About 1755 Sherman
$20k/month with One 2 bed 2 bath unit is vacant!! Actual Rents bring the building to 6% cap rate with the vacant unit. If vacant unit is rented at $2,500/month, cap rate jumps to 7%. Opportunity to own a well-maintained 12-unit income property located in the desirable city of Long Beach. This property features an excellent unit mix consisting of eight 2-bedroom, 1-bathroom units and four 1-bedroom, 1-bathroom units, offering strong rental appeal and long-term investment potential. The spacious unit layouts provide desirable living arrangements for tenants, with a mix that appeals to a wide range of renters. Conveniently located near shopping, dining, entertainment, public transportation, and major freeways, this property offers accessibility and convenience for residents. An excellent opportunity for investors seeking a multifamily asset in a highly sought-after Long Beach rental market.
Features of 1755 Sherman
| MLS® # | DW26165133 |
|---|---|
| Price | $2,999,999 |
| Bedrooms | 5 |
| Bathrooms | 5.00 |
| Acres | 0.20 |
| Type | Residential Income |
| Sub-Type | Res Income 2-4 Units |
| Status | Active |
Community Information
| Address | 1755 Sherman |
|---|---|
| Area | LONG BEACH (90804) |
| City | Long Beach |
| County | Los Angeles |
| State | CA |
| Zip Code | 90804 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
| Pool | N/K |
Interior
| Fireplace | Yes |
|---|
Exterior
| Lot Description | Curbs,Sidewalks |
|---|
Additional Information
| Date Listed | July 28th, 2026 |
|---|---|
| Days on Market | 10 |
| Zoning | Assessor |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | J A T S Enterprises, Inc. |
|---|