12 W Pleasant, Long Beach, California 90805, Long Beach, 90805 - bed, bath
ACTIVE$1,399,000
12 W Pleasant, Long Beach, California 90805
0Bed
0Bath
3,100Sqft
6,561Lot
Year Built
1955
Close
-
List price
$1.4M
Original List price
$1.5M
Price/Sqft
$451
HOA
-
Days on market
-
Sold On
-
MLS number
PW25226354
Home ConditionFair
Features
View-
About this home
We found 3 Cons,5 Pros.
Charming 6-Unit Investment Opportunity in North Long Beach! Discover this well-maintained 6-unit multi-family property featuring approx. 3,100 sq ft of living space on a 6,561 sq ft lot. Built in 1955, the building offers a mix of 6 comfortable 1-bed/1-bath units, each with off-street parking. Several units feature updated kitchens with quartz counters, vinyl plank flooring, dual-pane windows, and ceiling fans. Located in a high-demand rental area near shopping, dining, schools, and easy freeway access, this property delivers both steady income potential and room for future value-add improvements. A strong addition to any investment portfolio!
Price History
Date
Event
Price
11/08/25
Price Change
$1,399,000-6.7%
10/01/25
Listing
$1,499,999
Condition Rating
Fair
Built in 1955, this property is aged but appears to be maintained. While 'several units' feature updated kitchens with quartz counters, vinyl plank flooring, and modern bathrooms as seen in the images, implying good condition for those specific units, the overall building is 69 years old. The exterior shows its age, and major systems (plumbing, electrical, roof) are likely older and will require future attention, as noted in the property analysis. The partial nature of the renovations and the significant age of the building prevent it from being rated 'Good', but its 'well-maintained' status and recent unit updates keep it from being 'Poor'.
Pros & Cons
Pros
Multi-Unit Investment: This 6-unit multi-family property offers diversified income streams and strong investment potential, appealing to a broad range of investors.
High-Demand Rental Location: Situated in a high-demand rental area near shopping, dining, schools, and freeway access, ensuring steady occupancy and rental income.
Recent Unit Upgrades: Several units feature updated kitchens with quartz counters, vinyl plank flooring, dual-pane windows, and ceiling fans, enhancing tenant appeal and reducing immediate renovation needs for those units.
Off-Street Parking: Each unit benefits from off-street parking, a significant and desirable amenity in urban rental markets like Long Beach.
Value-Add Potential: The property offers clear opportunities for future value-add improvements, allowing an investor to increase rents and overall property value over time.
Cons
Building Age: Built in 1955, the property is nearly 70 years old, which may lead to higher maintenance costs for major systems (plumbing, electrical, roof) in the future.
Partial Unit Updates: While some units are updated, the description implies not all units have received modern renovations, suggesting a need for additional capital expenditure to fully modernize the remaining units.
Limited Unit Mix: All six units are 1-bedroom/1-bathroom, which may limit the potential tenant pool compared to properties offering a more diverse mix of unit sizes.