Nestled in the vibrant heart of Downtown Long Beach’s historic Willmore District, 433 W 9th Street presents a rare opportunity to acquire a classic four-unit building with exceptional upside. Each of the four spacious units offers a well-designed 4-bedroom, 1-bathroom layout, averaging approximately 1,254 sq. ft. (buyer to verify), providing… Read More generous living spaces ideal for families, shared housing, or long-term tenants. Built in 1923, this two-story property showcases timeless early 20th-century architecture, with large interiors filled with natural light and original details that speak to its heritage. The building has been under long-term ownership and is well maintained, yet offers significant value-add potential through strategic updates and rental repositioning. Current rents are well below market, presenting a clear path for increased income for the savvy investor. The property includes two on-site garages plus two additional tandem parking spaces, offering four total off-street spots—an added convenience in this bustling urban location. With close proximity to public transit, freeways, shopping, dining, and the rapidly growing Downtown Long Beach core, the location supports strong tenant demand and long-term appreciation. Whether you’re looking to expand your multifamily portfolio, complete a 1031 exchange, or secure a high-potential income property in a coastal growth market, 433 W 9th Street is a standout opportunity not to be missed. Read Less
Property listed by Beverly and Company, Milla Pariser 818-271-1233
Listing Snapshot
Days Online
24
Last Updated
Property Type
Duplex
Lot Size
0.11 Acres
Year Built
1923
MLS Number
SR25119378
30 Days Snapshot Of 90813
$488k
-11%
(avg) sold price
5
+150%
homes sold
182
+167%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1923, Building area total: 5,018, 1 building, Common walls: NoCommonWalls
Community
StreetLights, Sidewalks
Expenses
Electric expense: $600, Insurance expense: $1,000, Maintenance expense: $3,000, Operating expense: $30,625, Water sewer expense: $3,279
Garage
2 spaces
Income
Gross income: $117,288, Net operating income: $86,663
Based on information from California Regional Multiple Listing Service, Inc. as of 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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