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$1,165,000
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Property Description
Traffic circle adjacent, 6-unit apartment building in which $156,500 has been spent on capital improvements over the last year. These improvements include a new roof (May 2026), sewer work and installation of a sewer clean out, renovated laundry room including the purchase of 3 washing machines and 3 dryers, exterior dawn to dusk lighting, addition of coded locks on the gates, and a fully renovated 2-bedroom unit. The renovation of this unit includes the following new items: mini split providing heat and air conditioning, kitchen cabinets, counters and appliances, luxury vinyl flooring, windows and blinds, lighting fixtures, and beautifully remodeled bathroom. The desirable unit mix includes 5 - 2 bedroom/1 bathroom units and 1-1 bedroom/1 bathroom unit. There are 5 tandem parking spots behind the building providing parking for up to 10 cars depending on vehicle size. The cap rate is approximately 6% and the GRM is approximately 10 - these numbers were calculated using the actual rents for the 4 occupied units and pro forma rents for the two vacant units.
Full Property Details
Full Property Details for 2922 E 15th St
General
- Sold For: $1,165,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: PW26171369
- Added to Site: 59 day(s) ago
Interior
- Rooms/Areas: Living Room
- Fireplace(s): None
- Flooring: Tile, Vinyl, Carpet
Rooms
Other Rooms
- Laundry: Individual Room, Outside
Additional Information
- Pool Description: None
- Spa Description: None
Exterior
- Exterior Features: Lighting
Parking
- Parking Features: Off-Street, On-Site, Unassigned, Tandem Uncovered
- Parking: Off-Street, On-Site, Unassigned, Tandem Uncovered
Location
- Area: 3 - Eastside, Circle Area
- County: Los Angeles
- Development Name: 3 - Eastside, Circle Area
- Driving Directions: Property is located on 15th between Orizaba and Temple
Heating & Cooling
- Cooling Type: See Remarks
- Heating Type: Wall Furnace, See Remarks
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 7
- # Electric Meters: 6
Structural Information
- Architectural Style: Traditional
- Roof: Flat
- Entry Location: 1
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 3,950
- Year Built: 1960
Unit Information
Unit 1
- Number of Units: 3
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 4
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Property View: None
- Lot Size (Acres): 0.115
- Lot Size Source: Assessor
- Lot Description: Level with Street, Rectangular Lot, Near Public Transit, Front Yard
Financial Considerations
- Price Per Sq. Ft.: $294.94
- Price Per Unit: 200000
Listed by Keller Williams Coastal Prop., Kendra Miller
Sold by Landmark Realtors, Inc., Jonathan Gallagher
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Schools
Schools serving 2922 E 15th St
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 | 0.1 mi |
Jefferson Leadership Academies School 750 Euclid Avenue, Long Beach, CA 90804 | 6-8 | 0.8 mi |
Wilson High School 4400 East 10th Street, Long Beach, CA 90804 | 9-12 | 1.1 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 2922 E 15th St
Date
Details
Price
Change
Source
8/31/2026
Sold
$1,165,000
-2.92%
MLS
8/06/2026
Listed
$1,200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2922 E 15th Street, Long Beach, CA 90804 (MLS# PW26171369) is a Multi-Family property that was sold at $1,165,000 on August 31, 2026. Want to learn more about 2922 E 15th 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.

