Viviana Kim
Major League Properties
(657) 500-0759
52 Total Sales
1 in Recreation Park
$527,000 Price
1225 Bennett Ave Long Beach, CA 90804
Recreation Park Neighborhood
5
Beds
6
Baths
16,503
Sq Ft
0.28
Acre Lot
Highlights
- 0.28 Acre Lot
- 32 Car Garage
- Laundry Facilities
- No HOA
- Bike Trail
About This Home
As of June 20261225 Bennett Avenue presents a rare opportunity to acquire a well-maintained 17-unit apartment building in a prime East Long Beach location. Built in 1987 and situated on a sizable 12,065 SF lot, this 16,503 SF, three-story property offers a highly desirable unit mix and significant rental upside in one of the strongest rental submarkets in the area.
The building features (4) 2-bedroom, 2-bath units, (11) townhome-style 2-bedroom, 2.5-bath units, and (2) studio lofts—designed to attract a diverse tenant base seeking spacious, functional living space. With a current CAP rate of 3.73% and a projected proforma CAP of 7.00%, the property offers approximately 60% upside in rents, making it a compelling value-add opportunity for investors.
On-site amenities include a parking garage with 32 spaces and (2) shared laundry rooms. Priced at $302K per unit and $312 per square foot, the asset is competitively positioned within the market.
Ideally located in East Long Beach, the property is just blocks from Recreation Park Golf Course and less than two miles from the Long Beach Traffic Circle—home to some of the city’s best retail, dining, and entertainment.
Whether you're looking to stabilize a well-located asset or reposition it for stronger returns, 1225 Bennett Avenue offers a rare chance to invest in a quality multifamily property with built-in upside.
Last Agent to Sell the Property
Lyon Stahl Investment Real Est Brokerage Email: broker@lyonstahl.com License #01399621 Listed on: 06/05/2025
Co-Listed By
Lyon Stahl Investment Real Estate, Inc. Brokerage Email: broker@lyonstahl.com License #01717818
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1987
Lot Details
- 12,065 Sq Ft Lot
- Two or More Common Walls
- Density is 16-20 Units/Acre
Parking
- 32 Car Garage
- Parking Available
Home Design
- Property Attached
- Entry on the 1st floor
Interior Spaces
- 16,503 Sq Ft Home
- 3-Story Property
Bedrooms and Bathrooms
- 5 Bedrooms
- 6 Bathrooms
Listing and Financial Details
- Tax Lot 23
- Tax Tract Number 5770
- Assessor Parcel Number 7241008002
- $3,592 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 17 Units
- Circle Subdivision
Amenities
- Laundry Facilities
Recreation
- Bike Trail
Building Details
- 17 Leased Units
- 18 Separate Electric Meters
- 18 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $1,800
- Insurance Expense $20,629
- Maintenance Expense $17,517
- Other Expense $18,700
- Professional Management Expense $17,517
- New Taxes Expense $64,375
- Operating Expense $147,545
- Gross Income $337,104
- Net Operating Income $192,285
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
Jun 5, 2025
Closed on
May 29, 2026
Sold by
Bought by
Seller's Agent
Woody Stahl
Lyon Stahl Investment Real Est
Buyer's Agent
Sasha Savar
Lyon Stahl Investment Real Estate, Inc.
List Price
$5,150,000
Sold Price
$4,730,000
Premium/Discount to List
-$420,000
-8.16%
Views
23
Purchase Details
Closed on
May 8, 2002
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
$1,100,000
Interest Rate
4.95%
Mortgage Type
Commercial
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Recreation Park, CA
-
Viviana Kim
-
Richard Gaylord
Richard Gaylord
Re/Max R. E. Specialists
(424) 300-8259
25 Total Sales
3 in Recreation Park
$915K - $2.3M Price Range
-
Vannessa Swinford
Vannessa Swinford
First Team Real Estate
(657) 341-0938
35 Total Sales
1 in Recreation Park
$842,000 Price
-
Allison Van Wig
Allison Van Wig
Responds QuicklyKeller Williams Coastal Prop.
