$2,450,000

1360 Euclid Ave Long Beach, CA 90804

$10,000
Closing credit¹
0.1 acres
Condo

Property details

About 1360 Euclid Ave

**SELLER FINANCING AVAILABLE**Discover this charming Spanish-style 13-unit apartment building nestled in the heart of Long Beach’s vibrant East Side neighborhood. Combining timeless architectural appeal with modern upgrades, this property presents an exceptional opportunity for investors seeking a value-add asset with significant income potential. With a remarkable 35% upside in rents, a new owner can unlock tremendous cash flow while capitalizing on the extensive improvements already completed. Improvements include the installation of 13 new wall heaters (1990), a full repipe of gas lines (1998), a complete replacement of water supply lines (2006),14 new electric meters (1990), double-pane vinyl windows throughout (2017), new 100 gallon water heater (2022), and all ABS plastic drain lines. The original floor plans also offer an opportunity for reconfiguration to unlock even more rental income potential. This reconfiguration has already been completed on unit #10. Seller financing is available for qualified buyers. Seller's will consider carrying financing with 25% down, 5% interest rate, and up to a 10 year loan term. Financing terms are dependent on offer price.

Highlights

Home typeCondominium
HeatingWall Furnace
StatusActive
Lot size0.1493 Acres
Year built1923
MLS #PW24249846

Summary

  • MLS Number: PW24249846
  • MLS Name: CRMLS
  • Office Name: Sage Real Estate Group, Inc.
  • Office Phone: (562) 896-3851
  • Listing Agent: Cody Charnell

IDX 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: 3/15/2025, 12:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$2,450,000

1360 Euclid Ave

$10,000

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Jan 18, 2008
Home Sold
$1,200,000

Tax history

YearAssessmentProperty Tax
2024$1,546,260$21,175
2023$1,515,960$20,796
2022$1,486,256$19,536
2021$1,457,134$19,119
2020$1,441,244$18,845
2019$1,412,986$18,334
2018$1,385,282$18,137
2017$1,358,120$18,137

History based on county public records data.

Nearby schools

7

Bryant Elementary School

Public District KG-5

0.2 mi

4101 E Fountain St

5

Willard Elementary School

Public District KG-5

0.5 mi

1055 Freeman Ave

6

Nieto Herrera Elementary School

Public District KG-5

0.6 mi

1620 Temple Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $67,794. The most common annual income of people living in Long Beach, CA is between $35k-100k. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

21%
<35k
53%
35k-100k
19%
100k-200k
7%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

59%
Single, No Kids
12%
Single, with Kids
15%
Married, No Kids
14%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

12%
<11 yrs old
6%
12-17 yrs old
32%
18-34 yrs old
40%
35-64 yrs old
10%
65+ yrs old

What do the neighbors do for fun?

  • Major League Soccer (MLS)Major League Soccer (MLS)
  • TennisTennis
  • Music ConcertsMusic Concerts

Where do the neighbors shop?

  • Banana RepublicBanana Republic
  • Crate & BarrelCrate & Barrel
  • H&MH&M

Where do the neighbors go to eat?

  • Jack In The BoxJack In The Box
  • StarbucksStarbucks
  • ChipotleChipotle

What do the neighbors drive?

  • ToyotaToyota
  • BMWBMW
  • VolkswagenVolkswagen

What do the neighbors listen to?

  • JazzJazz
  • NewsNews
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1360 Euclid Ave

This home is located at 1360 Euclid Ave in Long Beach, CA and zip code 90804 in the The Harbor neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since December 16, 2024 and is currently priced at $2,450,000.

While more than 54 listings in Long Beach, CA in February 2025 were sold above asking price, there were more than 22 listings sold at asking price, and more than 62 were sold below. Between January and February 2025, Long Beach, CA real estate market has seen increase in the number of listings by 2.2%. While the average time on the market in February 2025 was 42 days, the median list price was $823,240.

From Rocket Homes Real Estate and based on county public records data.

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