Listed by Robert Stepp, Keller Williams Realty Downey, (562) 334-1500
$1,100,000
- 8 Beds
- 4 Baths
- 2,961 sqft
92 E Louise St, Long Beach, CA 90805
Est. Mortgage $6,644/mo*
Get Pre-QualifiedHome Highlights
Parking
Garage
Price/Sqft
$371
Listed
11 days ago
Local Information
-- mins to
About this House
92 E. Louise Street presents the opportunity to acquire a well- maintained four-unit multifamily property offering strong in-place cash flow, meaningful rental upside, and additional long-term value creation potential in North Long Beach. Built in 1953, the property consists entirely of two-bedroom/one- bath units, each approximately 740 square feet, providing a highly desirable and consistent unit mix with broad renter appeal. Current rents average approximately $2,138 per month, compared with nearby rent comparables averaging approximately $2,538 per month, demonstrating substantial embedded rental upside. The property has also benefited from several significant capital improvements, including new windows throughout the building, recent re-piping, exterior painting within the past three years, and a new electronic security gate. These improvements reduce near- term capital expenditure exposure while enhancing the property's overall functionality and tenant appeal. The property's four detached garages and additional surface spaces present the opportunity to add immediate income through parking fees or convert garages to ADUs for future additional rental income (buyer to verify).The offering compares favorably with recent four-unit sales in the surrounding market. At $275, 000 per unit, 92 E. Louise is priced below the comparable-set average of approximately $306,750 per unit, while offering a substantially stronger going-in yield than the comparable average cap rate of approximately 5.32% For investors seeking strong current yield with identifiable upside, 92 E. Louise Street offers a compelling combination of in-place cash flow, below-market rents, an all-two-bedroom unit mix, recent capital improvements, and potential future ADU development—all at a basis below recent comparable four-unit sales.
Home Details for 92 E Louise St
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Beds & Baths Number of Bedrooms: 8Number of Bathrooms: 4 |
Appliances & Utilities Laundry: Common Area |
Windows, Doors, Floors & Walls Common Walls: 2+ Common Walls |
Levels, Entrance, & Accessibility Number of Stories: 2Entry Location: 1 |
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Exterior Home Features No Private Pool |
Parking & Garage Number of Garage Spaces: 4Number of Covered Spaces: 4Has a GarageParking Spaces: 4Parking: Garage |
Pool Pool: None |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
Surface & Elevation Elevation Units: Feet |
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Cumulative Days on Market: 1Days on Market: 11 |
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Year Built Year Built: 1953 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Quadruplex |
Building Not a New ConstructionAttached To Another StructureNo Additional Parcels |
Property Information Parcel Number: 7126029010 |
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Price List Price: $1,100,000Price Per Sqft: $371 |
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MLS Status: Active |
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Direction & Address City: Long BeachCommunity: North Long Beach (Nlb) |
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Listing Agent Listing ID: PW26180123 |
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Building Area Building Area: 2961 Square Feet |
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Community Features: SidewalksNot Senior Community |
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Association for this Listing: California Regional MLS |
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Lot Area: 5857 sqft |
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Special Conditions: Standard |
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Listing Terms: Cash, Cash to New Loan, 1031 Exchange |
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Has Rent Control |
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Mls Number: PW26180123Living Area Range Units: Square FeetAttribution Contact: 310-463-2916Common Interest: NoneUniversal Property Id: US-06037-N-7126029010-R-N |
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SidewalksSource Internet Entire Listing Display |
Around this home
What Locals Say about North Long Beach
At least 729 Trulia users voted on each feature.
