Property Detail

1809 Appleton

Long Beach CA 90802

$3,700,000

Status: Active

Property Details

Description

1809 E. Appleton Street, known as The Lumina, is an 11-unit multifamily property located in the highly desirable Alamitos Beach neighborhood of Long Beach. Situated within one of the city's most established coastal rental markets, the property benefits from proximity to the Pacific Ocean, a highly walkable urban setting, and an extensive concentration of dining, retail, and entertainment amenities that continue to attract a broad base of renters. Built in 1961, the property features a desirable unit mix of ten (10) spacious 1BD/1BA residences averaging approximately 825 square feet and one (1) 2BD/2BA residence measuring approximately 998 square feet. The generous floor plans, abundant natural light, and functional layouts provide a competitive advantage over smaller vintage apartments commonly found throughout the surrounding coastal neighborhoods. The property has benefited from approximately $175,000 in recent capital improvements, including roof system restoration, extensive exterior refinishing and painting, front-facing window replacements, upgraded exterior lighting, landscaping enhancements, and general building repairs. Interior improvements to two units further complement the property's refreshed appearance. Collectively, these investments enhance the asset's marketability and reduce certain near-term capital expenditure requirements for a new owner. The Lumina offers additional income growth potential through its existing rental operations. Current one-bedroom rents average approximately $1,997 per month, compared with $2,350 per month for nearby rental comparables, indicating approximately 18% potential rental upside. Investors may benefit from gradual rent growth through natural turnover and strategic leasing, subject to applicable rent regulations. On-site laundry and six (6) garages provide supplemental income, while the garage configuration presents a potential longer-term ADU conversion opportunity, subject to feasibility and municipal approvals. Alamitos Beach remains a desirable Long Beach rental submarket, distinguished by its coastal location, pedestrian- oriented environment, and established residential character. With a 94 Walk Score and 89 Bike Score, the neighborhood offers convenient access to beaches, neighborhood retail, restaurants, and recreational amenities. Its combination of lifestyle appeal and limited opportunities for new multifamily development supports the property's long-term competitive positioning.

Map Location

Listing provided courtesy of Robert Stepp of Keller Williams Realty Downey. Last updated 2026-11-03 09:10:53.000000. Listing information © 2025 CRMLS.

Ever Eternity

Ever Eternity

CA DRE# 01794748

1111 Prospect St, Suite 100 La Jolla,
​​​​​​​CA 92037

858.688.4113

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Meet Ever

Ever Eternity is Your Local Real
Estate Professional

Whether it's your first townhouse, vacation property or coastal dream home, I will work to find the property that's best for you. I am able to anticipate and fulfill each of my clients needs, in order to find the perfect home for them and their family. I am here to work with you, to find the best fit for you, and am excited for the opportunity.

People choose to work with me for my full service expertise, experience and ethics. My base of loyal customers is the reason I am successful in this competitive sales market.

​My attention to detail allows me to find dream homes for buyers, and build thorough home marketing plans for my sellers. I have great pride in my negotiation skills and believe in transparency and full disclosure throughout each deal. I value open communication with my clients and welcome questions from start to close.

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"My Mom passed away 1/31/21 needless to say it was a very difficult time for me. I needed help selling my mothers home. I reached out to Ever and he stepped up big! From the beginning he was a true professional great communication skills, great attitude, always made time for me and answered any questions I had. He showed compassion for my situation and went above and beyond to make things as easy as possible for me. Go with Ever you won’t regret it!"

"I worked with Ever through the process of an Estate Sale and sale of a condominium. Throughout the experience he and his team were extremely helpful. I had never been involved with an estate sale previously and was working with the additional factor of not being local. After an initial meeting I was able to deal with he and his team remotely which simplified the entire process and experience. Any questions or issues I had were very quickly addressed and resolved. My entire experience was very positive. Thank You!"

"Ever was simply excellent. He is thorough, approachable and very knowledgable of the house buying process. We appreciated his manner and help throughout our purchase process - he never made us feel pressured to select a house and helped us find a perfect match. He was especially helpful when we needed to juggle urgent travel during the Escrow process, helping us set up power of attorney. We would recommend Ever to any type of buyer and will certainly use him for any future real estate needs that we have."

"I worked with Ever through the process of an Estate Sale and sale of a condominium. Throughout the experience he and his team were extremely helpful. I had never been involved with an estate sale previously and was working with the additional factor of not being local. After an initial meeting I was able to deal with he and his team remotely which simplified the entire process and experience. Any questions or issues I had were very quickly addressed and resolved. My entire experience was very positive. Thank You!"

"My Mom passed away 1/31/21 needless to say it was a very difficult time for me. I needed help selling my mothers home. I reached out to Ever and he stepped up big! From the beginning he was a true professional great communication skills, great attitude, always made time for me and answered any questions I had. He showed compassion for my situation and went above and beyond to make things as easy as possible for me. Go with Ever you won’t regret it!"

"Ever has been my agent through two purchases and one sale. He has a keen sence of the market and knows how best to price and time sales and purchases. He makes sure to get the job done and places the most importance on making his satisfying his clients wishes to the best of his ability. He works well with escrow, property managers, and whomever he needs to speak with."

"Working with Ever was a joy. We had a number of unexpected challenges during the process of selling our house and Ever was consistently there to help, guide, and support us. He was always available for consultation and never lost sight of the immediate issues nor the long term goals. Ever was an exemplary professional in every way and I would highly recommend him."

"Working with Ever was a great experience. Selling our Mom's house was emotionally difficult for us. Ever guided us thru the process and made it smooth and easy as possible for us. He responded to all of our questions with professionalism and knowledge. He kept us informed of every action during the sale. We trusted his advice and insights and he delivered on everything he said. The sale was quick and smooth and we couldn't be happier. We highly recommend Ever. He definitely knows his business."

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