$2,149,000
SOLD NOV 14, 2025
17 Beds
9 Baths
6,892 Sq Ft
6,525 Sq Ft Lot

Recently Sold

$312 Per Sq Ft

14 Days on Market

Highlights

  • Laundry Facilities
  • Long Beach Polytechnic High School Rated A
  • 4-minute walk to Douglas Macarthur Park

About This Home

As of November 2025

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.

Last Agent to Sell the Property

Jon Swire

The Agency License #01336277 Listed on: 09/10/2025

The Agency

Last Buyer's Agent

Travis Traweek

Keller Williams Los Angeles License #02064787

Keller Williams Los Angeles

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 6,525 Sq Ft Lot
  • Lot Dimensions are 50x130

Parking

  • 5 Car Garage
  • Assigned Parking

Interior Spaces

  • 6,892 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 17 Bedrooms
  • 9 Bathrooms

Utilities

  • Window Unit Cooling System
  • Heating System Mounted To A Wall or Window

Community Details

  • 9 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 7261-027-007

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

6,525 Sq Ft Lot

Parking

5

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 6892
  • Lot Acreage: 0.1498
  • Lot Dimensions: 50x130
  • Stories: 2
  • Year Built: 1963
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 17
  • Laundry: Community
  • Total Bathrooms: 9.00
  • Price Per S Q F T: 311.81

Exterior Features

  • Other Structures: None

Garage/Parking

  • Garage Spaces: 5
  • Parking Garage: Assigned
  • Total Parking: 5

Utilities

  • Cooling: Window Unit(s)
  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 66.65
  • Assessed Improvement Value: 1696870
  • Assessed Land Percent: 33.35
  • Assessed Land Value: 848966
  • Total Assessed Value: 2545836
  • Assessor Parcel Number: 7261-027-007
  • Lot Size Area: 6525

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 9.80
  • Number Of Units: 9
  • Type Of Units: Income
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

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
Source: The MLS

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 $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
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 25590423

The MLS
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