$2,195,000
16 bd · 8 ba · · 7,423 sqft lot
46 E Plymouth St, Long Beach, CA 90805
Multi-family · Built 1964 ·
$13,443/mo est. payment
- Garage
- 6 cars
Flood factor 5/10
About this home
The Plymouth Street Apartments is an 8-unit apartment community located in the City of Long Beach, one of the premier rental markets in Los Angeles County, California. Built in 1964, the property features an attractive and consistent unit mix comprised entirely of two-bedroom/ one-bathroom units, totaling approximately 6,808 square feet on a 7,424 square foot lot. Recent capital improvements include new garage doors, new electrical sub-panels, and new vinyl windows. Additional amenities include a spacious community laundry room, six (6) single-car garages with front driveway parking, and one (1) additional surface parking space. This offering presents a rare opportunity for investors to acquire a stable asset generating a 6.08% CAP Rate on current income, with upside potential to a 8.37% CAP Rate at market rents. Located in the highly desirable Long Beach rental market, the Plymouth Street Apartments is well positioned to deliver strong cash flow and long-term value appreciation.
Facts and features
Bedrooms
- Bedrooms: 16
Bathrooms
- Total Bathrooms: 8
- Full Bathrooms: 8
Appliances
- Laundry Features: Community
Land Info
- Additional Parcels: No
- Land Lease: No
- Lot Description: Near Public Transit
- Lot Size Acres: 0.1704
- Lot Size Source: Public Records
- Lot Size Square Feet: 7424
Garage and Parking
- Garage Spaces: 6
- Parking Total: 6
Multi-Unit Info
- Number of Buildings: 1
- Number of Units: 8
- Bedrooms in Unit-1: 2
- Total Bathrooms in Unit-1: 1
- Full Bathrooms in Unit-1: 1
- Unit-1 Furnished Description: Unfurnished
- Unit 1 Total Actual Rent: 15288
Rental Info
- Gross Income: 185256
- Gross Scheduled Income: 183456
- Vacancy Allowance: 5558
- Rent Control: Yes
Amenities and Community Features
- Community Features: Curbs, Street Lights, Storm Drains, Sidewalks
Schools
- 5
Addams Elementary School
elementary · K-5 · 0.2 mi
- 3
Lindsey Academy
middle · 6-8 · 0.5 mi
- 3
Jordan High School
high · 9-12 · 1.4 mi
St. Athanasius Elementary School
elementary · K-8 · 0.5 mi
- 4
Dooley Elementary School
elementary · K-5 · 0.3 mi
Spectrum Center- Long Beach Middle Market Street
elementary · 2-12 · 0.7 mi
Price history
- Jun 10, 2026 · Price Changed$2,195,000
- Apr 3, 2026 · Price Changed$2,375,000
- Jan 29, 2026 · Listed$2,475,000
- Jan 11, 2022 · Sold$2,259,000
- Jan 24, 2020 · Sold$1,900,000
- Sep 22, 1995 · Sold$217,500
Tax history
- 2025$32,259 tax · $2,445,211 assessed
- 2024$30,836 tax · $2,397,267 assessed
- 2023$30,316 tax · $2,304,180 assessed
- 2022$24,771 tax · $1,949,042 assessed
- 2021$24,259 tax · $1,910,826 assessed
- 2020$5,458 tax · $330,362 assessed
- 2019$5,397 tax · $323,886 assessed
- 2018$5,146 tax · $317,537 assessed
Home value
$2,604,439
- Quantarium$2,604,439
Where it is
Listed by Greg Bassirpou · Marcus & Millichap Re Invest · CRMLS
