# 92 E Louise, Long Beach, CA 90805 > **TL;DR:** 8bd/4ba multi-family, $1,100,000, built 1953. > 4-car garage. Est. $5,883/mo. Listed 71 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $1,100,000 | | Bedrooms | 8 | | Bathrooms | 4 full | | Year Built | 1953 | | Lot Size | 5,859 sqft (0.13 acres) | | Stories | 2 | | Garage | 4-car | | Property Type | Multi-Family (Quadruplex) | | Status | Active | | Days on Market | 71 | ## Why This Home Stands Out - **Large Garage** - 4-car garage ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $5,562 | | Estimated Insurance | $321 | | **Total** | **$5,883** | ## Key Amenities - 4-car garage ## Property Highlights - Built in 1953 - 0.13 acre lot - 2 stories - 4 parking spaces ## Description ### Agent Description 92 E. Louise Street presents the opportunity to acquire a well- maintained four-unit multifamily property offering strong in-place cash flow, meaningful rental upside, and additional long-term value creation potential in North Long Beach. Built in 1953, the property consists entirely of two-bedroom/one- bath units, each approximately 740 square feet, providing a highly desirable and consistent unit mix with broad renter appeal. Current rents average approximately $2,138 per month, compared with nearby rent comparables averaging approximately $2,538 per month, demonstrating substantial embedded rental upside. The property has also benefited from several significant capital improvements, including new windows throughout the building, recent re-piping, exterior painting within the past three years, and a new electronic security gate. These improvements reduce near- term capital expenditure exposure while enhancing the property's overall functionality and tenant appeal. The property's four detached garages and additional surface spaces present the opportunity to add immediate income through parking fees or convert garages to ADUs for future additional rental income (buyer to verify).The offering compares favorably with recent four-unit sales in the surrounding market. At $275, 000 per unit, 92 E. Louise is priced below the comparable-set average of approximately $306,750 per unit, while offering a substantially stronger going-in yield than the comparable average cap rate of approximately 5.32% For investors seeking strong current yield with identifiable upside, 92 E. Louise Street offers a compelling combination of in-place cash flow, below-market rents, an all-two-bedroom unit mix, recent capital improvements, and potential future ADU development-all at a basis below recent comparable four-unit sales. ## Location - **Address:** 92 E Louise, Long Beach, CA 90805 - **County:** Los Angeles - **Neighborhood:** North Long Beach (NLB) ## Listing Agent - **Name:** Robert Stepp · **License:** 01456379 - **Brokerage:** Keller Williams Realty SELA - **Broker Phone:** (562) 334-1511 ## Photos ![92 E Louise - Photo 1](http://lh.rdcpix.com/5745d84e7f8437f62e8afbd91a364cbal-f1131635248r.jpg) ![92 E Louise - Photo 2](http://lh.rdcpix.com/5745d84e7f8437f62e8afbd91a364cbal-f2484719772r.jpg) ![92 E Louise - Photo 3](http://lh.rdcpix.com/5745d84e7f8437f62e8afbd91a364cbal-f666885967r.jpg) ![92 E Louise - Photo 4](http://lh.rdcpix.com/5745d84e7f8437f62e8afbd91a364cbal-f883813366r.jpg) ![92 E Louise - Photo 5](http://lh.rdcpix.com/5745d84e7f8437f62e8afbd91a364cbal-f248187503r.jpg) ![92 E Louise - Photo 6](http://lh.rdcpix.com/5745d84e7f8437f62e8afbd91a364cbal-f3434889563r.jpg) ![92 E Louise - Photo 7](http://lh.rdcpix.com/5745d84e7f8437f62e8afbd91a364cbal-f3522370796r.jpg) ![92 E Louise - Photo 8](http://lh.rdcpix.com/5745d84e7f8437f62e8afbd91a364cbal-f1544163592r.jpg) ![92 E Louise - Photo 9](http://lh.rdcpix.com/5745d84e7f8437f62e8afbd91a364cbal-f36875803r.jpg) ![92 E Louise - Photo 10](http://lh.rdcpix.com/5745d84e7f8437f62e8afbd91a364cbal-f1356077490r.jpg) ![92 E Louise - Photo 11](http://lh.rdcpix.com/5745d84e7f8437f62e8afbd91a364cbal-f3263931502r.jpg) ![92 E Louise - Photo 