Long Beach, CA

$2,195,000

46 E Plymouth, Long Beach, CA

1964

Built

132

Days listed

About this home

The Plymouth Street Apartments is an 8-unit apartment community located in the City of Long Beach, one of the premier rental markets in Los Angeles County, California. Built in 1964, the property features an attractive and consistent unit mix comprised entirely of two-bedroom/ one-bathroom units, totaling approximately 6,808 square feet on a 7,424 square foot lot. Recent capital improvements include new garage doors, new electrical sub-panels, and new vinyl windows. Additional amenities include a spacious community laundry room, six (6) single-car garages with front driveway parking, and one (1) additional surface parking space. This offering presents a rare opportunity for investors to acquire a stable asset generating a 6.08% CAP Rate on current income, with upside potential to a 8.37% CAP Rate at market rents. Located in the highly desirable Long Beach rental market, the Plymouth Street Apartments is well positioned to deliver strong cash flow and long-term value appreciation.

Facts & features

Interior

Laundry: Common Area

Exterior & lot

Lot size: 0.17 acres (7,424 sq ft)
Pool: None
Year built: 1964
Parking spaces: 6

Community

Area: 699 - Not Defined
County: Los Angeles
Community features: Curbs, Storm Drains, Street Lights, Sidewalks

Listing details

Status: Active
Property type: Apartment
Days on market: 132
Listed: 2026-01-29
Original price: $2,475,000
Terms: Cash, Cash To New Loan, Exchange 1031
Parcel #: 7131008008
MLS #: OC26021177

Listed by

Greg Bassirpou · Marcus & Millichap RE Invest

949-419-3200 gbassirpou@marcusmillichap.comDRE #01365951

Location

Price history

Listed: $2,475,000 · 2026-01-29
Price reduced: $2,195,000 (−$280,000)
Days on market: 132
Current price: $2,195,000

Financing

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Estimated monthly payment

$13,770

$11,099 principal & interest · $2,671 taxes & insurance

Down payment (20%)

$439,000

Est. rate (%)

Estimate only

Term (years)

Loan $1,756,000

Estimates only and not a loan offer. Property tax and insurance vary by location. Get pre-qualified below for your actual rate and payment.

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Listing data provided by CRMLS

Listing courtesy of Marcus & Millichap RE Invest. © 2026. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to 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. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Last updated July 26, 2026 Equal Housing Opportunity.