$1,400,000
SOLD JAN 2, 2026
4 Beds
5 Baths
1 Sq Ft
5,022 Sq Ft Lot

Recently Sold

$1,400,000 Per Sq Ft

19% Below List Price

76 Days on Market

Highlights

  • City Lights View
  • 0.12 Acre Lot
  • Corner Lot
  • Long Beach Polytechnic High School Rated A
  • Property is near public transit
  • No HOA

About This Home

As of January 2026

Investors pride of ownership. This stylish 3 unit complex is located minutes from the beach and beautiful downtown Long Beach. All units have been remodeled and features a welcoming, private entrance leading to the units. Upper unit is a 2 bedroom, 1 bath with a spacious living room layout with laundry hook-ups and 2 balcony's to enjoy the view on a nice day. The other two units are a charming and cozy 1 bedroom with 1 bath located on the lower level with nice space between them and no common walls for privacy. Perfect for a tenant or smaller family. There is also a 4th vacant unit that was converted from a storage room to a studio apt with a balcony. Not permitted but the structure was there and then remodeled into a studio. Complex comes with a laundry room for lower units to enjoy without having to leave the premises while also providing additional income to the investor. This is a unique investment opportunity for anyone looking to grow their portfolio. Come and take a look at this outstanding opportunity to own in the heart of Long Beach and in one of the areas most desirable locations.

Last Agent to Sell the Property

Maggie Monge

MagiCal Properties, Inc. Brokerage Email: mmags024@gmail.com License #01857766 Listed on: 09/02/2025

Co-Listed By

Robert Sanchez

MagiCal Properties, Inc. Brokerage Email: mmags024@gmail.com License #01488366

Last Buyer's Agent

Kelly Corsino

Real Broker License #01704102

Real Broker

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1906 | Remodeled

Lot Details

  • 5,022 Sq Ft Lot
  • No Common Walls
  • South Facing Home
  • Wood Fence
  • Corner Lot
  • Paved or Partially Paved Lot
  • Garden
  • Density is 2-5 Units/Acre

Home Design

  • Triplex
  • Entry on the 2nd floor
  • Raised Foundation
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1 Sq Ft Home
  • 2-Story Property
  • Atrium Windows
  • Atrium Doors
  • Family Room
  • Living Room
  • City Lights Views

Flooring

  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Outdoor Features

  • Balcony
  • Shed

Location

  • Property is near public transit

Utilities

  • Floor Furnace
  • Wall Furnace
  • Standard Electricity
  • Water Heater

Listing and Financial Details

  • Legal Lot and Block 2 / 53
  • Tax Tract Number 5766
  • Assessor Parcel Number 7265014001
  • $675 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Alamitos Beach Subdivision

Amenities

  • Laundry Facilities

Recreation

  • Bike Trail

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $3,852
  • Fuel Expense $328
  • Insurance Expense $2,397
  • Trash Expense $656
  • Water Sewer Expense $1,476
  • Operating Expense $8,709
  • Gross Income $1,080
  • Net Operating Income $83,391

Property Details

Home Type

Multi-Family

Year Built

Built in 1906 | Remodeled

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Alamitos Beach (AB)
  • View: Yes
  • Water Sewer Expenses: 1476.00
  • Zoning: LBR4R
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 7265014001
  • Year Built: 1906
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Balcony
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile, Vinyl
  • Appliances: Yes
  • Door Features: Atrium Doors
  • Entry Level: 2
  • Levels: Two
  • Room Type: Family Room, Kitchen, Laundry, Living Room
  • Window Features: Atrium

Exterior Features

  • Direction Faces: South
  • Foundation: Raised
  • Other Structures: Shed(s), Storage
  • View: City Lights
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Wood Siding

Garage/Parking

  • Parking: No

Utilities

  • Utilities: Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Water Heater
  • Electric: Standard
  • Heating Type: Floor Furnace, Wall Furnace
  • Laundry Features: Common Area, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 656.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Corner Lot, Garden, Near Public Transit, Paved
  • Lot Size Sq Ft: 5022.00
  • Lot Size Acres: 0.1153

