2705 E Monroe St
Long Beach, CA 90810
- 9 Beds
- 5 Baths
- 3,796 sqft
$1,025,000
Last Sold: Oct 10, 2025
5% below list $1.07M
$270/sqft
Est. Refi. Payment $6,026/mo*
$1,025,000
Last Sold: Oct 10, 2025
5% below list $1.07M
$270/sqft
Est. Refi. Payment $6,026/mo*
9 Beds
5 Baths
3,796 sqft
Homes for sale near 2705 E Monroe St
Apartments for Rent
Local Information
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Description
2705 E Monroe St presents a rare opportunity to acquire a five unit apartment building in Carson, CA, offering a desirable mix of four 2-bedroom/1-bath units and one 3-bedroom/1-bath unit, totaling 3,796 rentable square feet on a 5,589 SF lot. Withall units currently on month-to-month leases and significant rental upside potential of approximately 82%, this property offers flexibility for investors seeking value-add opportunities or steady long-term income. Originally constructed in 1959, the property has been well maintained and benefits from recent capital improvements (2024), including a new roof, new gutters, freshly painted exterior, and updated wrought iron railings. Interior updates vary by unit, with recent renovations including new laminate flooring, updated kitchens & bathrooms, fresh interior paint, and new fixtures. Each unit is individually metered for gas and electric, which tenants currently pay for. The current ownership pays for water and trash. At market rents, the property has the potential to generate over $137,000 in annual gross income, with pro forma cap rates projected above 10%. Additional upside exists through further cosmetic upgrades and possible ancillary income opportunities. The property's central location in Carson provides convenient access to major freeways, employment hubs, and the ports of Los Angeles and Long Beach, making it attractive to a wide tenant base. Whether you are seeking to reposition for higher returns or secure a stable, well-located multifamily asset, 2705 E MonroeSt offers a compelling investment with strong fundamentals and substantial growth potential.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from October 13, 2025
Home Highlights
Parking
Open Parking
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
$270/sqft
Listed
180+ days ago
Home Details for 2705 E Monroe St
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Beds & Baths Number of Bedrooms: 9Number of Bathrooms: 5 |
Dimensions and Layout Living Area: 3796 Square Feet |
Appliances & Utilities Appliances: Range/Oven, Refrigerator, Washer, Dryer, Microwave, DisposalDisposalDryerMicrowaveRefrigeratorWasher |
Heating & Cooling Heating: WallNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Wall |
Levels, Entrance, & Accessibility Stories: 2Levels: Two |
Security Security: Gated |
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Exterior Home Features Other Structures: Shed(s) |
Parking & Garage Has a CarportHas Open ParkingParking Spaces: 10Parking: Attached Carport,Driveway,Gated |
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Year Built Year Built: 1959 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
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Price List Price: $1,075,000Price Per Sqft: $270/sqft |
Status Change & Dates Off Market Date: Mon Sep 15 2025 |
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MLS Status: Sold |
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Direction & Address City: Carson |
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Building Area Building Area: 3796 Square Feet |
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Lot Area: 5593.104 sqft |
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Special Conditions: Standard |
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Mls Number: 25583537 |
Last check for updates: about 8 hours ago
Listed by John 'Jack' McCann DRE # 01963932, (310) 408-0121
Lyon Stahl Investment Real Estate, Inc., (310) 425-9838
Bought with: John 'Jack' McCann DRE # 01963932, (310) 382-1063, Lyon Stahl Investment Real Estate, Inc., (310) 425-9838
Source: CLAW, MLS#25583537

Price History for 2705 E Monroe St
| Date | Price | Event | Source |
|---|---|---|---|
| 10/10/2025 | $1,025,000 | Sold | CLAW #25583537 |
| 09/15/2025 | $1,075,000 | Contingent | CLAW #25583537 |
| 08/26/2025 | $1,075,000 | Listed For Sale | CLAW #25583537 |
Comparable Sales for 2705 E Monroe St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.08 | Multi-Family Home | $1,500,000 | 01/15/26 | 10 | 5 | 2,968 | |
0.23 | Multi-Family Home | $950,000 | 03/06/26 | 4 | 2 | 1,490 | |
0.83 | Multi-Family Home | $1,500,000 | 02/20/26 | 14 | 7 | 5,283 | |
0.37 | Multi-Family Home | $680,000 | 09/26/25 | 4 | 2 | 1,488 | |
0.94 | Multi-Family Home | $1,430,000 | 09/05/25 | 4 | 4 | 2,414 | |
1.18 | Multi-Family Home | $1,450,000 | 01/09/26 | 12 | 6 | 3,520 |
Assigned Schools
These are the assigned schools for 2705 E Monroe St.
What Locals Say about Long Beach
At least 4433 Trulia users voted on each feature.
93 % Say there are sidewalks
88 % Say it's dog friendly
75 % Say it's walkable to restaurants
71 % Say it's walkable to grocery stores
71 % Say car is needed
67 % Say there's holiday spirit
66 % Say streets are well-lit
62 % Say yards are well-kept
58 % Say people would walk alone at night
54 % Say neighbors are friendly
53 % Say they plan to stay for at least 5 years
52 % Say kids play outside
44 % Say it's quiet
43 % Say there's wildlife
40 % Say parking is easy
31 % Say there are community events
Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections

© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW as of 2026-05-08 14:53:40 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Homes for rent near 2705 E Monroe St
Off Market Homes Near 2705 E Monroe St
2705 E Monroe St, Long Beach, CA 90810 is a 9 bedroom, 5 bathroom, 3,796 sqft multi-family built in 1959. This property is not currently available for sale. 2705 E Monroe St was last sold on Oct 10, 2025 for $1,025,000 (5% lower than the asking price of $1,075,000).

