$875,000
SOLD APR 7, 2025
4 Beds
2 Baths
2,036 Sq Ft
1,950 Sq Ft Lot

Recently Sold

$430 Per Sq Ft

8% Below List Price

103 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • Laundry Room
  • Long Beach Polytechnic High School Rated A
  • Cooling System Mounted To A Wall/Window
  • 4-minute walk to Craftsman Village Park

About This Home

As of April 2025

DOWNTOWN LONG BEACH GEM: RENOVATED TOWNHOUSE-STYLE DUPLEX. EACH UNIT HAS ITS OWN ADDRESS - 1039 E 10th street and 1041 E 10th Street, Long Beach

Discover this exceptional 4 bed 2 bath two-story duplex in the heart of Long Beach, perfectly positioned for both homeowners and investors. Each unit is thoughtfully designed as 2 bedrooms and 1bath unit spans approximately 1,000 square feet across two levels, offering the perfect blend of comfort and functionality.

UNIT LAYOUT:
• First Floor: Open-concept living room and kitchen with dedicated laundry area
• Second Floor: Two generously sized bedrooms with abundant closet space
• Each unit features private washer/dryer connections
• Separate gas and electric meters for efficient utility management

LOCATION ADVANTAGES:
• Moments from pristine beaches
• Quick access to Downtown Long Beach's vibrant dining and shopping
• Near major transportation hubs, including Long Beach Airport
• Easy freeway access for commuters
• Walking distance to Long Beach Convention Center and Belmont Shore

This property presents an ideal opportunity for owner-occupants seeking rental income or investors looking to expand their portfolio. Situated in an area slated for growth under the Downtown Long Beach Update Plan, this duplex combines historic charm with modern amenities.

Schedule your viewing today to experience this unique investment opportunity in Long Beach, CA.
property will be delivered Vacant at Close of Escrow.

Last Agent to Sell the Property

Wahab Balogun

Century 21 Coastal Properties Brokerage Phone: 310-864-8681 License #02138978 Listed on: 10/26/2024

Century 21 Coastal Properties

Last Buyer's Agent

Darius Dillard

The Realestate Group License #02075777

The Realestate Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 1,950 Sq Ft Lot
  • 1 Common Wall
  • Fenced
  • Fence is in average condition
  • Corner Lot
  • Density is 2-5 Units/Acre

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Entry on the 1st floor
  • Composition Roof

Interior Spaces

  • 2,036 Sq Ft Home
  • 2-Story Property
  • Vinyl Flooring

Kitchen

  • Gas Oven
  • Self-Cleaning Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating
  • ENERGY STAR Qualified Water Heater
  • Central Water Heater

Listing and Financial Details

  • Legal Lot and Block 24 / 1
  • Tax Tract Number 576
  • Assessor Parcel Number 7274009031
  • $433 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

1,950 Sq Ft Lot

Listing Details

  • Inclusions: Oven range, microwave, refrigerator, washer, dryer
  • Property Attached: Yes
  • Subdivision Name Other: Lewis
  • Zoning: LBR4R
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7274009031
  • Year Built: 1920
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Vinyl
  • Appliances: Yes
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 429.76
  • Room Type: All Bedrooms Up

Exterior Features

  • Fence: Yes
  • Fencing: Average Condition
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Parking: No
  • Parking Features: Street

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, Gas Oven, Gas Range, Microwave, Refrigerator, Self Cleaning Oven, Water Heater Central
  • Heating Type: Central
  • Laundry Features: Dryer Included, Gas Dryer Hookup, In Closet, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Corner Lot
  • Lot Size Sq Ft: 1950.00
  • Lot Size Acres: 0.0448
  • Latitude Manual: 33.77911700

Multi Family

  • Lot Size Area: 1950.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Total: 2
  • Number With Dishwasher: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Rent Control: No

