Date
Details
Price
Change
Source
7/28/2026
Listed
$2,999,999
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/43
$2,999,999
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Property Description
$20k/month with One 2 bed 2 bath unit is vacant!! Actual Rents bring the building to 6% cap rate with the vacant unit. If vacant unit is rented at $2,500/month, cap rate jumps to 7%. Opportunity to own a well-maintained 12-unit income property located in the desirable city of Long Beach. This property features an excellent unit mix consisting of eight 2-bedroom, 1-bathroom units and four 1-bedroom, 1-bathroom units, offering strong rental appeal and long-term investment potential. The spacious unit layouts provide desirable living arrangements for tenants, with a mix that appeals to a wide range of renters.
Conveniently located near shopping, dining, entertainment, public transportation, and major freeways, this property offers accessibility and convenience for residents. An excellent opportunity for investors seeking a multifamily asset in a highly sought-after Long Beach rental market.
Full Property Details
Full Property Details for 1755 Sherman
General
- Price: $2,999,999
- Status: Active
- Type: Multi-Family
- Source: MRMLS
- MLS ID: DW26165133
- Updated: 8/7/2026
- Days on Market: 15 days
- Added to Site: 15 day(s) ago
Rooms
Other Rooms
- Laundry: Individual Room, Outside
Additional Information
- Pool Description: None
Parking
- Garage Spaces: 16
Location
- Area: 3 - Eastside, Circle Area
- County: Los Angeles
- Development Name: 3 - Eastside, Circle Area
- Driving Directions: From the I-405, exit Cherry Ave. Head south on Cherry Ave, turn left on Anaheim St, then right on Sherman Pl. Property is on the right.
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 12
- # Electric Meters: 12
Structural Information
- Entry Location: Front
- Square Feet: 9,028
- Year Built: 1987
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 4
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 2
Unit 5
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 2
Unit 6
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 2
Unit 7
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 8
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 9
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 2
Unit 10
- Total Bathrooms: 2
- Bedrooms: 2
Unit 11
- Total Bathrooms: 2
- Bedrooms: 2
Unit 12
- Total Bathrooms: 2
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.1955
- Lot Size (Sq. Ft.): 8,514
- Lot Size Source: Assessor
- Lot Description: Paved, Rectangular Lot, Level
Financial Considerations
- Price Per Sq. Ft.: $332.3
- Price Per Unit: 250000
Listed by J A T S Enterprises, Inc., Jeanet Salazar
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Listing agent
— 1755 Sherman —
Jeanet Salazar
J A T S Enterprises, Inc.
323-356-3638
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 1755 Sherman
School District:Long Beach Unified School District
| Name | Grades | Distance |
|---|---|---|
Lee Elementary School, Long Beach, CA 1620 Temple Avenue, Long Beach, CA 90804 | K-5 | 0.5 mi |
Jefferson Leadership Academies School 750 Euclid Avenue, Long Beach, CA 90804 | 6-8 | 1.4 mi |
Wilson High School 4400 East 10th Street, Long Beach, CA 90804 | 9-12 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1755 Sherman
Tax History
Tax History for 1755 Sherman
Year
Property Taxes
Change
Tax Assessment
Change
2025
$18,387
7%
$1,249,328
4%
2023
$17,227
6%
$1,202,317
2%
2022
$16,209
2%
$1,178,772
2%
2021
$15,824
—
$1,155,689
1%
2020
$15,780
1%
$1,143,855
2%
2019
$15,597
3%
$1,119,957
2%
2018
$15,144
1%
$1,097,998
2%
2017
$14,983
8%
$1,076,470
2%
2016
$13,912
4%
$1,055,364
2%
2015
$13,382
—
$1,039,513
2%
2014
$13,343
3%
$1,019,152
—
2013
$12,951
—
$1,014,547
—
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
Estimate the Cost for 1755 Sherman
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- Condo
- Active
- Updated 1 day ago
- 2Beds
- 2Total Baths
- 1,157Sq. Ft.
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- Condo
- Active
- Updated 5 days ago
- 2Beds
- 2Total Baths
- 1,179Sq. Ft.
- Condo
- Active
- Updated 2 days ago
- 2Beds
- 2Total Baths
- 1,032Sq. Ft.
- Condo
- Active
- Updated 7 hours ago
- 2Beds
- 2Total Baths
- 1,524Sq. Ft.
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1755 Sherman, Long Beach, CA 90804 (MLS# DW26165133) is a Multi-Family property with 12 units containing 0 bedrooms and 0 full bathrooms. 1755 Sherman is currently listed for $2,999,999 and was received on July 28, 2026. Want to learn more about 1755 Sherman? 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.