$3,000,000
SOLD APR 9, 2025

1721 E Appleton St Long Beach, CA 90802

North Alamitos Beach Neighborhood
3 Beds
3 Baths
8,946 Sq Ft
8,266 Sq Ft Lot

Recently Sold

$335 Per Sq Ft

8% Below List Price

54 Days on Market

Highlights

  • 0.19 Acre Lot
  • Laundry Room
  • Rectangular Lot
  • Long Beach Polytechnic High School Rated A

About This Home

As of April 2025

Located in the sought-after Alamitos Beach of Long Beach near Bixby Park. Value add property with approximately 33% in rental upside. This property offers a unit mix of (10) ten one-bedrooms and (2) two two-bedrooms. Pride of ownership offering a well-maintained property for new ownership. Recent renovations include copper plumbing and windows throughout. The property offers convenient laundry facility on site. The units themselves are well-appointed with gas cooking, electric heating, hardwood floors, and ceiling fans, and wall heaters ensuring a comfortable living environment. The building has a historically high tenant retention rate, due to its location in highly desirable North Alamitos Beach.

Last Agent to Sell the Property

Chris Walker

Triqor Group Brokerage Email: chris.walker@triqorgroup.com License #01905338 Listed on: 11/27/2024

Last Buyer's Agent

Chris Walker

Triqor Group Brokerage Email: chris.walker@triqorgroup.com License #01905338 Listed on: 11/27/2024

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Lot Details

  • 8,266 Sq Ft Lot
  • Two or More Common Walls
  • Rectangular Lot

Parking

  • 6 Car Garage

Home Design

  • Apartment
  • Entry on the 1st floor

Interior Spaces

  • 8,946 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 7275013029
  • Tax Block 129
  • $2,267 per year additional tax assessments

Community Details

Overview

  • 12 Units
  • Alamitos Beach Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 12 Separate Electric Meters
  • 12 Separate Gas Meters
  • 2 Separate Water Meters
  • Operating Expense $86,059
  • Gross Income $229,949
  • Net Operating Income $143,890

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

0

Parking

6

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Alamitos Beach (AB)
  • Zoning: LBR2N
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 7275013029
  • Year Built: 1957
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 335.35

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 6.00
  • Total Parking Spaces: 6.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 8266.00
  • Lot Size Acres: 0.1898

Multi Family

  • Gross Income: 229949.00
  • Gross Scheduled Income: 237061.00
  • Lot Size Area: 8266.0000 Square Feet
  • Net Operating Income: 143890.00
  • Number Of Separate Electric Meters: 12
  • Number Of Separate Gas Meters: 12
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 12
  • Operating Expense: 86059.00
  • Rent Control: Yes
  • Total Expenses: 86059.00

Tax Info

  • Tax Block: 129
  • Tax Census Tract: 5765.03
  • TaxOtherAnnualAssessmentAmount: 2267.00

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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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/09/2025 04/09/25 Sold $3,000,000 -7.7% $335 / Sq Ft
01/20/2025 01/20/25 Pending -- -- --
11/27/2024 11/27/24 For Sale $3,250,000 -- $363 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Chris Walker

    Seller's Agent in 2025

    Chris Walker

    Triqor Group

    (714) 801-0173

    2 in this area

    10 Total Sales

    Chris Walker
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24241198

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Long Beach 90802 North Alamitos Beach

1721 E Appleton St, Long Beach, CA

Sold

MultiFamily

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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