1045 E New York St Long Beach, CA 90813
Central Neighborhood
6
Beds
4
Baths
1,811
Sq Ft
1,856
Sq Ft Lot
Highlights
- Bike Trail
- Long Beach Polytechnic High School Rated A
- 1-Story Property
About This Home
As of July 20251045–1047 E New York Street presents a unique 4-unit investment opportunity in North East Long Beach, consisting of two separate parcels: a front single-family residence and a rear triplex. While the properties are being sold together, each has separate utilities and water meters and can be financed or sold independently, offering flexibility for both investors and owner-users. This layout creates potential for a buyer to live in the single-family home while holding or later selling the triplex as a separate investment.
The unit mix includes a 2-bedroom, 1-bath single-family home with a 1-car garage and two tandem driveway spaces, and a rear triplex comprised of one 2-bedroom, 1-bath unit and two 1-bedroom, 1-bath units. The combined building area totals 1,811 square feet across a total lot size of 3,747 square feet, with 649 square feet allocated to the front home and 1,162 square feet to the rear triplex. The triplex is accessed from the alley and utilizes street parking.
The property currently operates at a 4.72% CAP rate, with approximately 40% rental upside and a projected market CAP rate of 7.57%. Since the triplex sits on a separate parcel, it is not subject to the City of Long Beach’s inspection requirements for properties with four or more units. Additionally, because the property is located in a traffic-impacted area, the front house will require a standard garage inspection and the rear triplex will require a separate garage exemption certificate.
Centrally located near Long Beach Polytechnic High School and Theodore Roosevelt Elementary, the property benefits from strong local demand, convenient freeway access, and close proximity to everyday amenities. Whether you’re a first-time investor or looking to expand your Long Beach portfolio, 1045–1047 E New York Street offers both stability and long-term upside in a growing rental market.
Last Agent to Sell the Property
Lyon Stahl Investment Real Estate, Inc. Brokerage Phone: 310-819-7933 License #01717818 Listed on: 06/18/2025
Co-Listed By
Lyon Stahl Investment Real Est Brokerage Phone: 310-819-7933 License #01399621
Last Buyer's Agent
Lyon Stahl Investment Real Est Brokerage Phone: 310-819-7933 License #01399621
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,763
Year Built
- Built in 1922
Lot Details
- 1,856 Sq Ft Lot
- Two or More Common Walls
- Density is 2-5 Units/Acre
Parking
- 2 Car Garage
Home Design
- Quadruplex
Interior Spaces
- 1,811 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Listing and Financial Details
- Legal Lot and Block 10 / 2
- Tax Tract Number 5020
- Assessor Parcel Number 7268021026
- $300 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- 2 Buildings
- 4 Units
Recreation
- Bike Trail
Building Details
- 4 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- Other Expense $3,200
- New Taxes Expense $10,529
- Operating Expense $18,509
- Gross Income $58,980
- Net Operating Income $37,522
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 27, 2005
Sold by
Shaw Carol Ann
Bought by
Shaw Carol Ann and Shaw Carol Ann
Purchase Details
Closed on
Mar 23, 1983
Sold by
Shaw Lawrence W
Bought by
Shaw Carol Ann and Shaw Lawrence W
Similar Homes in Long Beach, CA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | -- | |
| Gift Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $306,000 | Negative Amortization | |
| Previous Owner | $58,575 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/16/2025 07/16/25 | Sold | $795,000 | 0.0% | $439 / Sq Ft |
| 06/20/2025 06/20/25 | Pending | -- | -- | -- |
| 06/18/2025 06/18/25 | For Sale | $795,000 | -- | $439 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $1,763 | $117,291 | $63,790 | $53,501 |
| 2023 | $1,731 | $114,992 | $62,540 | $52,452 |
| 2022 | $1,631 | $112,738 | $61,314 | $51,424 |
| 2021 | $1,593 | $110,528 | $60,112 | $50,416 |
| 2019 | $1,570 | $107,252 | $58,330 | $48,922 |
| 2018 | $1,502 | $105,150 | $57,187 | $47,963 |
| 2016 | $1,385 | $101,068 | $54,967 | $46,101 |
| 2015 | $1,333 | $99,551 | $54,142 | $45,409 |
| 2014 | $1,331 | $97,602 | $53,082 | $44,520 |
Source: Public Records
Agents Affiliated with this Home
-
Brett Lyon
Seller's Agent in 2025
Brett Lyon
Lyon Stahl Investment Real Estate, Inc.
(310) 780-1899
2 in this area
145 Total Sales
-
Woody Stahl
Seller Co-Listing Agent in 2025
Woody Stahl
Lyon Stahl Investment Real Est
(310) 710-3829
1 in this area
155 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB25136125
APN: 7268-021-026
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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
Nearby Homes
- 1403 Lemon Ave
- 1148 E 15th St
- 1463 Orange Ave
- 1720 Cerritos Ave Unit 1
- 1224 E 17th St
- 1209 Olive Ave
- 1082 Lewis Ave
- 1390 Gundry Ave
- 1075 Martin Luther King jr Ave
- 1107 Mahanna Ave
- 318 E Esther St
- 1819 Cerritos Ave
- 1027 E 10th St
- 1035 Orange Ave
- 1843 Cerritos Ave
- 1030 Olive Ave
- 911 E 10th St
- 1145 E 10th St
- 1451 Walnut Ave
- 1100 E 10th St