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$3,900,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 10 Total Beds
  • Updated 17 hours ago
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16 38th Pl, a seven-unit multifamily investment located in a desirable coastal Long Beach rental pocket. Built in 1962, the property offers a rare opportunity to acquire an all-vacant asset, allowing a buyer to immediately execute lease-up, set market rents, and establish predictable cash flow without waiting for tenant turnover. The offering benefits from a durable 1BD / 2BD unit mix, an above-average parking ratio with 10 on-site spaces, and additional ancillary income potential. This is a clean stabilization-driven opportunity with clear NOI growth and long-term hold appeal. Contact the listing team for the Offering Memorandum, financials, and tour details.

Full Property Details for 16 38th Pl

General

  • Price: $3,900,000
  • Status: Active
  • Type: Multi-Family
  • Source: CLAW
  • MLS ID: 26643731
  • Updated: 2/5/2026
  • Added to Site: 5 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 8

Bedrooms

  • Total Bedrooms: 10

Additional Information

  • Other Features: Other

Parking

  • Garage Description: Assigned, Controlled Entrance

Location

  • Area: Belmont Shore, Belmont Park, Naples
  • County: Los Angeles
  • Driving Directions: At the end of 38th Pl

Heating & Cooling

  • Cooling Type: None
  • Heating Type: None

Structural Information

  • # Buildings: 1
  • Stories/Levels: 0
  • Square Feet: 4,275
  • Sq. Ft. Source: Vendor Enhanced
  • Year Built: 1962
  • Year Built Source: Vendor Enhanced

Unit Information

  • Units in Complex: 7
  • Unit Type: 2106, 2107, 2108

Unit 1

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 2

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 3

  • Total Bathrooms: 1
  • Bedrooms: 2

Additional Structures

  • Other Structures: Other

Lot Features

  • Lot Size (Acres): 0.1207
  • Lot Size: 5257
  • Lot Size Source: Vendor Enhanced
  • Lot Dimensions: 50 x 105
  • Zoning: LBR4R

Financial Considerations

  • Price Per Sq. Ft.: $912.28
  • Assessment Year: 1962

Disclosures and Reports

  • Disclosures/Reports: None
  • APN: 7256-001-023

Listed by Lyon Stahl Investment Real Estate, Inc., Taylor Avakian and Lyon Stahl Investment Real Estate, Inc., Aaron Jacobson

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Listing agents

— 16 38th Pl —

  • Taylor Avakian

    Lyon Stahl Investment Real Estate, Inc.

  • Aaron Jacobson

    Lyon Stahl Investment Real Estate, Inc.

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 16 38th Pl

School District:Long Beach Unified School District
NameGradesDistance
Mann Elementary School
257 Coronado Avenue, Long Beach, CA 90803
K-50.6 mi
Jefferson Leadership Academies School
750 Euclid Avenue, Long Beach, CA 90804
6-81.1 mi
Wilson High School
4400 East 10th Street, Long Beach, CA 90804
9-121.3 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 16 38th Pl Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/01/2026
Listed
$3,900,000
22.18%
MLS
3/01/2024
Sold
$3,192,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 16 38th Pl

Year
Property Taxes
Change
Tax Assessment
Change
2025
$42,836
15%
$3,255,840
228%
2024
$37,293
178%
$993,119
2%
2023
$13,401
6%
$973,652
2%
2022
$12,597
2%
$954,566
2%
2021
$12,313
—
$935,855
1%
2020
$12,279
1%
$926,262
2%
2019
$12,134
3%
$907,856
2%
2018
$11,774
1%
$890,056
2%
2017
$11,648
8%
$872,605
2%
2016
$10,817
4%
$855,496
2%
2015
$10,395
—
$842,646
2%
2014
$10,347
3%
$826,141
—
2013
$10,036
—
$822,408
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 16 38th Pl

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Lyon Stahl Investment Real Estate, Inc., Taylor Avakian and Lyon Stahl Investment Real Estate, Inc., Aaron Jacobson

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16 38th Pl, Long Beach, CA 90803 (MLS# 26643731) is a Multi-Family property with units containing 10 bedrooms and 0 full bathrooms. 16 38th Pl is currently listed for $3,900,000 and was received on February 01, 2026. Want to learn more about 16 38th Pl? Do you have questions about finding other Multi-Family real estate for sale in Long Beach? You can browse all Long Beach real estate or contact a Coldwell Banker agent to request more information.

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