Home | Los Angeles County | Long Beach | 90805 | 92 E Louise
MLS: CRPW26180123 | Status: Active | Price: $1,100,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 5,857 | 1953 |
92 E. Louise Street presents the opportunity to acquire a well- maintained four-unit multifamily property offering strong in-place cash flow, meaningful rental upside, and additional long-term value creation potential in North Long Beach. Built in 1953, the property consists entirely of two-bedroom/one- bath units, each approximately 740 square feet, providing a highly desirable and consistent unit mix with broad renter appeal. Current rents average approximately $2,138 per month, compared with nearby rent comparables averaging approximately $2,538 per month, demonstrating substantial embedded rental upside. The property has also benefited from several significant capital improvements, including new windows throughout the building, recent re-piping, exterior painting within the past three years, and a new electronic security gate. These improvements reduce near- term capital expenditure exposure while enhancing the property's overall functionality and tenant appeal. The property's four detached garages and additional surface spaces present the opportunity to add immediate income through parking fees or convert garages to ADUs for future additional rental income (buyer to verify).The offering compares favorably with recent four-unit sales in the surrounding market. At $275, 000 pe
| Field | Value |
|---|---|
| MLS # | CRPW26180123 |
| MLS Source | California Regional MLS |
| Days on Site | 1 |
| Feature | Details |
|---|---|
| Laundry | Community Facility |
| Feature | Details |
|---|---|
| Pool | None |
| Feature | Details |
|---|---|
| Garage/Parking | Garage: 4 Car(s) |
Robert Stepp
Keller Williams Realty Downey
License #: 01456379
Phone: (310) 774-3740
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | – | 4 |
School data provided by GreatSchools.org
| School | Type | Grades | Distance | Rating |
|---|---|---|---|---|
| Addams Elementary School | public | K-5 | 0.21 mi | 5 |
| Dooley Elementary School | public | K-5 | 0.52 mi | 4 |
| Lindsey Academy | public | 6-8 | 0.62 mi | 3 |
| Lindbergh Middle School | public | 6-8 | 0.73 mi | 4 |
| Powell Academy For Success | public | K-8 | 0.83 mi | 4 |
| Barton Elementary School | public | K-5 | 1.08 mi | 4 |
| Harte Elementary School | public | K-5 | 1.31 mi | 6 |
| Jordan High School | public | 9-12 | 1.35 mi | 3 |
| King Elementary School | public | K-5 | 1.50 mi | 4 |
| Grant Elementary School | public | K-5 | 1.54 mi | 4 |
| Dominguez Elementary School | public | K-5 | 1.75 mi | 8 |
| Los Cerritos Elementary School | public | K-5 | 1.86 mi | 8 |
| Rancho Dominguez Preparatory | public | 6-12 | 1.91 mi | 4 |
| Hamilton Middle School | public | 6-8 | 1.98 mi | 4 |
| Hughes Middle School | public | 6-8 | 2.03 mi | 7 |
| Longfellow Elementary School | public | K-5 | 2.04 mi | 9 |
| Madison Elementary School | public | K-5 | 2.30 mi | 8 |
| Kelly Elementary School | public | K-8 | 2.33 mi | 8 |
| Emerson Elementary School | public | K-8 | 2.33 mi | 5 |
| Leona Jackson School | public | 6-8 | 2.44 mi | 6 |
| Address | Price | Beds | Baths | Sq Ft | Status |
|---|---|---|---|---|---|
| 6140 Orange Ave | $1,020,000 | – | – | – | Active |
| 3706 Pine | $1,149,900 | – | – | – | PendingDoNotShow |
| 716 718 S Harris Ave | $880,000 | – | – | – | PendingDoNotShow |
| 200 W 37th | $998,000 | – | – | – | Active |
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This listing information is up-to-date as of August 18, 2026. For the most current information, please contact Robert Stepp, (310) 774-3740.