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Lakeview Marketplace, LLC

LKV Realty, LLC

4425 Ponce de Leon

2nd Floor

Coral Gables, FL 33146

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$1,200,000

$6,000Reward *

2922 E 15th Street, Long Beach, CA 90804Listing ID PW26171369

2922 E 15th Street, Long Beach, CA 90804

Active

Circle (CA)

Time on site: 11 days • Last updated: 1 day ago

Property Type

Residential Income

Property Sub Type

Apartment

Square Feet

3,950

Acres

0.12

Days on Site

Cooling

See Remarks

Heating

See Remarks, Wall Furnace

Listing provided by Kendra Miller • Keller Williams Coastal Prop., (562) 961-1400

Market Report for 90804

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: California Regional MLS

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

For corrections to this data please contact Brytecore MLS Support.

PMILLKEN

Parking

On Site, Off Street, Tandem, Unassigned, Uncovered

Traffic circle adjacent, 6-unit apartment building in which $156,500 has been spent on capital improvements over the last year. These improvements include a new roof (May 2026), sewer work and installation of a sewer clean out, renovated laundry room including the purchase of 3 washing machines and 3 dryers, exterior dawn to dusk lighting, addition of coded locks on the gates, and a fully renovated 2-bedroom unit. The renovation of this unit includes the following new items: mini split providing heat and air conditioning, kitchen cabinets, counters and appliances, luxury vinyl flooring, windows and blinds, lighting fixtures, and beautifully remodeled bathroom. The desirable unit mix includes 5 - 2 bedroom/1 bathroom units and 1-1 bedroom/1 bathroom unit. There are 5 tandem parking spots behind the building providing parking for up to 10 cars depending on vehicle size. The cap rate is approximately 6% and the GRM is approximately 10 - these numbers were calculated using the actual rents for the 4 occupied units and pro forma rents for the two vacant units.

Property Information

Property Details

Location

Address

2922 E 15th Street

County

Los Angeles

City

Long Beach

Zip Code

90804

Subdivision

Circle (CA)

MLS Area

3 - Eastside, Circle Area

Interior Features

Other Rooms

Laundry Features

Laundry Room, Outside

Building

Building Information

Square Feet

3,950

Year Built

1960

Stories

Construction

Stucco

Roof

Flat

Financial

Special Conditions

Trust