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$1,925,000
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Property Description
Profit-Driven Investment Opportunity at 1734 E. Erie St., Long Beach. This well-maintained and professionally managed 7-unit property, built in 1987, features an efficient and desirable unit mix of five 2-bedroom, 2.5-bath townhouse-style residences and two sizable 1-bedroom, 1-bath units, ideal for capturing a broad tenant base and strong rental demand. Recent capital improvements, including a brand-new roof and completed balcony inspection with repairs, significantly reduce near-term expenses and provide investors with stability and predictable cash flow. Tenants will enjoy seven covered on-site parking spaces in a private, gated garage, a premium convenience in Long Beach. Nestled in the residential Alamitos Beach neighborhood , the property is just blocks from Carrol Park and Alamitos beach, offering easy coastal access. Estimated walking or biking time to the waterfront is likely under 10 minutes, making it highly appealing for tenants seeking a beach-adjacent lifestyle. The location also delivers vibrant urban convenience just minutes from the boutique restaurants and eclectic shops along Retro Row and 4th Street. Situated within a charming neighborhood primarily composed of single-family homes, this offering combines tenant lifestyle appeal with consistent, long-term rental demand and strong appreciation potential.
Full Property Details
Full Property Details for 1734 E Erie St
General
- Sold For: $1,925,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: PW25200466
- Added to Site: 133 day(s) ago
Interior
- Rooms/Areas: All Bedrooms Up, Walk-In Closet
- Interior Features: Ceiling Fan(s)
- Fireplace(s): None
- Appliances: Free-Standing Range, Refrigerator
- Flooring: Carpet, Vinyl
Rooms
Other Rooms
- Laundry: Common Area
Additional Information
- Pool Description: None
Exterior
- Exterior Features: Awning(s)
Parking
- Garage Spaces: 7
- Parking Features: Automatic Driveway Gate, Community Structure, Paved, Garage Door Opener, Pull-Through
- Parking: Automatic Driveway Gate, Community Structure, Paved, Garage Door Opener, Pull-Through
Location
- Area: 4 - Downtown Area, Alamitos Beach
- County: Los Angeles
- Development Name: 4 - Downtown Area, Alamitos Beach
- Driving Directions: just north of 4th
Heating & Cooling
- Cooling Type: None
- Heating Type: Central
Utilities
- Sewer: Sewer Paid
- Water: Public
- # Water Meters: 1
- # Gas Meters: 8
- # Electric Meters: 8
Structural Information
- Roof: Composition, Flat, Rolled/Hot Mop
- Entry Location: 2
- Stories/Levels: One
- Stories Description: One
- Square Feet: 5,840
- Year Built: 1987
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 3
- Bedrooms: 2
Unit 2
- Number of Units: 1
- Total Bathrooms: 3
- Bedrooms: 2
Unit 3
- Number of Units: 1
- Total Bathrooms: 3
- Bedrooms: 2
Unit 4
- Number of Units: 1
- Total Bathrooms: 3
- Bedrooms: 2
Unit 5
- Number of Units: 1
- Total Bathrooms: 3
- Bedrooms: 2
Unit 6
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 7
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Property View: Neighborhood
- Lot Size (Acres): 0.1195
- Lot Size Source: Assessor
- Zoning: LBR1N
- Lot Description: Rectangular Lot
Financial Considerations
- Price Per Sq. Ft.: $329.62
- Price Per Unit: 271429
Listed and Sold by Keller Williams Pacific Estate, Jessica Panzica
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Schools
Schools serving 1734 E Erie St
School District:Long Beach Unified School District
| Name | Grades | Distance |
|---|---|---|
Burbank Elementary School, Long Beach, CA 501 Junipero Avenue, Long Beach, CA 90814 | K-5 | 0.4 mi |
Franklin Classical Middle School 540 Cerritos Avenue, Long Beach, CA 90802 | 6-8 | 0.5 mi |
Polytechnic High School, Long Beach, CA 1600 Atlantic Ave., Long Beach, CA 90813 | 9-12 | 1.4 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 1734 E Erie St
Date
Details
Price
Change
Source
11/21/2025
Sold
$1,925,000
1.32%
MLS
9/05/2025
Listed
$1,900,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1734 E Erie Street, Long Beach, CA 90802 (MLS# PW25200466) is a Multi-Family property that was sold at $1,925,000 on November 21, 2025. Want to learn more about 1734 E Erie Street? 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.

