$945,000
$30K PRICE DROP

Estimated payment $5,972/month

Total Views 263
2 Beds
2 Baths
1,116 Sq Ft
$847 Price per Sq Ft

Highlights

  • 0.24 Acre Lot
  • Laundry Facilities
  • Heating Available
  • 3 Car Direct Access Garage

About This Home

Value in the Land! Excellent Investment & Redevelopment Opportunity! This 2-story duplex sits on a generously sized 10,469 SF lot, offering excellent potential for future development, ADU, or other multi-unit possibilities, subject to city approval and zoning requirements. The property is currently tenant-occupied, providing rental income while exploring future plans.

Each attached unit is approximately 560 SF and features 1 bedroom and 1 bathroom on the first floor, plus a second-floor bonus room with closet. A detached 3-car garage and rear laundry room provide additional convenience and potential.

Both units were upgraded approximately 5 years ago with laminate flooring, kitchen cabinets, quartz countertops, sinks, and upgraded electrical panels. Each unit also features a newer mini-split heating and cooling system.

A rare opportunity for investors, developers, or owner-users seeking a property with existing rental income and significant land potential. Buyer to verify zoning, permitted use, lot-split/subdivision possibilities, ADU opportunities, development potential, and all property information with the City of Long Beach.

Listing Agent

Christine Tran

Freedom Realty & Finance Brokerage Phone: 714-206-6491 License #00996419 Listed on: 08/08/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1912

Lot Details

  • 10,469 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Direct Access Garage
  • Parking Available

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 1,116 Sq Ft Home
  • 2-Story Property
  • Laminate Flooring
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Legal Lot and Block 30 / 12
  • Tax Tract Number 1833
  • Assessor Parcel Number 7431024016
  • $483 per year additional tax assessments

Community Details

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,600
  • Trash Expense $1,200
  • Water Sewer Expense $2,400
  • Operating Expense $5,200
  • Gross Income $5,350
  • Net Operating Income $4,900

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1912

Lot Details

10,469 Sq Ft Lot

Parking

3

Listing Details

  • Property Attached: Yes
  • Security: Smoke Detector(s)
  • Water Sewer Expenses: 2400.00
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7431024016
  • Year Built: 1912
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Laminate
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 846.77

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Concrete, Direct Garage Access
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Electric
  • Laundry Features: Common Area, Washer Included, Dryer Included
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public
  • Cooling: Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 10469.00
  • Lot Size Acres: 0.2403

Rental Info

  • Tenant Pays: Gas, Electricity

Multi Family

  • Garage Income: 300.00
  • Gross Income: 5350.00
  • Gross Scheduled Income: 5350.00
  • Insurance Expense: 1600.00
  • Lot Size Area: 10469.0000 Square Feet
  • Net Operating Income: 4900.00
  • Number Of Rented Garages: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Operating Expense: 450.00
  • Rent Control: No
  • Total Expenses: 5200.00

Tax Info

  • Tax Block: 12
  • Tax Lot: 30
  • Tax Tract Number: 1833
  • TaxOtherAnnualAssessmentAmount: 483.00

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $9,453 $706,764 $530,604 $176,160
2024 $9,021 $692,906 $520,200 $172,706
2023 $8,869 $679,320 $510,000 $169,320
2022 $8,324 $666,000 $500,000 $166,000
2021 $733 $43,202 $37,569 $5,633
2019 $718 $41,922 $36,455 $5,467
2018 $662 $41,101 $35,741 $5,360
2016 $606 $39,506 $34,354 $5,152
2015 $587 $38,913 $33,838 $5,075
2014 $597 $38,152 $33,176 $4,976
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
08/22/2026 08/22/26 Price Changed $945,000 -3.1% $847 / Sq Ft
08/08/2026 08/08/26 For Sale $975,000 +46.4% $874 / Sq Ft
12/22/2021 12/22/21 Sold $666,000 +11.0% $597 / Sq Ft View Prior Sale
10/25/2021 10/25/21 For Sale $600,000 -- $538 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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
Interfamily Deed Transfer -- --
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW26173649

California Regional Multiple Listing Service (CRMLS)

APN: 7431-024-016

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