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The green number on each home is what could come back to you: the buyer-broker fee (typically 2 to 3%) minus our flat $9,750. No other search shows you this, because no other brokerage gives it back.

At a glance

1512 Sherman Place, Long Beach, CA, 90804

$2,800,000·11 bd·CLAW #26987109

Estimated Arrivva buyer rebate$46,000 to $75,000

Every completed rebate is published: see all 255 closings.

Listing data from CLAW. Listing courtesy of Taylor Avakian of Lyon Stahl Investment Real Estate, Inc. Rebate estimate calculated by Arrivva.

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$2,800,000
35 Days On Site

1512 Sherman Place
Long Beach, CA 90804

For Sale|Residential Income|Active
20
Beds
11
Total Baths
9,320
SqFt
$300
/SqFt
1963
Built
County:
Los Angeles
Call Now: (408) 868-2620
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(408) 868-2620
1512 Sherman Place1512 Sherman Place1512 Sherman Place1512 Sherman Place
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1512 Sherman Pl | 11-Unit Multifamily, Long Beach. 1963-built asset totaling 9,557 SF on a 15,291 SF lot in an established residential corridor near Long Beach's Eastside. The property features a balanced mix of six 2+1 units, three 1+1 residences, and two 3+2 units with eleven on-site parking spacesa structural advantage in this supply-constrained submarket. All eleven units are currently occupied and fully stabilized, with in-place rents averaging $2,129/month against market rents of $2,185 and the entire portfolio positioned to capture rent growth at each lease renewal through Long Beach rent control. Offered at $2,800,000 ($254,545/unit | $292.98/SF) with a 6.62% in-place cap rate, the real story is operational simplicity and organic growtha 6.88% pro forma cap and immediate distribution capacity as rents normalize through turnover with zero capex required.

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Listing Snapshot
Price 
$2,800,000
Days On Site 
35 Days
Bedrooms 
20
Inside Area (SqFt) 
9,320 sqft
Total Baths 
11
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.195 Acres
Year Built 
1963
MLS® Number 
26987109
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a month agoListing updated with changes from the MLS®
a month agoListing first seen on site
General Features
Acres 
0.195
Attached Garage 
Yes
Levels 
Multi/Split
Parking 
AttachedAttached Carport
Parking Spaces 
11
Special Circumstances 
Standard
SqFt Total 
9320
Zoning 
LBR2N
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Community Features
MLS Area 
3 - Eastside, Circle Area
Listing courtesy of Taylor Avakian of Lyon Stahl Investment Real Estate, Inc.

Based on information from the The MLS as of 2026-10-17 02:11 AM UTC. 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.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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*Estimate only. Actual rebate may vary based on final price, lender requirements, MLS rules, and broker policies.

Questions about this listing

How much could a buyer get back on 1512 Sherman Place, Long Beach, CA, 90804?
Arrivva estimates a buyer rebate of $46,000 to $75,000 on this listing. The buyer-broker fee, typically 2 to 3% of the price, goes back to you minus Arrivva's flat $9,750 fee. Every completed rebate is published on the Arrivva results page. See every completed closing
Who is the listing brokerage for 1512 Sherman Place, Long Beach, CA, 90804?
Listing courtesy of Taylor Avakian of Lyon Stahl Investment Real Estate, Inc, per CLAW listing #26987109. Arrivva is not the listing brokerage: Arrivva is a separate flat-fee brokerage that represents you as the buyer, with your interests first and no dual agency, ever. How Arrivva represents buyers
How do I schedule a tour of 1512 Sherman Place, Long Beach, CA, 90804?
Set up a quick chat with Arrivva by phone or video. The team confirms showing availability fast, tours the home with you, and walks you through offer strategy and the rebate math before you commit to anything. Set up a time to talk

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