CAP and over 21% cash-on-cash return. Additional features include gated parking lots for tenants and separate gas & electric meters, helping keep operating costs low. Property to be sold As-Is. Inquire for further details. Buyer to verify any and all information.
Highlights
Home typeCondominium
StatusAccepting Backup Offers
(Active Under Contract)
(Active Under Contract)
Lot size0.2523 Acres
Year built1924
MLS #SB25120396
Garage1 space
Summary
- Fireplace: None
- Garage Space: 1 space
- Private Pool: No
- List Price: $2,450,000
- Annual Tax Amount: $11,375
- Tax Year: 2024
- Directions: 20th St & MLK
- Year Built: 1924
- Stories: 2
- Lot Size: 0.2523 Acres
- MLS Number: SB25120396
- MLS Name: CRMLS
- Office Name: Lyon Stahl Investment Real Estate, Inc.
- Office Phone: (310) 447-2213
- Listing Agent: John Stiegler II
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 broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/27/2025, 6:45:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jun 19, 2015 | Home Sold | $1,150,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $813,008 | $11,375 |
| 2023 | $797,068 | $11,178 |
| 2022 | $781,440 | $10,514 |
| 2021 | $766,119 | $10,277 |
| 2020 | $758,264 | $10,131 |
| 2019 | $743,397 | $9,788 |
| 2018 | $728,821 | $9,685 |
| 2017 | $714,532 | $9,685 |
History based on county public records data.
Nearby schools
8
Alvarado Elementary School
Public District KG-5
0.3 mi
•1400 E 20th St
4
Smith Elementary School
Public District KG-5
0.4 mi
•565 E Hill St
7
Signal Hill Elementary School
Public District KG-5
0.5 mi
•2285 Walnut Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $29,465. The most common annual income of people living in Long Beach, CA is less than $<35k. The majority of families are married, with kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
62%
<35k
32%
35k-100k
5%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
27%
Single, No Kids
28%
Single, with Kids
12%
Married, No Kids
33%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
19%
<11 yrs old
13%
12-17 yrs old
28%
18-34 yrs old
33%
35-64 yrs old
7%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Pro Boxing
Major League Soccer (MLS)
Where do the neighbors shop?
Ross Dress For Less
Foot Locker
H&M
Where do the neighbors go to eat?
Jack In The Box
Little Caesars
Boston Market
What do the neighbors drive?
Nissan
Dodge
Honda
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
Similar homes for sale
#SB25025508, Cameron Samimi, Listing office: Lyon Stahl Investment Real Estate, Inc.
#DW25065291, Aaron Soliz, Listing office: eXp Realty of Greater L.A
#PW25135860, Robert Stepp, Listing office: Keller Williams Realty Downey
#OC25078995, Pat Swanson, Listing office: Pat Swanson
#SB25107697, Ryan Versfelt, Listing office: Lyon Stahl Investment Real Estate, Inc.
#PW25157783, Cody Charnell, Listing office: Sage Real Estate Group, Inc.
#PW25136808, Christopher Arvizu, Listing office: Christopher Arvizu
#PW25156975, Daniel Ho, Listing office: Triumph Real Estate Solutions
#PW24230586, Derrick Coleman, Listing office: D & D Properties
Frequently asked questions
About 1015 E 20th St
The listing price of 1015 E 20th St property is $2,450,000.
The property 1015 E 20th St is a condo located in Long Beach, California, 90806.
Accepting Backup Offers: 1015 E 20th St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
The nearby schools for 1015 E 20th St are: Alvarado Elementary School (GreatSchools Rating 8/10), Smith Elementary School (GreatSchools Rating 4/10), Signal Hill Elementary School (GreatSchools Rating 7/10), Jessie E. Nelson Academy (GreatSchools Rating 4/10), Washington Middle School (GreatSchools Rating 3/10), Robinson K - 8 Academy (GreatSchools Rating 4/10), Polytechnic High School (GreatSchools Rating 6/10), Clear Passage Educational Center (GreatSchools Rating 1/10), Intellectual Virtues Academy (GreatSchools Rating 5/10).
According to the records, the last property tax for 2024 is $11,375 (source: MLS/based on county public records data).
The last sale was on June 19, 2015 for $1,150,000 (source: MLS/tax record).
The property at 1015 E 20th St has 0 bathroom.
The year of construction for 1015 E 20th St is 1924.
This home is located at 1015 E 20th St in Long Beach, CA and zip code 90806 in the The Harbor neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since May 30, 2025 and is currently priced at $2,450,000.
Over 73 listings were sold over their listed price in June 2025 in Long Beach, CA. In the same period over 90 listings were sold below the listed price and 33 listings were sold for the listed price. Between May and June 2025, Long Beach, CA real estate market has seen increase in the number of listings by 4.8%. Listings spent 34 days on the market in June 2025, and had a median list price of $836,224 during the same period.
From Rocket Homes Real Estate and based on county public records data.