$2,275,000
SOLD JUN 30, 2026
16 Beds
16 Baths
6,240 Sq Ft
6,627 Sq Ft Lot

Sale Details

Date Sold: June 30, 2026

$365 Per Sq Ft

1% Below List Price

34 Days on Market

Highlights

  • 12 Car Attached Garage
  • Laundry Facilities
  • 1-Story Property
  • Woodrow Wilson High School Rated A

About This Home

As of June 2026

PRICED TO SELL - 10X GRM AND 6.5% CAP AT MARKET RENTS for 1980's construction in Long Beach. Earn over a 8% Cash on Cash Return. 8 units in Long Beach subject to AB 1482 rent control - maximum annual increase of 5% + CPI (currently 8.0% total). Built in 1987 the property is professionally managed and well maintained. Building was recently painted as well. All units are 2 bed/2bath and have updated kitchens, baths and flooring. 12 onsite parking for 8 units as well as onsite laundry. This property is perfect for someone looking for a low management asset. It also has approx. 14% rental upside to a 10 GRM and 6.7% CAP at market rents. There is onsite laundry onsite. The electrical is Siemens - it's a 200 AMP main panel with 60 AMP subpanels (Buyer to verify). Plumbing is copper (Buyer to verify). Qualified Buyers can obtain a 5 year loan fixed at 5.05%, 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. And the city just approved a $38MM update of the Long Beach airport for the upcoming 2028 Olympics.

Last Agent to Sell the Property

Jon Swire

The Agency License #01336277 Listed on: 04/28/2026

The Agency

Last Buyer's Agent

Jon Swire

The Agency License #01336277 Listed on: 04/28/2026

The Agency
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1986

Lot Details

  • 6,627 Sq Ft Lot
  • Lot Dimensions are 50x133

Parking

  • 12 Car Attached Garage
  • Assigned Parking

Interior Spaces

  • 6,240 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 16 Bathrooms

Utilities

  • Heating System Mounted To A Wall or Window

Community Details

  • 8 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 7260-029-019

Property Details

Home Type

Multi-Family

Year Built

Built in 1986

Lot Details

6,627 Sq Ft Lot

Parking

12

Listing Details

  • Property Type: Residential Income
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Living Area: 6240
  • Lot Acreage: 0.1521
  • Lot Dimensions: 50x133
  • Stories: 1
  • Year Built: 1986
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 16
  • Laundry: Community
  • Total Bathrooms: 16.00
  • Price Per S Q F T: 367.79

Exterior Features

  • Other Structures: None

Garage/Parking

  • Garage Spaces: 12
  • Parking Garage: Assigned, Attached
  • Total Parking: 12

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 68.00
  • Assessed Improvement Value: 1734000
  • Assessed Land Percent: 32
  • Assessed Land Value: 816000
  • Total Assessed Value: 2550000
  • Assessor Parcel Number: 7260-029-019
  • Lot Size Area: 6627

Multi Family

  • Unit Type: 2106
  • Gross Rent Multiplier: 11.40
  • Number Of Units: 8
  • Type Of Units: Income

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
Apr 28, 2026
Closed on
Jun 23, 2026
Sold by
Bought by
Seller's Agent
Jon Swire
The Agency
Buyer's Agent
Jon Swire
The Agency
List Price
$2,295,000
Sold Price
$2,275,000
Premium/Discount to List
-$20,000
-0.87%
Views
7

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Outstanding Balance
$1,400,000
Interest Rate
6.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2021
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
$1,825,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 21, 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
$1,015,000
Interest Rate
3.66%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 22, 2010
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
$558,000
Interest Rate
4.94%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 18, 2008
Sold by
Bought by

Purchase Details

Closed on
Oct 17, 2006
Sold by
Bought by

Purchase Details

Closed on
Mar 4, 2004
Sold by
Bought by

Purchase Details

Closed on
Oct 24, 1994
Sold by
Bought by

Purchase Details

Closed on
Sep 16, 1994
Sold by
Bought by

Purchase Details

Closed on
Aug 18, 1994
Sold by
Bought by

Purchase Details

Closed on
Aug 15, 1994
Sold by
Bought by

Purchase Details

Closed on
Jun 16, 1994
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Rose Park, CA

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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 $2,275,000 Monarch Title
Grant Deed $2,509,090 Ticor Title
Grant Deed $1,555,000 Ticor Title Company
Grant Deed -- First American Title Ins Co
Trustee Deed $16,073 Accommodation
Grant Deed $1,331,500 First American Title Ins Co
Interfamily Deed Transfer -- --
Interfamily Deed Transfer $114,000 North American Title Co
Interfamily Deed Transfer -- Chicago Title Insurance Co
Quit Claim Deed -- Chicago Title
Grant Deed $225,000 Chicago Title
Trustee Deed $162,927 Fidelity National Title Ins
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 $1,400,000 New Conventional
Previous Owner $1,825,000 Commercial
Previous Owner $1,425,000 Commercial
Previous Owner $1,015,000 Commercial
Previous Owner $1,010,000 Commercial
Previous Owner $558,000 Commercial
Previous Owner $6,548,760 Commercial
Previous Owner $21,945,000 Construction
Previous Owner $311,500 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
06/30/2026 06/30/26 Sold $2,275,000 -0.9% $365 / Sq Ft
04/28/2026 04/28/26 For Sale $2,295,000 -8.2% $368 / Sq Ft
08/13/2021 08/13/21 Sold $2,500,000 0.0% $401 / Sq Ft View Prior Sale
06/21/2021 06/21/21 Pending -- -- --
05/18/2021 05/18/21 For Sale $2,500,000 -- $401 / 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 $35,421 $2,653,019 $848,966 $1,804,053
2024 $33,889 $2,601,000 $832,320 $1,768,680
2023 $33,317 $2,550,000 $816,000 $1,734,000
2022 $31,265 $2,500,000 $800,000 $1,700,000
2021 $21,703 $1,700,617 $984,280 $716,337
2020 $21,646 $1,684,120 $974,188 $709,932
2019 $21,392 $1,651,118 $955,087 $696,031
2018 $20,815 $1,618,762 $936,360 $682,402
2016 $12,887 $1,014,077 $359,832 $654,245
2015 $12,384 $998,845 $354,427 $644,418
2014 $12,327 $979,280 $347,485 $631,795
Source: Public Records

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Map

Source: The MLS

MLS Number: 26825273

The MLS
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