219 E 10th Street, Long Beach, CA 90813 - Hoffman Murphy Real Estate Team

Property listed by Realty ONE Group Pacific, Jeffrey DeLancy 760-496-0760

$1,550,000

Dive into this diversified investment, a mixed-use property yielding strong revenue with upside potential and preliminary redevelopment concept plans. Nestled in an evolving Long Beach neighborhood, this compelling asset covers two lots with separate APN's, merging lucrative commercial operations with updated residential spaces for a dynamic revenue stream. The front… Read More building features two retail store fronts on the ground level, and upstairs a three bedroom apartment features dual primary sized rooms with a common bathroom. The rear duplex qualifies as a multi-family residential duplex. Upstairs at the rear you'll find a two-bedroom apartment (converted) with great balcony space and tons of daylight. Downstairs rear is a large one bedroom apartment. Each residential unit has its own new laundry in-unit and there's a long driveway with off-street parking at the back. The two separate APN's of this purchase opportunity could allow for conventional financing of the rear duplex, increasing attainability for newer or first time investors. The allure of this property extends beyond its current income generating capabilities to a future filled with promise, highlighted by the preliminary sketches for the development of 20 micro-apartment as an option for future development. Envision the rent roll on a prospective 20 micro-units building! Recent improvements and new construction are reshaping the neighborhood, not to mention the cities investment of over $750MM on infrastructure via the "Elevate '28" plan. These two buildings collectively known as 219 E 10th Street stand out as a stellar choice for investors aiming for a combination of steady diversified income and the opportunity for expansive growth and appreciation. The strategic benefits of owning a desirable mixed-use building with upside potential, redevelopment potential, and situated on two APN's make this a rare gem. Updated units, off-street parking, a prime location, and a manageable 5 door roster underscore the ease of stepping into this investment for new investors and seasoned professionals alike. This opportunity presents a rare window to invest a forward-thinking, multifaceted investment perfect for those poised to leverage the city's bright prospects and sights on the long term. APN #7273-007-037 (215, 219, 219.5) and APN #7273-007-035 (221, 221.5). Subject to CA rent control law. All remarks made in good faith, however cannot be guaranteed by listing agent / broker. Buyer to verify. Read Less

Listing Snapshot

Days Online

Last Updated

Apr 24, 2026

Beds

Square Ft.

3,380

Lot Size

0.08 Acres

Year Built

1909

MLS Number

26672091

Additional Details

Appliances & Equipment

Refrigerator, Dryer, Washer

Building

Built in 1909, Living area: 3380.0, 2 buildings, 2 stories, Levels: Two

Cooling

WallWindowUnits

Expenses

Electric: $2,574, Insurance: $9,762, Maintenance: $7,156

Heating

WallFurnace

Income

Gross Income: $132,300, Net Operating Income: $93,023

Interior Features

CeilingFans

Lot

0.0798 acres

Parking

Concrete, Gated, OneSpace

Taxes

Parcel Number: 7273007037, Zoning: LBPD29

Tenant Pays

CableTv, Electricity

Find The Perfect Home

'VIP' Listing Search

Whenever a listing hits the market that matches your criteria you will be immediately notified.

Join The List

Mortgage Calculator

Selling price

Down payment

Term (years)

Interest rate (%)

Monthly Payment

219 E 10th Street

'VIP' Listing Search

Schools In The Area

Similar Listings

Find My Dream Home

1. Neighborhoods

2. Home Type

3. Send