$1,425,000
SOLD JUN 10, 2026
6 Beds
6 Baths
3,542 Sq Ft
4,240 Sq Ft Lot

Sale Details

Date Sold: June 10, 2026

$402 Per Sq Ft

5% Below List Price

55 Days on Market

Highlights

  • Spanish Architecture
  • No HOA
  • Cooling Available
  • Long Beach Polytechnic High School Rated A
  • Neighborhood Views
  • 3-minute walk to Craftsman Village Park

About This Home

As of June 2026

This well-maintained and upgraded 6-unit property is a turnkey multi-family investment opportunity. Located in one of Long Beach's sought-after rental markets, this property offers 2 quality buildings on one lot totaling approximately 3,542 SF of living space on a generous 4,240 SF lot. Front building is 4 one-bedroom, one bath units and the rear building has 2 one-bedroom, one bath units over four single-car garages. Property has undergone significant improvements including upgraded electrical and panels, new ABS sewer lines, remote-controlled garage doors, a new roof on the rear building, foundation fortification, new 75-gallon water heater, and refreshed interiors with stainless steel stoves. Cesar stone kitchen counters, luxury vinyl floors, wall heaters, and portable A/C in all units. This is a solid fit for an investor seeking an easy-to-manage asset with garages and virtually no grounds work. What distinguishes this offering is the scale, proximity to everyday conveniences, and ease of ownership - a rare combination.

Last Agent to Sell the Property

Kathie Sitton

Compass Brokerage Phone: 562-714-9285 License #00980073 Listed on: 02/25/2026

Compass

Co-Listed By

Natasha Schultheis

Coldwell Banker Realty Brokerage Phone: 562-714-9285 License #01277420

Coldwell Banker Realty

Last Buyer's Agent

Natasha Schultheis

Coldwell Banker Realty Brokerage Phone: 562-714-9285 License #01277420

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 4,240 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage
  • Parking Available
  • Single Garage Door

Home Design

  • Spanish Architecture
  • Entry on the 1st floor
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,542 Sq Ft Home
  • 2-Story Property
  • Neighborhood Views
  • Fire and Smoke Detector
  • Gas Range

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Utilities

  • Cooling Available
  • Wall Furnace
  • Water Heater

Listing and Financial Details

  • Tenant pays for pest control, cable TV, electricity
  • Tax Lot 2
  • Assessor Parcel Number 7266004047
  • $1 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 6 Units
  • Alamitos Beach Subdivision

Building Details

  • 6 Leased Units
  • Rent Control
  • 6 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $6,331
  • Maintenance Expense $7,070
  • Other Expense $5,640
  • Water Sewer Expense $4,065
  • Operating Expense $23,106
  • Gross Income $117,060
  • Net Operating Income $93,954

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

4,240 Sq Ft Lot

Parking

4

Listing Details

  • Assessments: No
  • Inclusions: 4 refrigerators plus all other appliances
  • Property Attached: No
  • Security: Smoke Detector(s)
  • Subdivision Name Other: Alamitos Beach (AB)
  • View: Yes
  • Water Sewer Expenses: 4065.00
  • Architectural Style: Spanish
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 7266004047
  • Year Built: 1924
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 402.32

Exterior Features

  • View: Neighborhood
  • Fence: No
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage - Single Door
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: No
  • Appliances: Water Heater, Refrigerator, Gas Range
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 4240.00
  • Lot Size Acres: 0.0973

Rental Info

  • Garage Rental Rate: 115.00
  • Tenant Pays: Pest Control, Cable TV, Electricity

Multi Family

  • Average1 Bed Area: 600 Square Feet
  • Garage Income: 460.00
  • Gross Income: 117060.00
  • Gross Scheduled Income: 117060.00
  • Insurance Expense: 6331.00
  • Lot Size Area: 4240.0000 Square Feet
  • Maintenance Expense: 7070.00
  • Net Operating Income: 93954.00
  • Number Of Rented Garages: 4
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 6
  • Number Of Units Total: 6
  • Number With Range: 6
  • Number With Refrigerator: 4
  • Operating Expense: 23106.00
  • Other Expense: 5640.00
  • Other Expense Description: AskAgent
  • Rent Control: Yes
  • Total Actual Rent: 9620.00
  • Total Expenses: 23106.00

Tax Info

  • Tax Lot: 2
  • Tax Tract Number: W
  • TaxOtherAnnualAssessmentAmount: 1.00

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2026
Closed on
Jun 2, 2026
Sold by
Bought by
Seller's Agent
Kathie Sitton
Compass
Buyer's Agent
Natasha Schultheis
Coldwell Banker Realty
List Price
$1,497,000
Sold Price
$1,425,000
Premium/Discount to List
-$72,000
-4.81%
Views
11

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Interest Rate
0.063%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 14, 2017
Closed on
Feb 6, 2018
Sold by
Bought by
Seller's Agent
Jon Swire
The Agency
Buyer's Agent
Jon Swire
The Agency
List Price
$1,200,000
Sold Price
$1,188,000
Premium/Discount to List
-$12,000
-1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.22%
Original Mortgage
$760,000
Interest Rate
0.0399%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 26, 2016
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$615,000
Interest Rate
0.035%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 11, 2015
Sold by
Bought by

Purchase Details

Closed on
Jan 30, 2005
Sold by
Bought by

Purchase Details

Closed on
Sep 22, 2000
Sold by
Bought by

Purchase Details

Closed on
Nov 30, 1999
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Grant Deed $1,425,000 Ticor Title Company
Grant Deed $1,188,000 Fidelity National Title Comp
Grant Deed $820,000 Fidelity National Title Co
Interfamily Deed Transfer -- None Available
Quit Claim Deed $50,000 --
Grant Deed -- --
Interfamily Deed Transfer -- --
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
Closed $950,000 New Conventional
Closed $250,000 Commercial
Closed $760,000 Future Advance Clause Open End Mortgage
Closed $615,000 Commercial
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
06/10/2026 06/10/26 Sold $1,425,000 -4.8% $402 / Sq Ft
04/21/2026 04/21/26 Pending -- -- --
02/25/2026 02/25/26 For Sale $1,497,000 0.0% $423 / Sq Ft
09/28/2024 09/28/24 For Rent $1,550 0.0% --
02/22/2018 02/22/18 Sold $1,188,000 -1.0% $335 / Sq Ft View Prior Sale
01/05/2018 01/05/18 Pending -- -- --
12/14/2017 12/14/17 For Sale $1,200,000 +46.3% $339 / Sq Ft
10/31/2016 10/31/16 Sold $820,000 -1.1% $232 / Sq Ft View Prior Sale
08/29/2016 08/29/16 Pending -- -- --
08/19/2016 08/19/16 For Sale $829,000 -- $234 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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
2025 $18,350 $1,351,736 $944,396 $407,340
2024 $17,568 $1,325,232 $925,879 $399,353
2023 $17,266 $1,299,248 $907,725 $391,523
2022 $16,210 $1,273,774 $889,927 $383,847
2021 $15,878 $1,248,799 $872,478 $376,321
2019 $15,651 $1,212,480 $846,600 $365,880
2018 $10,991 $837,120 $581,400 $255,720
2016 $5,234 $381,872 $182,659 $199,213
2015 $5,039 $376,137 $179,916 $196,221
2014 $5,035 $368,770 $176,392 $192,378
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW26037725

California Regional Multiple Listing Service (CRMLS)
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