$1,789,000
SOLD MAY 29, 2026
8 Beds
6 Baths
4,192 Sq Ft
6,345 Sq Ft Lot Lot

Sale Details

Date Sold: May 29, 2026

$427 Per Sq Ft

51 Days on Market

About This Home

As of May 2026

6 units in Prime Long Beach NOT subject to rent control, only subject to AB 1482 rent control - maximum annual increase of 5% + CPI (currently 8.0%). Located in a great location on the East side, close to the Traffic Circle, Belmont Shores, Park Estates and CSULB. Long Beach has undergone major redevelopment with over $8BB of new projects in the past few years. The property is professionally managed and well maintained with onsite laundry. The property features an excellent unit mix of 1 and 2 bed units with 4 parking spaces in the front of the building. The exterior and all interiors were heavily updated. Interiors feature new kitchens, baths, flooring, etc. The exterior has new lighting, painting and landscaping. Over $350K was spent. The electric main and sub panels were updated as well and all SB 721 Balcony work has been completed. This property is perfect for an investor looking for a plug and play building with no work to be done. Rents are approximately 12% below market. EARN OVER A 9% CASH ON CASH RETURN AT MARKET RENTS. Qualified Buyers can obtain a new loan fixed at 5.05% for 5 years, Interest Only. Anduril Industries, a cutting-edge defense technology company specializing in AI applications announced that it is commencing a $1 billion redevelopment of land adjacent to the LB Airport. The project is planned to be completed in mid-2027 and is expected to create 5,500 new direct jobs at the site plus thousands of indirect construction and supply-chain service jobs.

Last Agent to Sell the Property

Jon Swire

The Agency License #01336277 Listed on: 05/04/2026

The Agency

Last Buyer's Agent

Sarah Gipoor

Century 21 On Target License #02239311

Century 21 On Target

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Interior Spaces

  • 4,192 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms

Parking

  • 4 Parking Spaces
  • Assigned Parking

Additional Features

  • 6,345 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 7254-012-028

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

6,345 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 4192
  • Lot Acreage: 0.1457
  • Stories: 2
  • Year Built: 1959
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 8
  • Total Bathrooms: 6.00
  • Price Per S Q F T: 426.77

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Assigned
  • Total Parking: 4

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 28.35
  • Assessed Improvement Value: 587908
  • Assessed Land Percent: 71.65
  • Assessed Land Value: 1485691
  • Total Assessed Value: 2073599
  • Assessor Parcel Number: 7254-012-028
  • Lot Size Area: 6345

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 11.90
  • Number Of Units: 6
  • Type Of Units: Income
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
05/29/2026 05/29/26 Sold $1,789,000 0.0% $427 / Sq Ft
05/04/2026 05/04/26 For Sale $1,789,000 +31.1% $427 / Sq Ft
03/15/2019 03/15/19 Sold $1,365,000 -2.5% $326 / Sq Ft View Prior Sale
02/23/2019 02/23/19 Pending -- -- --
02/12/2019 02/12/19 For Sale $1,400,000 +63.6% $334 / Sq Ft
03/15/2013 03/15/13 Sold $856,000 +10.5% $204 / Sq Ft View Prior Sale
02/22/2013 02/22/13 Pending -- -- --
02/15/2013 02/15/13 For Sale $775,000 -- $185 / Sq Ft
Source: The MLS

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 $27,623 $2,073,599 $1,485,691 $587,908
2024 $26,443 $2,032,941 $1,456,560 $576,381
2023 $25,998 $1,993,080 $1,428,000 $565,080
2022 $24,396 $1,954,000 $1,400,000 $554,000
2021 $17,852 $1,406,723 $1,009,955 $396,768
2020 $17,806 $1,392,780 $999,600 $393,180
2019 $12,515 $945,421 $662,342 $283,079
2018 $12,132 $926,893 $649,355 $277,538
2016 $11,159 $890,441 $624,141 $266,300
2015 $10,719 $877,066 $614,766 $262,300
2014 $10,664 $859,886 $602,724 $257,162
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 26829257

The MLS
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