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Millman Team Real Estate

$2,195,000
0.17 Acre Lot

46 E Plymouth, Long Beach, California 90805

  • Residential Income Property Type
  • 1964 Year Built
Property Description

The Plymouth Street Apartments is an 8-unit apartment community located in the City of Long Beach, one of the premier rental markets in Los Angeles County, California. Built in 1964, the property features an attractive and consistent unit mix comprised entirely of two-bedroom/ one-bathroom units, totaling approximately 6, 808 square feet on a 7, 424 square foot lot. Recent capital improvements include new garage doors, new electrical sub-panels, and new vinyl windows. Additional amenities include a spacious community laundry room, six (6) single-car garages with front driveway parking, and one (1) additional surface parking space. This offering presents a rare opportunity for investors to acquire a stable asset generating a 6.08% CAP Rate on current income, with upside potential to a 8.37% CAP Rate at market rents. Located in the highly desirable Long Beach rental market, the Plymouth Street Apartments is well positioned to deliver strong cash flow and long-term value appreciation.

Basic Details
Residential Income
For Sale
OC26021177
$2,195,000
1964
0.17 Acre
Active
Apartment
Features
: None
: Common Area
: Public Sewer
$0
Address Map
CA
Los Angeles
Long Beach
90805
Plymouth
46
W119° 48' 21.1''
N33° 51' 10.8''
Please do not disturb tenants; make subject to inspection.
699 - Not Defined
E
Additional Information
$0
$0
$0
$0
$0
6808
: Sidewalks, Street Lights, Curbs, Storm Drain(s)
1
6.0
: Near Public Transit
8
2026-01-29
2375000
2
: Public
Broker/Agent Information
Marcus & Millichap RE Invest
Greg Bassirpou
Listing Information
SBASSGRE
H05626
Cash, Cash to New Loan, 1031 Exchange
Active
2026-06-10T19:28:49Z
CRMLS
: Standard
2026-01-29T11:05:09Z
Agent info
Jon Millman
21250 Hawthorne Blvd, Suite 750, Torrance, CA 90503
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