Tax Info

  • Tax Block: 1
  • Tax Census Tract: 5764.01
  • Tax Lot: 24
  • Tax Tract Number: 576...
  • TaxOtherAnnualAssessmentAmount: 433.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2024
Closed on
Mar 18, 2025
Sold by
Okuboyejo Paul Oluwanifemi
Bought by
Verner William Lawrence
Seller's Agent
Wahab Balogun
Century 21 Coastal Properties
Buyer's Agent
Darius Dillard
The Realestate Group
List Price
$949,000
Sold Price
$875,000
Premium/Discount to List
-$74,000
-7.8%
Views
127
Current Estimated Value
$896,104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,104
Avg. Annual Appreciation
2.81%
Original Mortgage
$848,750
Outstanding Balance
$842,152
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$53,952

Purchase Details

Listed on
Sep 21, 2022
Closed on
Mar 9, 2023
Sold by
Plata Bryan F and Plata Michele R
Bought by
Okuboyejo Paul Oluwanifemi
Seller's Agent
Salomon Castro
Keller Williams Pacific Estate
Buyer's Agent
Glendora Boyd
RealWorks
List Price
$899,000
Sold Price
$850,000
Premium/Discount to List
-$49,000
-5.45%
Views
49

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.47%
Original Mortgage
$834,604
Interest Rate
6.65%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 27, 2017
Closed on
Jun 7, 2017
Sold by
Med Equity Llc
Bought by
Plata Bryan F and Plata Michele R
Seller's Agent
Spencer Pabst
Pabst, Kinney & Associates
Buyer's Agent
Salomon Castro
Keller Williams Pacific Estate
List Price
$499,000
Sold Price
$480,000
Premium/Discount to List
-$19,000
-3.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.41%
Original Mortgage
$408,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 23, 2015
Sold by
Med Equity Llc
Bought by
Thurnher Real Estate Llc

Purchase Details

Closed on
Apr 29, 2011
Sold by
Debrucky Alexander G
Bought by
Med Equity Llc

Purchase Details

Closed on
Dec 2, 2010
Sold by
Cal Pac Management Inc
Bought by
Debrucky Alexander G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
4.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 6, 2010
Sold by
Rivers Debra and Estate Of Willie Ruth Coleman
Bought by
Calpac Management Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
4.68%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Grant Deed $875,000 Priority Title
Grant Deed $850,000 Chicago Title
Grant Deed $480,000 Ticor Title
Grant Deed $62,000 None Available
Grant Deed -- Accommodation
Grant Deed $350,000 First American Title Company
Grant Deed $159,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $848,750 New Conventional
Previous Owner $834,604 FHA
Previous Owner $408,000 New Conventional
Previous Owner $262,500 New Conventional
Previous Owner $175,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/07/2025 04/07/25 Sold $875,000 -2.2% $430 / Sq Ft
02/06/2025 02/06/25 Pending -- -- --
01/06/2025 01/06/25 Price Changed $895,000 -3.2% $440 / Sq Ft
11/23/2024 11/23/24 Price Changed $925,000 -2.5% $454 / Sq Ft
10/26/2024 10/26/24 For Sale $949,000 +11.6% $466 / Sq Ft
04/13/2023 04/13/23 Sold $850,000 +0.1% $417 / Sq Ft View Prior Sale
03/04/2023 03/04/23 Pending -- -- --
12/06/2022 12/06/22 Price Changed $849,000 -5.6% $417 / Sq Ft
09/21/2022 09/21/22 For Sale $899,000 +87.3% $442 / Sq Ft
07/07/2017 07/07/17 Sold $480,000 -3.0% $236 / Sq Ft View Prior Sale
06/07/2017 06/07/17 Pending -- -- --
05/23/2017 05/23/17 Price Changed $495,000 -0.8% $243 / Sq Ft
04/27/2017 04/27/17 For Sale $499,000 -- $245 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $11,199 $884,340 $520,200 $364,140
2024 $11,199 $867,000 $510,000 $357,000
2023 $6,967 $524,947 $371,838 $153,109
2022 $6,542 $514,655 $364,548 $150,107
2021 $6,406 $504,564 $357,400 $147,164
2019 $6,314 $489,820 $346,800 $143,020
2018 $6,146 $480,220 $340,000 $140,220
2016 $5,043 $409,045 $286,332 $122,713
2015 $4,507 $373,099 $261,170 $111,929
2014 -- $365,792 $256,055 $109,737
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB24221123

California Regional Multiple Listing Service (CRMLS)

APN: 7274-009-031

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