91 % Say there are sidewalks
77 % Say car is needed
77 % Say it's dog friendly
71 % Say yards are well-kept
66 % Say there's holiday spirit
62 % Say streets are well-lit
58 % Say it's walkable to grocery stores
56 % Say kids play outside
53 % Say it's walkable to restaurants
49 % Say neighbors are friendly
47 % Say they plan to stay for at least 5 years
43 % Say it's quiet
40 % Say people would walk alone at night
38 % Say there's wildlife
35 % Say parking is easy
24 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
Market trends in Long Beach
Last updated July 2026
Avg. sale price
$818K
$12.5KMoM
Sale-to-List Price
100.0%
Price per sq ft
$646
$17MoM
Available listings
797
3MoM
Home Value
Trulia Estimate
$1.11MSince last month
Increased$32K (+3%)Since last year
Increased$62K (+5.9%)Since last sale
Increased$691K (+166.6%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +67% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $1.11M |
| July 2026 | $1.07M |
| June 2026 | $1.09M |
| May 2026 | $1.06M |
| April 2026 | $1.08M |
| March 2026 | $1.08M |
| February 2026 | $1.08M |
| January 2026 | $1.02M |
2025 | |
2024 | |
2023 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.21 | Multi-Family Home | $1,327,000 | 03/27/26 | 8 | 6 | 3,628 | |
0.26 | Multi-Family Home | $826,500 | 03/13/26 | 4 | 4 | 2,562 | |
0.36 | Multi-Family Home | $1,175,000 | 06/17/26 | 8 | 6 | 3,609 | |
0.34 | Multi-Family Home | $1,475,000 | 01/26/26 | 7 | 6 | 3,782 | |
0.67 | Multi-Family Home | $949,200 | 10/01/25 | 5 | 4 | 1,890 | |
0.95 | Multi-Family Home | $1,000,000 | 10/31/25 | 7 | 4 | 3,115 | |
0.95 | Multi-Family Home | $1,030,000 | 05/15/26 | 6 | 5 | 3,315 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.01 | $646,400 | 4 | 2 | 1,452 | Off Market | |
0.03 | $678,500 | 2 | 2 | 728 | Off Market | |
0.06 | $665,000 | 3 | 2 | 1,013 | Recently Sold | |
0.08 | $825,700 | 12 | 9 | 1,962 | Off Market | |
0.08 | $656,000 | 2 | 1 | 794 | Recently Sold | |
0.10 | $755,200 | 2 | 1 | 835 | Off Market | |
0.11 | $3,395,000 | 15 | 10 | 5,765 | For Sale | |
0.11 | $843,000 | 5 | 3 | 2,484 | Off Market | |
0.13 | $717,400 | 3 | 1.5 | 895 | Off Market | |
0.12 | $696,600 | 3 | 2 | 1,085 | Off Market | |
0.12 | $680,000 | 3 | 2.5 | 1,656 | For Sale |
Price and Tax history
| Date | Event | Price |
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Aug 17, 2026 Source: CRMLS #PW26180123 | Listed For Sale | $1,100,000 |
Mar 24, 2021 Source: N/A | ListingRemoved | |
Mar 2, 2020 Source: N/A | ListingRemoved | $1,650 |
Jan 28, 2020 Source: N/A | PriceChange | $1,650 Price decreased by 3% |
Dec 17, 2019 Source: N/A | PriceChange | $1,700 Price decreased by 3% |
Dec 4, 2019 Source: N/A | Listed For Rent | $1,750 |
Aug 8, 2003 Source: N/A | Sold | $415,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2026 | Unavailable | $601,825 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Robert Stepp, Keller Williams Realty Downey
Agent Phone: (310) 463-2916

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-08-28 12:08:44 PDT and /or other sources. 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
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-08-28 12:08:44 PDT and /or other sources. 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
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Frequently asked questions about 92 E Louise St
- What is the estimated monthly payment for 92 E Louise St?Based on a $1,100,000 list price with 20% down at today's rates, the estimated monthly payment for 92 E Louise St in Long Beach, CA is approximately $6,864 (about $5,707 principal & interest, $1,082 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 92 E Louise St compare to homes in Long Beach?92 E Louise St in Long Beach, CA is listed at $1,100,000, about 35% above the $818K median sale price in Long Beach.
- What do residents say about the North Long Beach neighborhood?Residents describe the North Long Beach neighborhood in Long Beach, CA as pedestrian-friendly, dog-friendly, and well-kept. See homes for sale in North Long Beach, Long Beach.
- What are the closest schools to 92 E Louise St?The closest schools to 92 E Louise St in Long Beach, CA are Addams Elementary School (rated 5/10), Jordan High School (rated 3/10), Lindsey Academy (Middle, rated 3/10).
- Does 92 E Louise St have laundry facilities?Yes, 92 E Louise St in Long Beach, CA has laundry facilities.
92 E Louise St, Long Beach, CA 90805 is a 8 bedroom, 4 bathroom, 2,961 sqft multi-family built in 1953. 92 E Louise St is located in North Long Beach, Long Beach. This property is currently available for sale and was listed by CRMLS on Aug 17, 2026. The MLS # for this home is MLS# PW26180123.

