2216 W Wardlow Rd, Long Beach, CA 90810

$1,500,000
14
BD
7
BA
5,283
SqFt
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Sold Price
$1,500,000
List Price
$1,519,000
Closing Date
Feb 20, 2026
MLS#
25525531
Year Built
1963
Bedrooms
14
Bathrooms
7
Living Sq. Ft
5,283
Lot Size
5,651
Days on Market
274
Property Type
Multifamily
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Property Description

PRICED REDUCED AND READY TO SELL. 9.5 GRM on current rents with upside to 9 GRM and 7.3% CAP. 7 units in Long Beach NOT subject to local rent control - AB 1482 Only (5% + CPI max increase). All units are 2+1's. 4 garages in the front - potential ADU opportunity - Buyer to verify. Property is professionally managed and well-maintained. Laminate flooring, updated kitchens. On-site laundry as well. Seller just spent over $20K updating unit 7 - new cabinets, flooring, etc. EARN OVER A 9% CASH ON CASH RETURN AGAINST IN PLACE RENTS. Qualified Buyers can put as little as 25% down. EMAIL LISTING AGENT FOR MORE INFO INCLUDING A RENT ROLL AND OM.

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Additional Information

Other Buildings
None
Heat
Wall
Cooling
None
Number of Cars in Garage
Assigned
Garage Spaces Total
4
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Courtesy of The Agency, Jonathan Swire - CA DRE#01336277 Selling Office: .

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