NOT LISTED FOR SALE

Estimated Value: $1,038,000 - $1,202,247

6 Beds
3 Baths
2,677 Sq Ft
$419/Sq Ft Est. Value

Last Sold September 02, 2025

Last sale price $1,150,000 $430 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $6,702/month

73 Days on Market

Highlights

  • Double Pane Windows
  • Laundry Room
  • Central Heating and Cooling System
  • Park
  • Energy-Efficient Appliances
  • 5-minute walk to Houghton Park

About This Home

As of September 2025

Incredible Investment Opportunity – Remodeled Duplex + ADU!
Don’t miss this beautifully updated, low-maintenance property featuring a spacious 3 bed / 1 bath unit and a comfortable 2 bed / 1 bath unit, plus a fully remodeled 1 bed / 1 bath ADU currently rented for additional income. Recent upgrades throughout ensure minimal upkeep, including artificial turf landscaping and modern finishes. Tenants cover all utilities except water, keeping expenses low for the owner. Whether you’re house-hacking or building your rental portfolio, this property offers strong cash flow potential in a turnkey package. A must-see!

Last Agent to Sell the Property

Manuel Coelho

Manuel Coelho Broker Brokerage Phone: 949-244-6997 License #01273689 Listed on: 05/09/2025

Last Buyer's Agent

Sergio Cisneros

Realty ONE Group Southwest License #01242621

Realty ONE Group Southwest

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948 | Remodeled

Lot Details

  • 5,103 Sq Ft Lot
  • No Common Walls
  • Vinyl Fence
  • Block Wall Fence
  • Density is up to 1 Unit/Acre

Home Design

  • Triplex
  • Entry on the 1st floor
  • Turnkey
  • Composition Roof

Interior Spaces

  • 2,677 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient HVAC
  • Energy-Efficient Lighting
  • Water-Smart Landscaping

Additional Features

  • Exterior Lighting
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection
  • Tax Lot 97
  • Tax Tract Number 9707
  • Assessor Parcel Number 7124005003
  • $640 per year additional tax assessments

Community Details

Overview

  • 3 Units
  • North Long Beach Subdivision

Recreation

  • Park

Building Details

  • 3 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,900
  • Water Sewer Expense $1,800
  • New Taxes Expense $14,400
  • Operating Expense $18,100
  • Gross Income $79,200
  • Net Operating Income $61,100

Property Details

Home Type

Multi-Family

Year Built

Built in 1948 | Remodeled

Lot Details

0

Listing Details

  • Property Attached: No
  • Subdivision Name Other: North Long Beach (NLB)
  • Water Sewer Expenses: 1800.00
  • Zoning: LBR2N
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 7124005003
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 429.59
  • Window Features: Double Pane Windows

Exterior Features

  • Fence: Yes
  • Fencing: Block, Vinyl
  • Pool Private: No
  • Roof: Composition

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Park, Sidewalks, Storm Drains, Street Lights

Green Features

  • Green Water Conservation: Water-Smart Landscaping
  • Efficiency: Appliances, HVAC, Lighting

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5103.00
  • Lot Size Acres: 0.1171

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection

Multi Family

  • Gross Income: 79200.00
  • Gross Scheduled Income: 79200.00
  • Insurance Expense: 1900.00
  • Lot Size Area: 5103.0000 Square Feet
  • Net Operating Income: 61100.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 18100.00
  • Rent Control: Yes
  • Total Actual Rent: 6600.00
  • Total Expenses: 18100.00

Tax Info

  • New Taxes Expense: 14400.00
  • Tax Census Tract: 5705.03
  • Tax Lot: 97
  • Tax Tract Number: 9707
  • TaxOtherAnnualAssessmentAmount: 640.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2025
Closed on
Jul 24, 2025
Sold by
Couto Joao Meneses Do and Couto Chelsea Rae
Bought by
Gonzalez Jose Luis
Seller's Agent
Manuel Coelho
Manuel Coelho Broker
Buyer's Agent
Sergio Cisneros
Realty ONE Group Southwest
List Price
$1,250,000
Sold Price
$1,150,000
Premium/Discount to List
-$100,000
-8%
Views
79
Current Estimated Value
$1,122,312

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$27,688
Avg. Annual Appreciation
-8.34%
Original Mortgage
$862,500
Outstanding Balance
$860,260
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$262,052

Purchase Details

Closed on
May 13, 2021
Sold by
Phyllis M Tebbutt 2006 Trust
Bought by
Do Couto Joao Meneses and Do Couto Chelsea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 25, 2007
Sold by
Tebbutt Phyllis M
Bought by
Tebbutt Phyllis M and Phyllis M Tebbutt 2006 Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gonzalez Jose Luis $1,150,000 Fidelity National Title
Do Couto Joao Meneses $450,000 Fidelity National Title
Tebbutt Phyllis M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzalez Jose Luis $862,500
Previous Owner Do Couto Joao Meneses $550,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/02/2025 09/02/25 Sold $1,150,000 -4.1% $430 / Sq Ft
07/21/2025 07/21/25 Pending -- -- --
05/21/2025 05/21/25 Price Changed $1,199,000 -4.1% $448 / Sq Ft
05/09/2025 05/09/25 For Sale $1,250,000 0.0% $467 / Sq Ft
12/01/2021 12/01/21 Rented $2,700 0.0% --
11/05/2021 11/05/21 Price Changed $2,700 -6.7% $2 / Sq Ft
10/06/2021 10/06/21 Price Changed $2,895 -3.5% $2 / Sq Ft
09/16/2021 09/16/21 For Rent $3,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,869 $757,701 $324,729 $432,972
2024 $9,869 $742,845 $318,362 $424,483
2023 $9,702 $728,280 $312,120 $416,160
2022 $9,001 $714,000 $306,000 $408,000
2021 $3,277 $234,536 $70,350 $164,186
2020 $3,267 $232,132 $69,629 $162,503
2019 $3,231 $227,581 $68,264 $159,317
2018 $3,070 $223,120 $66,926 $156,194
2016 $2,815 $214,458 $64,328 $150,130
2015 $2,708 $211,237 $63,362 $147,875
2014 $2,699 $207,100 $62,121 $144,979
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS25104140

California Regional Multiple Listing Service (CRMLS)

APN: 7124-005-003