$1,099,000
PENDING

Estimated payment $7,029/month

Total Views 1,084
6 Beds
4 Baths
2,366 Sq Ft
$464 Price per Sq Ft

Highlights

  • Gated Parking
  • Wood Flooring
  • No HOA
  • Long Beach Polytechnic High School Rated A
  • Main Floor Bedroom
  • Solar owned by seller

About This Home

Amazing opportunity for the savvy investor and would-be new homeowner! Located in the CRAFTSMAN VILLAGE HISTORIC DISTRICT, this iconic 3-unit property (with addresses 1524, 1526 and 1530) is comprised of two 1-bedroom/1-bath cottages and one two-story home that's 4-bedooms/2-baths on a spacious 6,975 SF lot. All are equipped with full bathrooms and tankless water heaters. Both the front and middle cottages come with mini-split HVAC systems and electric range/ovens. A solar energy system was added to the property in 2016. The middle cottage (1526) has a brand new roof that's barely days old. Per seller, roof age of the front cottage (1524) is around 10 years. The back house has a modern vibe with a homey feel. It's well-maintained, has a tastefully remodeled living area and kitchen and updated with Central A/C and Heating! One more big plus is the main floor bedroom and bathroom! A new roof was also installed around the year 2020. Property has a garage with 2 single doors. Coin-operated washer & dryer in the garage. Cottages will be delivered tenant-occupied and the back house will be delivered vacant. All in all, with a strong rental upside and many features, this 1524-1530 triplex will deliver positive benefits for the new property owner/investor. Sold in its present condition.

Listing Agent

Teresita Creedon

Century 21 Coastal Properties Brokerage Phone: 310-923-8085 License #01734294 Listed on: 11/09/2025

Century 21 Coastal Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1921 | Remodeled

Lot Details

  • 6,975 Sq Ft Lot
  • No Common Walls

Parking

  • 2 Car Garage
  • Parking Available
  • Two Garage Doors
  • Gated Parking

Home Design

  • Triplex
  • Entry on the 1st floor

Interior Spaces

  • 2,366 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Drapes & Rods
  • Living Room

Kitchen

  • Gas and Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Eco-Friendly Details

  • Solar owned by seller

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 3356
  • Assessor Parcel Number 7266001022
  • $712 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,200
  • Insurance Expense $3,600
  • Pest Control $400
  • Water Sewer Expense $1,200
  • New Taxes Expense $13,737
  • Operating Expense $20,137
  • Gross Income $89,400
  • Net Operating Income $69,263

Property Details

Home Type

Multi-Family

Year Built

Built in 1921 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Craftsman Village Historic District
  • Water Sewer Expenses: 1200.00
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 7266001022
  • Year Built: 1921
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Recessed Lighting
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Laminate, Wood
  • Appliances: Yes
  • Entry Level: 1
  • Price Per Square Foot: 464.50
  • Room Type: Kitchen, Living Room, Main Floor Bedroom
  • Window Features: Drapes

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Garage - Two Door, Gated
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas & Electric Range, Refrigerator, Tankless Water Heater
  • Electric: Photovoltaics Seller Owned
  • Heating Type: Central
  • Laundry Features: In Garage
  • Pest Control Expense: 400.00
  • Sewer: Unknown
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 6975.00
  • Lot Size Acres: 0.1601

Multi Family

  • Gross Income: 89400.00
  • Gross Scheduled Income: 88800.00
  • Insurance Expense: 3600.00
  • Laundry Income: 600.00
  • Lot Size Area: 6975.0000 Square Feet
  • Net Operating Income: 69263.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 3
  • Number With Dishwasher: 1
  • Number With Disposal: 3
  • Number With Range: 3
  • Number With Refrigerator: 2
  • Operating Expense: 20137.00
  • Rent Control: Yes
  • Total Actual Rent: 3800.00
  • Total Expenses: 20137.00

Tax Info

  • New Taxes Expense: 13737.00
  • Tax Area: 11933
  • Tax Lot: 5
  • Tax Tract Number: 3356
  • TaxOtherAnnualAssessmentAmount: 711.72

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 $15,041 $377,050 $162,129 $214,921
2024 $15,041 $369,657 $158,950 $210,707
2023 $14,949 $362,410 $155,834 $206,576
2022 $14,646 $355,305 $152,779 $202,526
2021 $14,536 $348,339 $149,784 $198,555
2020 $14,523 $344,769 $148,249 $196,520
2019 $14,469 $338,010 $145,343 $192,667
2018 $14,242 $331,384 $142,494 $188,890
2016 $4,150 $318,517 $136,961 $181,556
2015 $3,991 $313,733 $134,904 $178,829
2014 $3,978 $307,588 $132,262 $175,326
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/10/2025 11/10/25 Pending -- -- --
11/09/2025 11/09/25 For Sale $1,099,000 -- $464 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Grant Deed -- Fidelity National Title Co
Grant Deed $250,000 Fidelity National Title Co
Grant Deed $150,000 Provident Title
Corporate Deed -- United Title Company
Trustee Deed $171,400 American Title Co
Interfamily Deed Transfer -- Gateway Title Company
Grant Deed $162,000 Chicago Title Co
Grant Deed $29,009 Old Republic Title Company
Grant Deed -- Old Republic Title
Grant Deed $37,000 Old Republic Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $247,956 FHA
Previous Owner $186,900 No Value Available
Previous Owner $48,000 No Value Available
Previous Owner $158,231 FHA
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB25254937

California Regional Multiple Listing Service (CRMLS)

APN: 7266-001-022