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496 E 52nd St - 3 Vacant Units | SFR & 2 Brand New ADU's 3 Unit Apartment Building Offered at $1,265,000 at a 5.57% Cap Rate Long Beach, CA 90805



Investment Highlights
- 3 Vacant Units | 3+2 SFR & 2 Brand New ADU's
- Attractive Owner/User or Investment
- Turnkey with Modern Finishes
- Corner Lot with a Yard
Executive Summary
This offering consists of three units, including a classic Spanish front house rich with authentic old-world character and two newly constructed ADUs completed in 2026.
The front residence is a ±1,178 SF, 3-bedroom, 2-bath Spanish home featuring hallmark architectural details such as an arched picture window, barrel ceiling, mock fireplace, and hardwood floors throughout. The kitchen has been updated with white cabinetry, dishwasher, stackable washer/dryer, newer free-standing stove, refrigerator, and garbage disposal, complemented by an inviting breakfast nook. Additional features include ceiling fans, window A/C units, a fenced front yard with automatic sprinklers, a shared private side patio, and a covered front porch. The property is one block from the Long Beach City bicycle rental station and offers convenient access to the Atlantic Blvd bus line. Located at the rear of the property are two brand-new ADUs—498A and 498 E 52nd Street—both never occupied and designed with modern finishes and efficient layouts.
The lower ADU is a ±532 SF, 1-bedroom, 1-bath unit.
The upper ADU offers 2 bedrooms, 1 bath, and approximately ±784 SF.
Each ADU features private entrances, wood floors, A/C, tankless water heaters, in-unit washer/ dryers, double-pane windows, quartz countertops, dishwashers, and recessed lighting, delivering a turnkey living experience for future tenants. This property presents an exceptional opportunity for an owner-user or investor seeking strong rental income, modern construction, and a character-rich primary residence—all on one site.
The front residence is a ±1,178 SF, 3-bedroom, 2-bath Spanish home featuring hallmark architectural details such as an arched picture window, barrel ceiling, mock fireplace, and hardwood floors throughout. The kitchen has been updated with white cabinetry, dishwasher, stackable washer/dryer, newer free-standing stove, refrigerator, and garbage disposal, complemented by an inviting breakfast nook. Additional features include ceiling fans, window A/C units, a fenced front yard with automatic sprinklers, a shared private side patio, and a covered front porch. The property is one block from the Long Beach City bicycle rental station and offers convenient access to the Atlantic Blvd bus line. Located at the rear of the property are two brand-new ADUs—498A and 498 E 52nd Street—both never occupied and designed with modern finishes and efficient layouts.
The lower ADU is a ±532 SF, 1-bedroom, 1-bath unit.
The upper ADU offers 2 bedrooms, 1 bath, and approximately ±784 SF.
Each ADU features private entrances, wood floors, A/C, tankless water heaters, in-unit washer/ dryers, double-pane windows, quartz countertops, dishwashers, and recessed lighting, delivering a turnkey living experience for future tenants. This property presents an exceptional opportunity for an owner-user or investor seeking strong rental income, modern construction, and a character-rich primary residence—all on one site.
Data Room Click Here to Access
Financial Summary (Pro Forma - 2026) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$98,220
|
$39.38
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$2,947
|
$1.18
|
| Effective Gross Income |
$95,273
|
$38.20
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$24,862
|
$9.97
|
| Net Operating Income |
$70,411
|
$28.23
|
Financial Summary (Pro Forma - 2026)
| Gross Rental Income | |
|---|---|
| Annual | $98,220 |
| Annual Per SF | $39.38 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | $2,947 |
| Annual Per SF | $1.18 |
| Effective Gross Income | |
|---|---|
| Annual | $95,273 |
| Annual Per SF | $38.20 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $24,862 |
| Annual Per SF | $9.97 |
| Net Operating Income | |
|---|---|
| Annual | $70,411 |
| Annual Per SF | $28.23 |
Property Facts
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | $1,995 | 532 |
| 2+1 | 1 | $2,595 | 784 |
| 3+2 | 1 | $3,595 | 1,178 |
1 1
Moderately walkable
60/100
Very drivable
80/100
Some public transit
40/100
Moderately bikeable
60/100
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496 E 52nd St - 3 Vacant Units | SFR & 2 Brand New ADU's
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