Multi Family

  • Electric Expense: 3852.00
  • Fuel Expense: 328.00
  • Gross Income: 1080.00
  • Gross Operating Income: 92100.00
  • Gross Scheduled Income: 92100.00
  • Insurance Expense: 2397.00
  • Laundry Income: 1080.00
  • Lot Size Area: 5022.0000 Square Feet
  • Net Operating Income: 83391.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 8709.00
  • Rent Control: No
  • Total Actual Rent: 7675.00
  • Total Expenses: 8709.00

Tax Info

  • Tax Block: 53
  • Tax Census Tract: 5766.02
  • Tax Lot: 2
  • Tax Tract Number: 5766.02
  • TaxOtherAnnualAssessmentAmount: 675.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2025
Closed on
Dec 29, 2025
Sold by
Phipps Minh
Bought by
Phipps Benjamin G
Seller's Agent
Maggie Monge
MagiCal Properties, Inc.
Buyer's Agent
Kelly Corsino
Real Broker
List Price
$1,736,000
Sold Price
$1,400,000
Premium/Discount to List
-$336,000
-19.35%
Views
48

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1046.39%
Original Mortgage
$1,050,000
Outstanding Balance
$1,049,006
Interest Rate
6.26%
Mortgage Type
New Conventional
Estimated Equity
$652,661

Purchase Details

Listed on
Sep 2, 2025
Closed on
Dec 26, 2025
Sold by
Rosales Ricardo and Rosales Marcela Odulia
Bought by
Phipps Benjamin G
Seller's Agent
Maggie Monge
MagiCal Properties, Inc.
Buyer's Agent
Kelly Corsino
Real Broker
List Price
$1,736,000
Sold Price
$1,400,000
Premium/Discount to List
-$336,000
-19.35%
Views
48

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,050,000
Outstanding Balance
$1,049,006
Interest Rate
6.26%
Mortgage Type
New Conventional
Estimated Equity
$652,661

Purchase Details

Closed on
Jan 20, 2023
Sold by
Rosales Ricardo and Rosales Marcela Odulia
Bought by
Rosales Ricardo and Rosales Marcela Odulia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Interest Rate
6.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 2021
Sold by
Moore Lynn
Bought by
Moore Lynn and Haugh Lindsey

Purchase Details

Closed on
May 27, 2021
Sold by
Rosales Odulia and Rosales Ricardo
Bought by
Rosales Ricardo and Rosales Marcela Odulia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$570,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 24, 2021
Sold by
Gail J Cooper Revocable Living Trust and Anderson Stephanie
Bought by
Rosales Ricardo and Rosales Odulia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$570,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 2017
Sold by
Cooper Gall
Bought by
Cooper Gail J and The Gail J Cooper Revocable Li

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$536,500
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 2009
Sold by
Cooper Gail J
Bought by
Cooper Gail J and The Gail J Cooper Revocable Li
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed -- Lawyers Title
Grant Deed $1,400,000 Lawyers Title Company
Grant Deed -- Wfg National Title
Grant Deed -- None Listed On Document
Grant Deed -- Provident Title
Grant Deed -- Provident Title
Interfamily Deed Transfer -- Wfg National Title
Interfamily Deed Transfer -- Wfg National Title
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,050,000 New Conventional
Previous Owner $840,000 New Conventional
Previous Owner $570,000 New Conventional
Previous Owner $536,500 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/02/2026 01/02/26 Sold $1,400,000 -15.2% $1,400,000 / Sq Ft
09/21/2025 09/21/25 Price Changed $1,650,050 -5.0% $1,650,050 / Sq Ft
09/02/2025 09/02/25 For Sale $1,736,000 -- $1,736,000 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS25187509

California Regional Multiple Listing Service (CRMLS)

APN: 7265-014-001