$1,699,000
$51K PRICE DROP

Estimated payment $10,128/month

Total Views 2,783
13 Beds
6 Baths
5,100 Sq Ft
$333 Price per Sq Ft

Highlights

  • Private Yard
  • No HOA
  • Tile Flooring
  • Woodrow Wilson High School Rated A
  • Balcony
  • Ceiling Fan

About This Home

Well-maintained 4-unit residential income property located in the desirable Eastside neighborhood of Long Beach. Built in 1991, the building offers 5,100 sq. ft. of living space on a 6,245 sq. ft. lot with a diverse unit mix comprised of — 2BR/1BA | 2BR/1BA | 4BR/2BA | 5BR/2BA ideal for maximizing rental income. The property generates $11,150 in total monthly gross income ($133,800 annually), comprised of $10,350 in residential rents and $800 in garage income across eight separately rented garage spaces. The varied unit mix appeals to a wide range of tenants, from small households to larger families — supporting strong occupancy and tenant retention. The utilities are separately metered for gas and electricity. Select units include in-unit laundry hookups, and a new roof reduces near-term capital expenditure concerns for investors.
Located in one of Long Beach's most established and sought-after neighborhoods, this asset offers stable residential demand with convenient access to local shops, dining, parks, and major thoroughfares.

Listing Agent

Hope Hadfield

G&H Realty Company Inc. Brokerage Email: hopehadfield@yahoo.com License #01705015 Listed on: 05/30/2026

G&H Realty Company Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1991

Lot Details

  • 6,245 Sq Ft Lot
  • Two or More Common Walls
  • Rectangular Lot
  • Private Yard

Parking

  • 8 Car Garage
  • Parking Available
  • Single Garage Door
  • Assigned Parking

Home Design

  • Quadruplex
  • Entry on the 1st floor
  • Stucco

Interior Spaces

  • 5,100 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 13 Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry in unit
  • Washer and Gas Dryer Hookup

Utilities

  • Wall Furnace
  • Natural Gas Connected

Additional Features

  • Balcony
  • Urban Location

Listing and Financial Details

  • Tax Lot 44
  • Tax Tract Number 7254
  • Assessor Parcel Number 7254001023
  • $1,141 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Eastside Subdivision

Amenities

  • Laundry Facilities

Building Details

  • 3 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $4,550
  • Maintenance Expense $4,600
  • Water Sewer Expense $3,600
  • New Taxes Expense $23,000
  • Operating Expense $36,250
  • Gross Income $134,438
  • Net Operating Income $97,898

Property Details

Home Type

Multi-Family

Year Built

Built in 1991

Lot Details

6,245 Sq Ft Lot

Parking

8

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: Eastside (ES)
  • View: No
  • Water Sewer Expenses: 3600.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 7254001023
  • Year Built: 1991
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Balcony, Unfurnished, Ceiling Fan(s)
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Tile, Vinyl, Carpet, Laminate
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 333.14

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 8.00
  • Parking: Yes
  • Parking Features: Garage, Assigned, On Site, Garage - Single Door
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Natural Gas Connected, Sewer Connected, Electricity Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Inside, Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot, Walkstreet, Yard
  • Lot Size Sq Ft: 6245.00
  • Lot Size Acres: 0.1434

Rental Info

  • Garage Rental Rate: 200.00
  • Tenant Pays: Gas, Electricity

Multi Family

  • Garage Income: 800.00
  • Gross Income: 134438.00
  • Gross Multiplier: 12.70
  • Gross Operating Income: 134148.00
  • Gross Scheduled Income: 134148.00
  • Insurance Expense: 4550.00
  • Lot Size Area: 6245.0000 Square Feet
  • Maintenance Expense: 4600.00
  • Net Operating Income: 97898.00
  • Number Of Rented Garages: 4
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 4
  • Operating Expense: 36250.00
  • Rent Control: No
  • Total Actual Rent: 10350.00
  • Total Expenses: 36250.00

Tax Info

  • New Taxes Expense: 23000.00
  • Tax Lot: 44
  • Tax Tract Number: 7254
  • TaxOtherAnnualAssessmentAmount: 1141.00

Map

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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 $9,578 $664,761 $177,264 $487,497
2024 $9,134 $651,728 $173,789 $477,939
2023 $8,980 $638,950 $170,382 $468,568
2022 $8,451 $626,423 $167,042 $459,381
2021 $8,257 $614,141 $163,767 $450,374
2019 $8,140 $595,926 $158,910 $437,016
2018 $7,834 $584,243 $155,795 $428,448
2016 $7,183 $561,559 $149,747 $411,812
2015 $6,906 $553,125 $147,498 $405,627
2014 $6,873 $542,291 $144,609 $397,682
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
08/02/2026 08/02/26 Price Changed $1,699,000 -2.9% $333 / Sq Ft
05/30/2026 05/30/26 For Sale $1,750,000 -- $343 / 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 -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed $450,000 First American Title Co
Grant Deed $320,500 Southland Title
Grant Deed -- Southland Title
Interfamily Deed Transfer -- Commonwealth Land Title
Trustee Deed $42,077 --
Grant Deed -- --
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 $368,500 New Conventional
Previous Owner $360,000 No Value Available
Previous Owner $317,879 FHA
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW26116112

California Regional Multiple Listing Service (CRMLS)

APN: 7254-001-023

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