12](http://lh.rdcpix.com/5745d84e7f8437f62e8afbd91a364cbal-f3015930020r.jpg) ![92 E Louise - Photo 13](http://lh.rdcpix.com/5745d84e7f8437f62e8afbd91a364cbal-f2898920571r.jpg) ![92 E Louise - Photo 14](http://lh.rdcpix.com/5745d84e7f8437f62e8afbd91a364cbal-f425007532r.jpg) ![92 E Louise - Photo 15](http://lh.rdcpix.com/5745d84e7f8437f62e8afbd91a364cbal-f2371408698r.jpg) ![92 E Louise - Photo 16](http://lh.rdcpix.com/5745d84e7f8437f62e8afbd91a364cbal-f30586644r.jpg) ![92 E Louise - Photo 17](http://lh.rdcpix.com/5745d84e7f8437f62e8afbd91a364cbal-f3786395818r.jpg) ![92 E Louise - Photo 18](http://lh.rdcpix.com/5745d84e7f8437f62e8afbd91a364cbal-f3183317828r.jpg) ![92 E Louise - Photo 19](http://lh.rdcpix.com/5745d84e7f8437f62e8afbd91a364cbal-f1828934125r.jpg) ![92 E Louise - Photo 20](http://lh.rdcpix.com/5745d84e7f8437f62e8afbd91a364cbal-f3777293713r.jpg) ![92 E Louise - Photo 21](http://lh.rdcpix.com/5745d84e7f8437f62e8afbd91a364cbal-f867728906r.jpg) ![92 E Louise - Photo 22](http://lh.rdcpix.com/5745d84e7f8437f62e8afbd91a364cbal-f109829207r.jpg) ![92 E Louise - Photo 23](http://lh.rdcpix.com/5745d84e7f8437f62e8afbd91a364cbal-f2990651903r.jpg) ![92 E Louise - Photo 24](http://lh.rdcpix.com/5745d84e7f8437f62e8afbd91a364cbal-f2325816232r.jpg) ![92 E Louise - Photo 25](http://lh.rdcpix.com/5745d84e7f8437f62e8afbd91a364cbal-f159749485r.jpg) ![92 E Louise - Photo 26](http://lh.rdcpix.com/5745d84e7f8437f62e8afbd91a364cbal-f1112444403r.jpg) ![92 E Louise - Photo 27](http://lh.rdcpix.com/5745d84e7f8437f62e8afbd91a364cbal-f1859707798r.jpg) ![92 E Louise - Photo 28](http://lh.rdcpix.com/5745d84e7f8437f62e8afbd91a364cbal-f389398380r.jpg) ![92 E Louise - Photo 29](http://lh.rdcpix.com/5745d84e7f8437f62e8afbd91a364cbal-f1444554295r.jpg) ![92 E Louise - Photo 30](http://lh.rdcpix.com/5745d84e7f8437f62e8afbd91a364cbal-f2527609342r.jpg) --- **MLS#:** PW26180123 | **Updated:** 2026-10-25 **Source:** listhub *Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/92-e-louise-long-beach-ca-90805-5bc8185f051b47258f9411cf31ba81f3) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/92-e-louise-long-beach-ca-90805-5bc8185f051b47258f9411cf31ba81f3#listing", "url": "https://www.propertysimple.ai/listing/92-e-louise-long-beach-ca-90805-5bc8185f051b47258f9411cf31ba81f3", "name": "92 E Louise, Long Beach, CA 90805", "description": "92 E. Louise Street presents the opportunity to acquire a well- maintained four-unit multifamily property offering strong in-place cash flow, meaningful rental upside, and additional long-term value creation potential in North Long Beach. Built in 1953, the property consists entirely of two-bedroom/one- bath units, each approximately 740 square feet, providing a highly desirable and consistent unit mix with broad renter appeal. Current rents average approximately $2,138 per month, compared with nearby rent comparables averaging approximately $2,538 per month, demonstrating substantial embedded rental upside. The property has also benefited from several significant capital improvements, including new windows throughout the building, recent re-piping, exterior painting within the past three years, and a new electronic security gate. These improvements reduce near- term capital expenditure exposure while enhancing the property's overall functionality and tenant appeal. The property's four detached garages and additional surface spaces present the opportunity to add immediate income through parking fees or convert garages to ADUs for future additional rental income (buyer to verify).The offering compares favorably with recent four-unit sales in the surrounding market. At $275, 000 per unit, 92 E. Louise is priced below the comparable-set average of approximately $306,750 per unit, while offering a substantially stronger going-in yield than the comparable average cap rate of approximately 5.32% For investors seeking strong current yield with identifiable upside, 92 E. 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