$1,825,000
$125K PRICE DROP

Estimated payment $10,842/month

Total Views 3,864
8 Beds
4 Baths
3,512 Sq Ft
$520 Price per Sq Ft

Highlights

  • Golf Course Community
  • Ocean Side of Freeway
  • Dual Staircase
  • Long Beach Polytechnic High School Rated A
  • 0.09 Acre Lot
  • Traditional Architecture

About This Home

Welcome to this newly upgraded 4-plex building located in the highly sought after community of Alamitos Beach. Just four blocks from the ocean, and easy access to some of Long Beach's best outdoor living spaces, this asset is a must see!

It offers many contemporary finishes to the kitchens and bathrooms, premium flooring, fresh paint, and independent laundry facilities for each unit. The residents seem quite content with the ability to manage their own utilities because this building is metered with independent gas and electric for each unit. With it’s close proximity to some of the best restaurants and shops throughout the city this great asset remains competitive in the thriving rental market. Long Beach’s billion-dollar infrastructure upgrades, including re-paving of the local streets, building new residential and commercial real estate projects, re-building bridges, and continued growth of the Port of Long Beach, ensure a stable economic draw to the area. Thus creating the perfect opportunity of building equity.

Listing Agent

Jessica Fine

Compass Brokerage Phone: 310-614-6773 License #02228321 Listed on: 06/12/2025

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,412

Year Built

  • Built in 1920

Lot Details

  • 4,120 Sq Ft Lot
  • No Common Walls
  • Security Fence
  • Privacy Fence
  • Wood Fence
  • Redwood Fence
  • New Fence
  • Density is 2-5 Units/Acre

Home Design

  • Quadruplex
  • Traditional Architecture
  • Spanish Architecture
  • Entry on the 1st floor
  • Pillar, Post or Pier Foundation
  • Raised Foundation
  • Fire Rated Drywall
  • Shingle Roof
  • Composition Roof
  • Asphalt Roof
  • Partial Copper Plumbing
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 3,512 Sq Ft Home
  • 2-Story Property
  • Dual Staircase
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Decorative Fireplace
  • Awning
  • Wood Frame Window
  • Panel Doors
  • Living Room
  • Storage

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Free-Standing Range
  • Granite Countertops
  • Corian Countertops
  • Formica Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 3 Car Garage
  • 3 Open Parking Spaces
  • Parking Available
  • Driveway

Accessible Home Design

  • Doors swing in
  • Low Pile Carpeting

Outdoor Features

  • Ocean Side of Freeway
  • Living Room Balcony
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Gas Water Heater
  • Central Water Heater
  • Phone Connected
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 6
  • Tax Tract Number 103
  • Assessor Parcel Number 7275012006
  • Seller Considering Concessions

Community Details

Overview

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

Recreation

  • Golf Course Community
  • Park
  • Dog Park
  • Water Sports
  • Bike Trail

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Gardener Expense $2,250
  • Insurance Expense $9,500
  • Pest Control $900
  • Professional Management Expense $8,500
  • Trash Expense $1,800
  • Operating Expense $23,250
  • Net Operating Income $81,870

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,412

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Other Phone Description: 3106146773
  • Price Per Unit: 456250
  • Professional Management Expense: 8500.00
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Smoke Detector(s)
  • Subdivision Name Other: Alamitos Beach (AB)
  • View: No
  • Architectural Style: Spanish, Traditional
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 2250.00
  • Parcel Number: 7275012006
  • Year Built: 1920
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: 2 Staircases, Balcony, Ceiling Fan(s), Copper Plumbing Partial, Corian Counters, Crown Molding, Formica Counters, Granite Counters, Living Room Balcony, Recessed Lighting, Storage
  • Stories: 2
  • Entry Location: first floor
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate, Tile, Wood
  • Accessibility Features: Doors - Swing In, Low Pile Carpeting
  • Appliances: Yes
  • Door Features: Panel Doors
  • Entry Level: 1
  • Fireplace Features: Decorative
  • Price Per Square Foot: 519.65
  • Room Type: Kitchen, Laundry, Living Room, Primary Bathroom
  • Window Features: Wood Frames

Exterior Features

  • Foundation: Concrete Perimeter, Pillar/Post/Pier, Raised
  • Exterior Features: Awning(s), Rain Gutters
  • Fence: Yes
  • Fencing: Excellent Condition, New Condition, Privacy, Redwood, Security, Wood
  • Pool Private: No
  • Roof: Asphalt, Composition, Shingle
  • Spa: No
  • Construction Materials: Drywall Walls, Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 3.00

Utilities

  • Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Phone Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Free-Standing Range, Disposal, Gas Oven, Gas Range, Gas Cooktop, Gas Water Heater, Refrigerator, Water Heater Central
  • Heating Type: Wall Furnace
  • Laundry Features: Dryer Included, Gas Dryer Hookup, Individual Room, Inside, Washer Hookup, Washer Included
  • Pest Control Expense: 900.00
  • Sewer: Public Sewer
  • Trash Expense: 1800.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Dog Park, Golf, Gutters, Park, Watersports, Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 4120.00
  • Lot Size Acres: 0.0946

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Sewer, Trash Collection

Multi Family

  • Average2 Bed Area: 878 Square Feet
  • Gross Scheduled Income: 105120.00
  • Insurance Expense: 9500.00
  • Lot Size Area: 4120.0000 Square Feet
  • Net Operating Income: 81870.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 23250.00
  • Rent Control: No
  • Total Expenses: 23250.00
  • Waterfront Features: Ocean Side of Freeway

Tax Info

  • Tax Lot: 6
  • Tax Tract Number: 103

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 $13,412 $1,032,916 $464,232 $568,684
2024 $13,412 $1,012,664 $455,130 $557,534
2023 $13,185 $992,808 $446,206 $546,602
2022 $12,380 $973,342 $437,457 $535,885
2021 $12,125 $954,258 $428,880 $525,378
2019 $11,952 $925,956 $416,160 $509,796
2018 $11,618 $907,800 $408,000 $499,800
2016 $4,668 $352,251 $105,938 $246,313
2015 $4,491 $346,961 $104,347 $242,614
2014 $4,479 $340,165 $102,303 $237,862
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2025 08/20/25 Price Changed $1,825,000 -6.4% $520 / Sq Ft
06/12/2025 06/12/25 For Sale $1,950,000 +119.1% $555 / Sq Ft
08/09/2016 08/09/16 Sold $890,000 -6.2% $269 / Sq Ft
06/10/2016 06/10/16 Pending -- -- --
04/21/2016 04/21/16 For Sale $949,000 -- $287 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $890,000 Old Republic Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Grant Deed $266,000 Chicago Title
Grant Deed -- American Title Co
Grant Deed -- American Title Co
Interfamily Deed Transfer -- Investors Title
Grant Deed $140,000 Investors Title
Trustee Deed $209,302 Stewart Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $705,250 New Conventional
Previous Owner $623,000 New Conventional
Previous Owner $208,520 New Conventional
Previous Owner $264,000 Unknown
Previous Owner $212,800 No Value Available
Previous Owner $150,000 No Value Available
Closed $26,600 No Value Available
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB25131049

California Regional Multiple Listing Service (CRMLS)

APN: 7275-012-006