$1,300,000
SOLD AUG 11, 2026
8 Beds
4 Baths
3,906 Sq Ft
4,806 Sq Ft Lot

Sale Details

Date Sold: August 11, 2026

$333 Per Sq Ft

8% Above List Price

7 Days on Market

Highlights

  • No HOA
  • Turnkey
  • Radiant Heating System
  • Laundry Room
  • Stacked Washer and Dryer

About This Home

As of August 2026

Great investment opportunity in Long Beach! This upgraded quadplex offers strong income potential with an approximate **7% cap rate** and **one unit currently vacant**, creating an ideal option for an owner-user or investor looking to place a new tenant at market rent. The property features **four total units**, with the remaining units occupied and income-producing.

Recent improvements include an updated exterior, refreshed interiors in select units, modern finishes, and clean curb appeal. Each unit has dedicated parking, adding convenience and value for tenants. With solid rental income, recent upgrades, and upside potential through the vacant unit, this property is a great addition to any rental portfolio. Along with Community Laundry.

Buyer to verify all rents, expenses, cap rate, permits, unit mix, and property details.

Last Agent to Sell the Property

Christina Mercado

Circle Real Estate Brokerage Phone: 323-799-0599 License #02074083 Listed on: 07/03/2026

Circle Real Estate

Last Buyer's Agent

Craig Cornwell

Coldwell Banker Realty License #01376849

Coldwell Banker Realty

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 4,806 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage
  • Carport
  • Parking Available
  • Assigned Parking

Home Design

  • Quadruplex
  • Entry on the 1st floor
  • Turnkey

Interior Spaces

  • 3,906 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Stacked Washer and Dryer

Outdoor Features

  • Exterior Lighting

Utilities

  • Radiant Heating System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for telephone, cable TV, electricity
  • Tax Lot 104
  • Tax Tract Number 5464
  • Assessor Parcel Number 7128013003
  • $965 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • North Long Beach Subdivision

Amenities

  • Laundry Facilities

Building Details

  • 3 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Water Meters
  • Electric Expense $900
  • Gardener Expense $1,440
  • Insurance Expense $11,000
  • Professional Management Expense $7,032
  • Water Sewer Expense $3,156
  • Operating Expense $22,878
  • Gross Income $112,668
  • Net Operating Income $89,790

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

4,806 Sq Ft Lot

Parking

4

Listing Details

  • Assessments: Yes
  • CapRate: 7.48
  • Inclusions: in Unit Appliances , & Community Washers and Dryers
  • Professional Management Expense: 7032.00
  • Property Attached: Yes
  • Subdivision Name Other: North Long Beach (NLB)
  • View: No
  • Water Sewer Expenses: 3156.00
  • Property Condition: Turnkey
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 1440.00
  • Parcel Number: 7128013003
  • Year Built: 1965
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 332.82

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned, Carport
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Water Available, Sewer Available, Cable Available, Electricity Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Radiant
  • Laundry Features: Individual Room, In Garage, Community, Common Area, Stackable
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 4806.00
  • Lot Size Acres: 0.1103

Rental Info

  • Tenant Pays: Telephone, Cable TV, Electricity

Multi Family

  • Electric Expense: 900.00
  • Gross Income: 112668.00
  • Gross Operating Income: 112668.00
  • Gross Scheduled Income: 112668.00
  • Insurance Expense: 11000.00
  • Laundry Equipment Own Lease: Own
  • Laundry Income: 300.00
  • Lot Size Area: 4806.0000 Square Feet
  • Net Operating Income: 89790.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Leased: 3
  • Number Of Units Total: 4
  • Number With Disposal: 1
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Operating Expense: 22878.00
  • Rent Control: No
  • Total Actual Rent: 6789.00
  • Total Expenses: 22878.00

Tax Info

  • Tax Lot: 104
  • Tax Tract Number: 5464
  • TaxOtherAnnualAssessmentAmount: 965.00

