NOT LISTED FOR SALE

1320 W Parade St Long Beach, CA 90810

Lower Westside Neighborhood

Estimated Value: $832,000 - $909,000

5 Beds
3 Baths
2,154 Sq Ft
$401/Sq Ft Est. Value

Last Sold March 14, 2025

Last sale price $850,000 $395 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $5,042/month

36 Days on Market

About This Home

As of March 2025

Permitted single story triplex with excellent upside potential! All three units are currently rented, offering a solid foundation for strong cash flow. Units A and C are 2-bedroom, 1-bath layouts, while Unit B is a 1-bedroom, 1-bath unit. Units A and C also come with separate 1-car garages, adding extra rental value and appeal. This property presents a fantastic opportunity for investors looking to maximize returns in a highly desirable market.

Last Agent to Sell the Property

Stephen Ceausu

Stephen P Ceausu, Broker License #02099019 Listed on: 12/19/2024

Last Buyer's Agent

Elisabeth Ceja

Keller Williams Realty License #01510748

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Lot Details

  • 6,629 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • Triplex
  • Entry on the 1st floor

Interior Spaces

  • 2,154 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 16 / 4
  • Tax Tract Number 1833
  • Assessor Parcel Number 7431033006
  • $684 per year additional tax assessments

Community Details

Overview

  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

6,629 Sq Ft Lot

Parking

2

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Long Beach
  • Zoning: LBR2N
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 7431033006
  • Year Built: 1957
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 394.61

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6629.00
  • Lot Size Acres: 0.1522

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Lot Size Area: 6629.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Rent Control: Yes

Tax Info

  • Tax Block: 4
  • Tax Census Tract: 5780.00
  • Tax Lot: 16
  • Tax Tract Number: 1833
  • TaxOtherAnnualAssessmentAmount: 684.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2024
Closed on
Feb 18, 2025
Sold by
Navarrette Yvette
Bought by
Espinoza Alfonso
Seller's Agent
Stephen Ceausu
Stephen P Ceausu, Broker
Buyer's Agent
Elisabeth Ceja
Keller Williams Realty
List Price
$799,000
Sold Price
$850,000
Premium/Discount to List
$51,000
6.38%
Views
90
Current Estimated Value
$862,680

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,680
Avg. Annual Appreciation
1.43%
Original Mortgage
$821,631
Outstanding Balance
$816,786
Interest Rate
6.95%
Mortgage Type
FHA
Estimated Equity
$45,894

Purchase Details

Listed on
Dec 19, 2024
Closed on
Jan 30, 2025
Sold by
Pham Phong
Bought by
Espinoza Alfonso
Seller's Agent
Stephen Ceausu
Stephen P Ceausu, Broker
Buyer's Agent
Elisabeth Ceja
Keller Williams Realty
List Price
$799,000
Sold Price
$850,000
Premium/Discount to List
$51,000
6.38%
Views
90

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$821,631
Outstanding Balance
$816,786
Interest Rate
6.95%
Mortgage Type
FHA
Estimated Equity
$45,894

Purchase Details

Listed on
Sep 18, 2012
Closed on
Oct 5, 2012
Sold by
Miyagawa Phyllis I and Estate Of Miyoko Miyagawa
Bought by
Pham Phong
Seller's Agent
Carol Gilles
Fredericks Realty
Buyer's Agent
Luis Figueroa
Equity Smart Real Estate Services
List Price
$350,000
Sold Price
$325,000
Premium/Discount to List
-$25,000
-7.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.08%
Original Mortgage
$243,750
Interest Rate
3.43%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Espinoza Alfonso -- Fidelity National Title
Espinoza Alfonso $850,000 Fidelity National Title
Pham Phong $325,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Espinoza Alfonso $821,631
Previous Owner Pham Phong $243,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/14/2025 03/14/25 Sold $850,000 +6.4% $395 / Sq Ft
03/03/2025 03/03/25 For Sale $799,000 0.0% $371 / Sq Ft
01/24/2025 01/24/25 Pending -- -- --
12/19/2024 12/19/24 For Sale $799,000 +145.8% $371 / Sq Ft
11/02/2012 11/02/12 Sold $325,000 -7.1% $151 / Sq Ft View Prior Sale
10/01/2012 10/01/12 Pending -- -- --
09/18/2012 09/18/12 For Sale $350,000 -- $162 / 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 $5,566 $400,200 $215,493 $184,707
2024 $5,566 $392,354 $211,268 $181,086
2023 $5,470 $384,662 $207,126 $177,536
2022 $5,149 $377,120 $203,065 $174,055
2021 $5,036 $369,727 $199,084 $170,643
2019 $4,966 $358,763 $193,180 $165,583
2018 $4,745 $351,730 $189,393 $162,337
2016 $4,365 $338,074 $182,040 $156,034
2015 $4,197 $332,997 $179,306 $153,691
2014 $4,182 $326,475 $175,794 $150,681
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2025

    Stephen Ceausu

    Stephen P Ceausu, Broker

    (714) 305-3709

    1 in this area

    17 Total Sales

    Stephen Ceausu
    Section Image
  • Elisabeth Ceja

    Buyer's Agent in 2025

    Elisabeth Ceja

    Keller Williams Realty

    (310) 365-9886

    1 in this area

    34 Total Sales

    Elisabeth Ceja
    Section Image
  • Carol Gilles

    Seller's Agent in 2012

    Carol Gilles

    Fredericks Realty

    (310) 864-9738

    1 in this area

    17 Total Sales

    Carol Gilles
    Section Image

  • L

    Buyer's Agent in 2012

    Luis Figueroa

    Equity Smart Real Estate Services

    (562) 762-8968

    3 Total Sales

    Luis Figueroa
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24251831

California Regional Multiple Listing Service (CRMLS)

APN: 7431-033-006

California Los Angeles County Long Beach 90810 Lower Westside

1320 W Parade St, Long Beach, CA

Not Listed for Sale

MultiFamily

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California Regional Multiple Listing Service (CRMLS) 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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