$1,575,000
$125K PRICE DROP

Estimated payment $9,870/month

Total Views 1,395
10 Beds
6 Baths
5,222 Sq Ft
$302 Price per Sq Ft

Highlights

  • Laundry Room
  • Wilson High School Rated A
  • Front Yard

About This Home

Exceptional Long Beach income property generating $136,020. in current annual rents. Property features two residential buildings with four 2BR/1BA residences plus a spacious rear 2BR/2BA residence above the garages. There are 5 garages. 100% occupancy and strong existing income, with substantial value. ADU potential under current CA and Long Beach regulations. Excellent opportunity for an investor seeking immediate income with additional long term upside. Property shows as a 4 unit on tax records. Owner divided a 6 bedroom 2 bath unit into 2 - 2 bedroom 1 bath units without permits.

Listing Agent

Michelle Scales

College Park Realty, Inc Brokerage Phone: 714-264-1173 License #00952161 Listed on: 07/29/2026

College Park Realty, Inc

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1929

Lot Details

  • 6,524 Sq Ft Lot
  • Two or More Common Walls
  • Front Yard

Parking

  • 5 Car Garage

Home Design

  • Quadruplex
  • Entry on the 1st floor

Interior Spaces

  • 5,222 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 6 Full Bathrooms

Additional Features

  • Exterior Lighting
  • Suburban Location

Listing and Financial Details

  • Tax Lot 19
  • Tax Tract Number 5769
  • Assessor Parcel Number 7262004016
  • $1,139 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Eastside Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $300
  • Gardener Expense $1,800
  • Insurance Expense $6,663
  • Professional Management Expense $7,678
  • Trash Expense $2,442
  • Water Sewer Expense $2,589
  • Operating Expense $21,472
  • Gross Income $136,020
  • Net Operating Income $114,548

Property Details

Home Type

Multi-Family

Year Built

Built in 1929

Lot Details

6,524 Sq Ft Lot

Parking

5

Listing Details

  • Professional Management Expense: 7678.00
  • Property Attached: Yes
  • Subdivision Name Other: Eastside (ES)
  • Water Sewer Expenses: 2589.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 1800.00
  • Parcel Number: 7262004016
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 6
  • Total Bedrooms: 10
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 301.61

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 5.00
  • Total Parking Spaces: 5.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 2442.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Street Lights, Sidewalks, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 6524.00
  • Lot Size Acres: 0.1498

Multi Family

  • Electric Expense: 300.00
  • Gross Income: 136020.00
  • Gross Multiplier: 12.50
  • Gross Scheduled Income: 136020.00
  • Insurance Expense: 6663.00
  • Lot Size Area: 6524.0000 Square Feet
  • Net Operating Income: 114548.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 21472.00
  • Rent Control: Yes
  • Total Expenses: 21472.00

Tax Info

  • Tax Lot: 19
  • Tax Tract Number: 5769
  • TaxOtherAnnualAssessmentAmount: 1139.00

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $14,666 $1,086,477 $628,023 $458,454
2025 $14,666 $1,065,174 $615,709 $449,465
2024 $14,009 $1,044,289 $603,637 $440,652
2023 $13,775 $1,023,813 $591,801 $432,012
2022 $12,944 $1,003,740 $580,198 $423,542
2021 $12,668 $984,060 $568,822 $415,238
2020 $12,634 $974,621 $562,990 $411,631
2019 $12,488 $955,524 $551,951 $403,573
2018 $12,099 $936,802 $541,129 $395,673
2016 $11,109 $899,802 $520,117 $379,685
2015 $10,589 $886,287 $512,305 $373,982
2014 $10,522 $868,927 $502,270 $366,657
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/18/2026 08/18/26 Price Changed $1,575,000 -7.4% $302 / Sq Ft
07/29/2026 07/29/26 For Sale $1,700,000 0.0% $326 / Sq Ft
08/08/2023 08/08/23 Rented $2,065 0.0% --
07/30/2023 07/30/23 Under Contract -- -- --
07/19/2023 07/19/23 For Rent $2,065 0.0% --
04/18/2013 04/18/13 Sold $865,000 -1.1% $166 / Sq Ft View Prior Sale
03/02/2013 03/02/13 Pending -- -- --
10/12/2012 10/12/12 For Sale $875,000 -- $168 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Chicago Title Company
Grant Deed $865,000 Lawyers Title Co
Grant Deed $992,000 --
Interfamily Deed Transfer -- Lawyers Title Company
Interfamily Deed Transfer -- Lawyers Title Company
Interfamily Deed Transfer -- --
Grant Deed $342,000 --
Grant Deed $195,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $225,000 Credit Line Revolving
Open $683,012 FHA
Closed $771,300 FHA
Closed $817,968 FHA
Previous Owner $639,850 Purchase Money Mortgage
Previous Owner $150,000 Credit Line Revolving
Previous Owner $462,000 Unknown
Previous Owner $25,000 Credit Line Revolving
Previous Owner $393,000 No Value Available
Previous Owner $385,000 No Value Available
Previous Owner $46,700 Stand Alone Second
Previous Owner $326,900 Unknown
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS26165029

California Regional Multiple Listing Service (CRMLS)

APN: 7262-004-016

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