(562) 582-8861
236 Total Sales
1 in Recreation Park
$455,000 Price
-
Linda Ojeda
Linda Ojeda
Luxury Collective
(424) 372-0165
112 Total Sales
1 in Recreation Park
$745,000 Price
-
Mike Dunfee
Mike Dunfee
Dunfee Real Estate Services
(424) 358-3624
127 Total Sales
1 in Recreation Park
$1,900,000 Price
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 | $4,730,000 | First American Title Company | |
| Grant Deed | $1,525,000 | Fidelity 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 | $1,400,000 | Commercial | |
| Previous Owner | $1,100,000 | 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 |
|---|---|---|---|---|
| 06/10/2026 06/10/26 | Sold | $4,730,000 | -8.2% | $287 / Sq Ft |
| 11/10/2025 11/10/25 | Pending | -- | -- | -- |
| 11/04/2025 11/04/25 | For Sale | $5,150,000 | 0.0% | $312 / Sq Ft |
| 10/24/2025 10/24/25 | Pending | -- | -- | -- |
| 07/01/2025 07/01/25 | For Sale | $5,150,000 | 0.0% | $312 / Sq Ft |
| 06/11/2025 06/11/25 | Pending | -- | -- | -- |
| 06/05/2025 06/05/25 | For Sale | $5,150,000 | -- | $312 / 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 |
|---|---|---|---|---|
| 2025 | $32,539 | $2,252,875 | $265,903 | $1,986,972 |
| 2024 | $31,055 | $2,208,702 | $260,690 | $1,948,012 |
| 2023 | $30,515 | $2,165,395 | $255,579 | $1,909,816 |
| 2022 | $28,702 | $2,122,937 | $250,568 | $1,872,369 |
| 2021 | $28,031 | $2,081,311 | $245,655 | $1,835,656 |
| 2019 | $27,630 | $2,025,280 | $238,370 | $1,786,910 |
| 2018 | $26,830 | $1,985,682 | $233,697 | $1,751,985 |
| 2016 | $24,620 | $1,903,099 | $224,623 | $1,678,476 |
| 2015 | $23,671 | $1,874,513 | $221,249 | $1,653,264 |
| 2014 | $23,576 | $1,837,795 | $216,916 | $1,620,879 |
Source: Public Records
Agents Affiliated with this Home
-
Woody Stahl
Seller's Agent in 2026
Woody Stahl
Lyon Stahl Investment Real Est
(310) 710-3829
2 in this area
144 Total Sales
-
Brett Lyon
Seller Co-Listing Agent in 2026
Brett Lyon
Lyon Stahl Investment Real Estate, Inc.
(310) 780-1899
1 in this area
134 Total Sales
-
Sasha Savar
S
Buyer's Agent in 2026
Sasha Savar
Lyon Stahl Investment Real Estate, Inc.
(925) 885-9818
1 in this area
1 Total Sale
-
Cameron Samimi
Buyer Co-Listing Agent in 2026
Cameron Samimi
Lyon Stahl Investment Real Estate, Inc.
(310) 259-7556
2 in this area
206 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW25125963
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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
Nearby Homes
- 4224 E 11th St
- 4027 E 11th St
- 1052 Ximeno Ave
- 4316 E Wehrle Ct
- 1061 Park Ave
- 1061 Park Ave Unit 115
- 1062 Termino Ave
- 1315 Termino Ave
- 1345 Termino Ave
- 1350 Quincy Ave
- 1334 Mira Mar Ave
- 927 Belmont Ave
- 924 Termino Ave
- 1366 Roycroft Ave
- 810 Belmont Ave
- 4042 E Ransom St
- 1372 Grand Ave
- 1100 Euclid Ave Unit 113
- 1117 Euclid Ave
- 4835 E Anaheim St Unit 105
Your Personal Tour Guide
Ask me questions while you tour the home.