Seller's Agent in 2025
Eric Christopher
WSC Realty Advisors Inc.
(562) 546-3550
1 in this area
2 Total Sales
1222 E 10th St Long Beach, CA 90813
Hellman Neighborhood
1
Bed
2
Baths
4,522
Sq Ft
5,854
Sq Ft Lot
About This Home
As of December 20251222 E 10th St., Long Beach represents an excellent opportunity for cash flow and upside within a centrally located, straight forward "Bread and butter" asset. Consisting of nicely sized (6) Studio-1 bath and (4) 1 Bed-1 bath units, the property has a consistently high occupancy rate. 5 of 10 units are currently eligible for rent increases Unit interiors have been upgraded as well as the electrical system converted to separate meters and subpanels with capacity for expansion in each unit. The building exterior has just been cleaned, preserved and painted. There is potential to add a laundry room in a large water heater/ store room at the rear of the property (Buyer to verify)
Last Agent to Sell the Property
WSC Realty Advisors Inc. Brokerage Phone: 949-463-2787 License #01270278 Listed on: 09/03/2025
Last Buyer's Agent
WSC Realty Advisors Inc. Brokerage Phone: 949-463-2787 License #01270278 Listed on: 09/03/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1923
Lot Details
- 5,854 Sq Ft Lot
- Two or More Common Walls
- Density is up to 1 Unit/Acre
Home Design
- Apartment
- Entry on the 1st floor
Interior Spaces
- 4,522 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 1 Bedroom
- 2 Bathrooms
Outdoor Features
- Exterior Lighting
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Legal Lot and Block 4 / I
- Tax Tract Number 1950
- Assessor Parcel Number 7267022005
Community Details
Overview
- No Home Owners Association
- 10 Units
Building Details
- Rent Control
- 11 Separate Electric Meters
- 11 Separate Gas Meters
- 1 Separate Water Meter
- Fuel Expense $1,325
- Gardener Expense $500
- Insurance Expense $9,044
- Maintenance Expense $7,500
- Other Expense $780
- Professional Management Expense $7,425
- Trash Expense $1,650
- Water Sewer Expense $1,650
- New Taxes Expense $21,188
- Operating Expense $51,462
- Gross Income $165,000
- Net Operating Income $107,889
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/04/2025 12/04/25 | Sold | $1,630,000 | -3.8% | $360 / Sq Ft |
| 09/16/2025 09/16/25 | Pending | -- | -- | -- |
| 09/03/2025 09/03/25 | For Sale | $1,695,000 | -- | $375 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $15,581 | $1,138,807 | $797,169 | $341,638 |
| 2024 | $15,581 | $1,116,479 | $781,539 | $334,940 |
| 2023 | $15,300 | $1,094,588 | $766,215 | $328,373 |
| 2022 | $14,382 | $1,073,127 | $751,192 | $321,935 |
| 2021 | $14,064 | $1,052,086 | $736,463 | $315,623 |
| 2019 | $13,862 | $1,022,082 | $714,620 | $307,462 |
| 2018 | $13,474 | $1,002,065 | $700,608 | $301,457 |
| 2016 | $11,231 | $860,000 | $602,000 | $258,000 |
| 2015 | $9,763 | $755,000 | $528,500 | $226,500 |
| 2014 | $8,829 | $660,000 | $462,000 | $198,000 |
Source: Public Records
Agents Affiliated with this Home
-
Eric Christopher
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW25198017
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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