$1,490,000
UNDER CONTRACT $60K PRICE DROP

Estimated payment $8,498/month

Total Views 3,528
12 Beds
8 Baths
4,676 Sq Ft
$319 Price per Sq Ft

About This Home

Good residential Income property. Located in a high demanding rental part of Long Beach City. Property is locating couple miles to the beach. Cal State Long Beach, 18 Golf Course, VA Hospital is near by. Property has a large four units: each units is 3Beds and 2 Baths. Located to near by shopping and walking distance to restaurant and public transportation.

Listing Agent

Daniel Ho

Triumph Real Estate Solutions Brokerage Phone: 714-292-7264 License #01318345 Listed on: 07/12/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,549

Year Built

  • Built in 1990

Lot Details

  • 6,568 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Home Design

  • Apartment
  • Entry on the 2nd floor

Interior Spaces

  • 4,676 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 8 Bathrooms

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 7261016014

Community Details

Overview

  • 4 Units

Building Details

  • 5 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $360
  • Gardener Expense $600
  • Insurance Expense $1,600
  • Water Sewer Expense $5,700
  • Operating Expense $15,800
  • Gross Income $98,400
  • Net Operating Income $82,590

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,549

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Price Per Unit: 372500
  • Property Attached: Yes
  • Water Sewer Expenses: 5700.00
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 7261016014
  • Year Built: 1990
  • Special Features: UnderContract

Interior Features

  • Stories: 2
  • Entry Location: front
  • Common Walls: 2+ Common Walls
  • Entry Level: 2
  • Price Per Square Foot: 318.65

Exterior Features

  • Pool Private: No

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6568.00
  • Lot Size Acres: 0.1508
  • Latitude Manual: 33.78510800

Multi Family

  • Electric Expense: 360.00
  • Gross Income: 98400.00
  • Gross Scheduled Income: 98400.00
  • Insurance Expense: 1600.00
  • Lot Size Area: 6568.0000 Square Feet
  • Net Operating Income: 82590.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 15810.00
  • Rent Control: No
  • Total Expenses: 15800.00

Tax Info

  • Tax Lot: 12

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $7,549 $536,380 $115,258 $421,122
2024 $7,549 $525,864 $112,999 $412,865
2023 $7,421 $515,554 $110,784 $404,770
2022 $6,990 $505,446 $108,612 $396,834
2021 $6,824 $495,536 $106,483 $389,053
2019 $6,728 $480,840 $103,326 $377,514
2018 $6,450 $471,412 $101,300 $370,112
2016 $5,913 $453,108 $97,367 $355,741
2015 $5,688 $446,303 $95,905 $350,398
2014 $5,666 $437,562 $94,027 $343,535
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2025 07/17/25 Price Changed $1,490,000 -3.9% $319 / Sq Ft
07/12/2025 07/12/25 For Sale $1,550,000 -- $331 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $356,000 Benefit Land Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $250,000 Credit Line Revolving
Previous Owner $284,500 No Value Available
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW25156975

California Regional Multiple Listing Service (CRMLS)

APN: 7261-016-014