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32328508
32328505

496 E 52nd St, Long Beach, CA 90805

TS
CA 01742766
NAI Capital Commercial, Inc
Listed by NAI Capital Commercial, Inc
$1,265,000
28 days on market
Updated 23 days ago
Opportunity zone

496 E 52nd St.

Details
APN 7130-008-016
Property Type Multifamily
Square Footage 2,494
Units 3
Cap Rate 5.57%
NOI $70,412
Tenancy Vacant
Price per SqFt $507
Year Built 1929
Year Renovated 2026
Buildings 2
Lot Size (SqFt) 7,374
Zoning LBR1
Parking Spaces 0 spaces
Investment Type Owner/User

Multifamily | 5.57% CAP | 3 Vacant Units

Marketing description

This offering consists of three units, including a classic Spanish front house rich with authentic old-world character and two newly constructed ADUs completed in 2026.

The front residence is a ±1,178 SF, 3-bedroom, 2-bath Spanish home featuring hallmark architectural details such as an arched picture window, barrel ceiling, mock fireplace, and hardwood floors throughout. The kitchen has been updated with white cabinetry, dishwasher, stackable washer/dryer, newer free-standing stove, refrigerator, and garbage disposal, complemented by an inviting breakfast nook. Additional features include ceiling fans, window A/C units, a fenced front yard with automatic sprinklers, a shared private side patio, and a covered front porch. The property is one block from the Long Beach City bicycle rental station and offers convenient access to the Atlantic Blvd bus line.

Located at the rear of the property are two brand-new ADUs—498A and 498 E 52nd Street—both never occupied and designed with modern finishes and efficient layouts.

The lower ADU is a ±532 SF, 1-bedroom, 1-bath unit.

The upper ADU offers 2 bedrooms, 1 bath, and approximately ±784 SF.

Each ADU features private entrances, wood floors, A/C, tankless water heaters, in-unit washer/dryers, double-pane windows, quartz countertops, dishwashers, and recessed lighting, delivering a turnkey living experience for future tenants. This property presents an exceptional opportunity for an owner-user or investor seeking strong rental income, modern construction, and a character-rich primary residence—all on one site.

Investment highlights

  • Three Unit Asset with Strong Income Potential Includes a character-rich 3BD/2BA Spanish front house plus two brand new ADUs (2026 construction)—all delivered fully upgraded and highly rentable.
  • Turnkey ADUs with Modern Finishes Newly built 1BD/1BA and 2BD/1BA units featuring private entrances, A/C, tankless water heaters, in unit laundry, quartz countertops, and double pane windows.
  • Updated, Well Maintained Front House Classic Spanish architecture with arched window, barrel ceiling, hardwood floors, updated kitchen, in unit laundry, and fenced outdoor spaces.
  • Attractive Owner User Opportunity Live in the spacious front home while generating strong supplemental income from two never occupied ADUs.
  • Located in a Growing North Long Beach Submarket Benefiting from ongoing public and private reinvestment, proximity to parks, schools, and major freeways, and consistent rental demand.

Listing Contacts

TS
CA 01742766
NAI Capital Commercial, Inc
Listed by NAI Capital Commercial, Inc

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$70,412.00
$5,867.67/mo

Valuation Metrics

0
DSCR
5.57%
Cap Rate
5.57%
ROI

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Additional Information

Name
Tim Steuernol
License
01742766
Brokerage
Tim Steuernol
Title
Executive Vice President
Brokerage Address
970 West 190th Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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