Seller's Agent in 2025
Jon Swire
The Agency
(310) 948-2631
2 in this area
34 Total Sales
PRICED TO SELL - 9.8 GRM AND 6.7% CAP on in-place rents, with upside to a 9.0 GRM and 7.6% CAP. 9 units on the Eastside of Long Beach. Property was heavily rehabbed in 2020. 8 of 9 units were taken down to the studs with everything updated. Property has new windows, updated plumbing, electrical, kitchens and baths. Additionally, all new tile flooring was installed (that looks like wood laminate) which will last for years to come. Buyer to verify. Main Electric Panel is 400 AMPS - Buyer to verify. There is onsite laundry and the building is secured. There are 4 garages in the rear that could be rented for $125/garage or converted into 1-2 ADU's - Buyer to verify. There is also one garage in the front of the building. There are 2 potential Loan Options on the property. Option 1 - The Buyer can obtain a new loan with 25-30% down. Option 2 - Buyer can assume the existing, fully amortized loan of $1.830.000 fixed at 3.4% until November 2026 at which point it can adjust as much as 2.00%. This option allows a Buyer to purchase this property with less than 20% down. EMAIL LISTING AGENT FOR MORE INFO INCLUDING A RENT ROLL AND OM.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/14/2025 11/14/25 | Sold | $2,149,000 | 0.0% | $312 / Sq Ft | |
| 09/24/2025 09/24/25 | Pending | -- | -- | -- | |
| 09/10/2025 09/10/25 | For Sale | $2,149,000 | 0.0% | $312 / Sq Ft | |
| 10/08/2024 10/08/24 | Off Market | $1,995 | -- | -- | |
| 10/05/2024 10/05/24 | For Rent | $1,995 | 0.0% | -- | |
| 01/14/2021 01/14/21 | Sold | $2,399,000 | 0.0% | $348 / Sq Ft | View Prior Sale |
| 11/16/2020 11/16/20 | Pending | -- | -- | -- | |
| 10/20/2020 10/20/20 | Off Market | $2,399,000 | -- | -- | |
| 08/21/2020 08/21/20 | For Sale | $2,300,000 | +17.3% | $334 / Sq Ft | |
| 09/17/2019 09/17/19 | Sold | $1,960,000 | -2.0% | $284 / Sq Ft | View Prior Sale |
| 06/28/2019 06/28/19 | Pending | -- | -- | -- | |
| 04/17/2019 04/17/19 | For Sale | $1,999,000 | -- | $290 / Sq Ft |
| 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 | $33,388 | $2,596,752 | $865,945 | $1,730,807 |
| 2024 | $33,388 | $2,545,836 | $848,966 | $1,696,870 |
| 2023 | $32,822 | $2,495,919 | $832,320 | $1,663,599 |
| 2022 | $30,806 | $2,446,980 | $816,000 | $1,630,980 |
| 2021 | $25,195 | $1,980,305 | $1,111,396 | $868,909 |
| 2020 | $25,129 | $1,961,800 | $1,100,000 | $861,800 |
| 2019 | $16,099 | $1,201,373 | $499,821 | $701,552 |
| 2018 | $15,633 | $1,177,853 | $490,021 | $687,832 |
| 2016 | $14,369 | $1,130,388 | $470,994 | $659,394 |
| 2015 | $13,808 | $1,113,410 | $463,920 | $649,490 |
| 2014 | $13,745 | $1,091,601 | $454,833 | $636,768 |
Seller's Agent in 2025
Jon Swire
The Agency
(310) 948-2631
2 in this area
34 Total Sales
Buyer's Agent in 2025
Travis Traweek
Keller Williams Los Angeles
(310) 490-5559
1 in this area
1 Total Sale
Seller's Agent in 2021
Anthony Walker
Buckingham Investments, Inc
(310) 982-7055
3 in this area
86 Total Sales
Seller's Agent in 2019
Kristina Moore
The Moore Group
(714) 809-7608
25 Total Sales
Source: The MLS
MLS Number: 25590423
Ask me questions while you tour the home.