$989,900

Estimated payment $5,617/month

Total Views 8,649
7 Beds
4 Baths
2,667 Sq Ft
$371 Price per Sq Ft

Highlights

  • Traditional Architecture
  • No HOA
  • West Facing Home
  • Long Beach Polytechnic High School Rated A
  • Wrought Iron Fence
  • Wall Furnace

About This Home

WHAT A PHENOMENAL OPPORTUNITY TO BECOME THE OWNER OF THESE 4 UNITS IN THE CITY OF LONG BEACH. PROPERTY HAS A LOT OF POTENTIAL. 1) UNIT IS 3 BEDROOM, 1 BATH. 2) UNIT IS 2 BEDROOM, 1 BATH, 3) IS 1 BEDROOM, 1 BATH. 4) UNIT IS 1 BEDROOM 1 BATH. ALL UNITS ARE RENTED PROPERTY IS BEING SOLD WITH TENANTS IN. THIS PROPERTY JUST NEED A LITTLE BIT OF TLC ON THE EXTERIOR. THE INTERIOR OF THE PROPERTY IS IN GOOD CONDITION. PROPERTY IS CLOSE TO PUBLIC TRANSPORTATION AND EASY FREEWAY ACCESS.

Listing Agent

Rosa Villasenor

Century 21 Allstars Brokerage Phone: 562-371-5548 License #01053443 Listed on: 07/08/2025

Century 21 Allstars

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 5,579 Sq Ft Lot
  • Property fronts an alley
  • Two or More Common Walls
  • West Facing Home
  • Wrought Iron Fence
  • Back and Front Yard

Home Design

  • Traditional Architecture
  • Quadruplex
  • Entry on the 1st floor
  • Cosmetic Repairs Needed
  • Raised Foundation
  • Rolled or Hot Mop Roof
  • Stucco

Interior Spaces

  • 2,667 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Parking Available
  • Paved Parking
  • Assigned Parking

Utilities

  • Wall Furnace
  • Standard Electricity

Listing and Financial Details

  • Legal Lot and Block 4 / 2
  • Assessor Parcel Number 7269008004
  • $833 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $2,400
  • Water Sewer Expense $1,000
  • Operating Expense $14,400
  • Gross Income $80,400
  • Net Operating Income $68,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: UNK
  • View: No
  • Water Sewer Expenses: 1000.00
  • Zoning: LBR4R
  • Architectural Style: Traditional
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 7269008004
  • Year Built: 1923
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Appliances: No
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 371.17

Exterior Features

  • Direction Faces: West
  • Foundation: Raised
  • Fence: Yes
  • Fencing: Wrought Iron
  • Pool Private: No
  • Roof: Rolled/Hot Mop
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned, Concrete
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 5579.00
  • Lot Size Acres: 0.1281

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Average1 Bed Area: 698 Square Feet
  • Average2 Bed Area: 800 Square Feet
  • Gross Income: 80400.00
  • Gross Scheduled Income: 80400.00
  • Insurance Expense: 2400.00
  • Lot Size Area: 5579.0000 Square Feet
  • Net Operating Income: 68400.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 12000.00
  • Rent Control: No
  • Total Actual Rent: 6700.00
  • Total Expenses: 14400.00

Tax Info

  • Tax Block: 2
  • Tax Census Tract: 5754.02
  • Tax Lot: 4
  • Tax Tract Number: S12
  • TaxOtherAnnualAssessmentAmount: 833.00

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 $5,349 $369,152 $150,673 $218,479
2024 $5,349 $361,915 $147,719 $214,196
2023 $5,254 $354,820 $144,823 $209,997
2022 $4,951 $347,864 $141,984 $205,880
2021 $4,834 $341,044 $139,200 $201,844
2019 $4,766 $331,430 $135,072 $196,358
2018 $4,558 $324,942 $132,424 $192,518
2016 $4,192 $311,845 $127,283 $184,562
2015 $4,034 $307,162 $125,372 $181,790
2014 $4,027 $301,146 $122,917 $178,229
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/08/2025 07/08/25 For Sale $989,900 -- $371 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Deed -- None Listed On Document
Grant Deed -- None Listed On Document
Grant Deed $245,000 American Title Co
Gift Deed -- American Title
Grant Deed $136,000 First American Title Co
Trustee Deed $101,712 First Southwestern Title
Grant Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $242,997 No Value Available
Previous Owner $82,000 No Value Available
Closed $25,000 No Value Available
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW25152949

California Regional Multiple Listing Service (CRMLS)

APN: 7269-008-004