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
Jul 3, 2026
Closed on
Jul 14, 2026
Sold by
Anderson Angel L and Christina Mercado
Bought by
Seller's Agent
Christina Mercado
Circle Real Estate
Buyer's Agent
Craig Cornwell
Coldwell Banker Realty
List Price
$1,199,999
Sold Price
$1,300,000
Premium/Discount to List
$100,001
8.33%
Views
12

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-67.26%
Original Mortgage
$1,300,000
Outstanding Balance
$1,298,823
Interest Rate
6.49%
Mortgage Type
VA
Estimated Equity
-$136,156

Purchase Details

Closed on
Jul 22, 2025
Sold by
Anderson Angel L
Bought by
Anderson Angel L and Mercado Christina

Purchase Details

Closed on
Sep 19, 2022
Sold by
Jordan Chris R
Bought by
Anderson Angel L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,139,600
Interest Rate
6.95%
Mortgage Type
VA

Purchase Details

Closed on
Mar 22, 2006
Sold by
Jordan Curlisa
Bought by
Jordan Chris R

Purchase Details

Closed on
Feb 12, 2003
Sold by
Jordan Chris R
Bought by
Jackson Valerie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,000
Interest Rate
7.99%

Purchase Details

Closed on
Jul 23, 2001
Sold by
Jordan Curlisa
Bought by
Jordan Chris J and Jackson Valerie A

Purchase Details

Closed on
Jul 21, 1999
Sold by
Jordan Christal H
Bought by
Jordan Christal H and Jordan Bessie L

Purchase Details

Closed on
Jun 25, 1997
Sold by
American Svgs Bank Fa
Bought by
Jordan Christal H and Jordan Bessie L

Purchase Details

Closed on
Oct 22, 1996
Sold by
Ahmad Kathleen R
Bought by
American Svgs Bank Fa
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Lindbergh, 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
Gift Deed -- --
Grant Deed $1,100,000 First American Title
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- Accommodation
Grant Deed -- Accommodation
Interfamily Deed Transfer -- Diversified Title & Escrow S
Interfamily Deed Transfer -- Fidelity National Title Ins
Interfamily Deed Transfer -- Fidelity National Title Ins
Interfamily Deed Transfer -- South Coast Title
Grant Deed $184,000 Investors Title Company
Trustee Deed $163,000 Stewart Title
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
Previous Owner $1,139,600 VA
Previous Owner $261,500 New Conventional
Previous Owner $273,000 Unknown
Previous Owner $165,000 Negative Amortization
Previous Owner $142,000 No Value Available
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
08/11/2026 08/11/26 Sold $1,300,000 0.0% $333 / Sq Ft
07/10/2026 07/10/26 Pending -- -- --
07/10/2026 07/10/26 Off Market $1,300,000 -- --
07/03/2026 07/03/26 For Sale $1,199,999 +9.1% $307 / Sq Ft
12/02/2022 12/02/22 Sold $1,100,000 -8.3% $282 / Sq Ft View Prior Sale
09/16/2022 09/16/22 Pending -- -- --
06/04/2022 06/04/22 For Sale $1,200,000 +9.1% $307 / Sq Ft
05/18/2022 05/18/22 Off Market $1,100,000 -- --
02/27/2022 02/27/22 For Sale $1,200,000 -- $307 / 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
2026 $15,489 $1,167,328 $318,362 $848,966
2025 $15,489 $1,144,440 $312,120 $832,320
2024 $14,820 $1,122,000 $306,000 $816,000
2023 $14,571 $1,100,000 $300,000 $800,000
2022 $14,256 $1,126,781 $515,100 $611,681
2021 $11,943 $935,000 $425,000 $510,000
2019 $11,443 $880,000 $400,000 $480,000
2018 $10,721 $830,000 $380,000 $450,000
2016 $8,721 $700,000 $315,000 $385,000
2015 $7,820 $640,000 $290,000 $350,000
2014 $7,921 $640,000 $290,000 $350,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW26145351

California Regional Multiple Listing Service (CRMLS)

APN: 7128-013-003

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