$1,330,000

Estimated payment $8,646/month

Total Views 2,615
7 Beds
7 Baths
3,500 Sq Ft
$380 Price per Sq Ft

Highlights

  • 0.17 Acre Lot
  • 5-minute walk to Anaheim Station
  • Laundry Room
  • Long Beach Polytechnic High School Rated A
  • No HOA
  • 4-minute walk to Peace Park

About This Home

A great income-producing Property consists of two separate buildings. A front single-family home that has 2 bedrooms and 2 baths with a good-sized living room and a kitchen. A duplex built in 2008 features two units: a 2-bedroom, 2-bath unit and a 3-bedroom, 3-bath unit, separated by a shared wall.
All units come with a 2-car garage and sufficient additional parking spaces. All units have separate utility meters for water, gas, and electricity. An excellent income property located behind St. Mary's Hospital of Long Beach, less than 2 miles away from the Aquarium of the Pacific, a popular tourist attraction. This would be an excellent investment property for your buyer.

Listing Agent

Augustin Joo

California Bridge Realty Brokerage Phone: 714-425-5480 License #01360043 Listed on: 06/23/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,368

Year Built

  • Built in 1905

Lot Details

  • 7,523 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 6 Car Garage
  • Carport
  • Parking Available
  • Driveway

Home Design

  • Triplex

Interior Spaces

  • 3,500 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Exterior Lighting
  • Central Heating

Listing and Financial Details

  • Legal Lot and Block 19 / 5
  • Assessor Parcel Number 7273001021
  • $774 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units
  • Downtown Subdivision

Building Details

  • 3 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Electric Expense $400
  • Fuel Expense $200
  • Gardener Expense $960
  • Insurance Expense $2,700
  • Maintenance Expense $2,000
  • Water Sewer Expense $500
  • Operating Expense $23,200
  • Gross Income $87,192
  • Net Operating Income $63,992

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,368

Year Built

Built in 1905

Lot Details

0

Parking

6

Listing Details

  • CapRate: 4.80
  • Other Phone Description: 7144255480
  • Price Per Unit: 443333
  • Property Attached: Yes
  • Subdivision Name Other: Downtown (DT)
  • Water Sewer Expenses: 500.00
  • Zoning: LBR4N
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Gardener Expense: 960.00
  • Parcel Number: 7273001021
  • Year Built: 1905
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Entry Location: ground level with steps, Mid level/2
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: One, Three Or More
  • Price Per Square Foot: 380.00

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 6.00
  • Parking: Yes
  • Parking Features: Carport, Driveway, Garage
  • Total Parking Spaces: 6.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 7523.00
  • Lot Size Acres: 0.1727

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Electric Expense: 400.00
  • Fuel Expense: 200.00
  • Gross Income: 87192.00
  • Gross Scheduled Income: 87192.00
  • Insurance Expense: 2700.00
  • Lot Size Area: 7523.0000 Square Feet
  • Maintenance Expense: 2000.00
  • Net Operating Income: 63992.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number With Disposal: 3
  • Operating Expense: 23200.00
  • Rent Control: No
  • Total Actual Rent: 7266.00
  • Total Expenses: 23200.00

Tax Info

  • Tax Block: 5
  • Tax Census Tract: 5763.01
  • Tax Lot: 19
  • Tax Annual Amount: 16368.00
  • TaxOtherAnnualAssessmentAmount: 774.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2025 $13,425 $1,039,132 $671,106 $368,026
2024 $13,425 $1,018,758 $657,948 $360,810
2023 $13,202 $998,784 $645,048 $353,736
2022 $12,399 $979,200 $632,400 $346,800
2021 $11,062 $868,481 $611,154 $257,327
2020 $11,034 $859,577 $604,888 $254,689
2019 $10,906 $842,724 $593,028 $249,696
2018 $10,516 $826,200 $581,400 $244,800
2016 $3,402 $251,929 $33,520 $218,409
2015 $3,276 $248,146 $33,017 $215,129
2014 $3,270 $243,286 $32,371 $210,915
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2025 06/23/25 For Sale $1,330,000 +64.2% $380 / Sq Ft
09/22/2016 09/22/16 Sold $810,000 -4.6% $293 / Sq Ft
07/28/2016 07/28/16 Pending -- -- --
05/12/2016 05/12/16 For Sale $849,000 -- $307 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Quit Claim Deed -- Accommodation
Interfamily Deed Transfer -- None Available
Grant Deed $810,000 Fidelity National Title Co
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- Stewart Title Of California
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $607,500 New Conventional
Previous Owner $302,250 Fannie Mae Freddie Mac
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW25134598

California Regional Multiple Listing Service (CRMLS)

APN: 7273-001-021