$1,049,000
UNDER CONTRACT

Estimated payment $6,664/month

Total Views 12,096
2 Beds
2 Baths
1,728 Sq Ft
$607 Price per Sq Ft

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Balcony
  • Long Beach Polytechnic High School Rated A
  • Granite Countertops
  • 3-minute walk to Miracle On Fourth Street Park

About This Home

Discover a charming and turn-key duplex in the heart of Long Beach! This beautifully maintained property has many updated features with two large 1-bedroom, 1-bath units each with an additional bonus room, perfect for a home office, nursery, or spacious walk-in closet. Both units have stackable washer/dryer for added convenience. The upper unit enjoys a large private balcony off the back plus a smaller front balcony, while the lower unit offers a generous fenced patio for outdoor entertaining. The upstairs unit features a modern kitchen, updated bath, wood shutters throughout, wood floors, smart recessed lights and a bright inviting interior. The downstairs unit features a gas fireplace, wood floors, kitchen with stone counters and tiled floor. The bathroom is updated with newer vanity, tiled shower and tub. A detached 1-car garage and additional driveway parking add convenience. Ideal for an investor or owner-occupant, this property offers strong rental potential and easy access to Retro Row, Alamitos Beach, Downtown Long Beach, and major freeways. A rare opportunity to own a stylish income property in a highly desirable neighborhood, live in one and rent the other, or enjoy steady cash flow from both!

Listing Agent

Loree Swanenburg

Real Brokerage Technologies Brokerage Phone: 562-225-6023 License #01961623 Listed on: 12/03/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 2,562 Sq Ft Lot
  • No Common Walls
  • No Landscaping

Parking

  • 2 Open Parking Spaces
  • 1 Car Garage

Home Design

  • Duplex
  • Traditional Architecture
  • Entry on the 1st floor
  • Composition Roof
  • Copper Plumbing

Interior Spaces

  • 1,728 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Living Room with Fireplace

Kitchen

  • Gas Range
  • Range Hood
  • Freezer
  • Granite Countertops
  • Quartz Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Outdoor Features

  • Balcony
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Floor Furnace
  • 220 Volts in Garage
  • Natural Gas Connected
  • Water Heater
  • Cable TV Available

Additional Features

  • Accessible Parking
  • Suburban Location

Listing and Financial Details

  • Legal Lot and Block 5 / B
  • Tax Tract Number 1
  • Assessor Parcel Number 7275015018
  • $424 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • 2 Units
  • Alamitos Beach Subdivision

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Fuel Expense $600
  • Insurance Expense $2,000
  • Trash Expense $720
  • Water Sewer Expense $1,320
  • Operating Expense $2,040
  • Gross Income $66,600
  • Net Operating Income $62,560

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • CapRate: 6.00
  • Inclusions: All appliances
  • Property Attached: No
  • Subdivision Name Other: Alamitos Beach (AB)
  • Water Sewer Expenses: 1320.00
  • Architectural Style: Traditional
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7275015018
  • Year Built: 1923
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: UnderContract

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Balcony, Ceiling Fan(s), Copper Plumbing Full, Granite Counters, Quartz Counters
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Accessibility Features: Parking
  • Appliances: Yes
  • Entry Level: 1
  • Fireplace Features: Living Room, Gas
  • Levels: Two
  • Price Per Square Foot: 607.06
  • Room Type: Kitchen, Living Room, Walk-In Closet

Exterior Features

  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Freezer, Gas Range, Range Hood, Refrigerator, Water Heater
  • Electric: 220 Volts in Garage, Electricity - On Property, Standard
  • Heating Type: Floor Furnace
  • Laundry Features: Inside, Stackable
  • Sewer: Public Sewer
  • Trash Expense: 720.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Gutters, Sidewalks, Storm Drains, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: No Landscaping
  • Lot Size Sq Ft: 2562.00
  • Lot Size Acres: 0.0588

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Fuel Expense: 600.00
  • Gross Income: 66600.00
  • Gross Multiplier: 15.75
  • Gross Operating Income: 66600.00
  • Gross Scheduled Income: 66600.00
  • Insurance Expense: 2000.00
  • Lot Size Area: 2562.0000 Square Feet
  • Net Operating Income: 62560.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Disposal: 2
  • Number With Patio: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 4040.00
  • Other Income1: 150.00
  • Other Income Description: Driveway rent
  • Rent Control: Yes
  • Total Actual Rent: 2850.00
  • Total Expenses: 2040.00

Tax Info

  • Tax Block: B
  • Tax Lot: 5
  • Tax Tract Number: 1
  • TaxOtherAnnualAssessmentAmount: 424.00

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 $13,820 $1,100,895 $782,109 $318,786
2024 $13,820 $1,079,310 $766,774 $312,536
2023 $13,590 $1,058,148 $751,740 $306,408
2022 $8,981 $720,711 $546,823 $173,888
2021 $8,803 $706,580 $536,101 $170,479
2019 $8,677 $685,623 $520,200 $165,423
2018 $8,448 $672,180 $510,000 $162,180
2016 $2,125 $157,797 $90,363 $67,434
2015 $2,045 $155,428 $89,006 $66,422
2014 $2,041 $152,384 $87,263 $65,121
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/03/2025 12/03/25 For Sale $1,049,000 +1.1% $607 / Sq Ft
06/03/2022 06/03/22 Sold $1,037,400 +3.8% $600 / Sq Ft View Prior Sale
04/13/2022 04/13/22 Pending -- -- --
03/12/2022 03/12/22 Price Changed $999,900 -9.1% $579 / Sq Ft
02/20/2022 02/20/22 Price Changed $1,099,900 -4.3% $637 / Sq Ft
10/14/2021 10/14/21 Price Changed $1,149,900 -2.1% $665 / Sq Ft
07/24/2021 07/24/21 For Sale $1,175,000 +78.3% $680 / Sq Ft
10/24/2016 10/24/16 Sold $659,000 0.0% $381 / Sq Ft View Prior Sale
09/03/2016 09/03/16 Pending -- -- --
08/23/2016 08/23/16 For Sale $659,000 0.0% $381 / Sq Ft
07/22/2016 07/22/16 Pending -- -- --
07/05/2016 07/05/16 For Sale $659,000 -- $381 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Fidelity National Title Co
Grant Deed $659,000 Fidelity National Title Co
Interfamily Deed Transfer -- None Available
Grant Deed $117,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $619,657 FHA
Previous Owner $116,462 FHA
Source: Public Records

About the Listing Agent

Loree Swanenburg

Real Brokerage Technologies

(562) 669-2436

Section Image

Loree Swanenburg, an experienced Orange and Los Angeles County REALTOR®, has closed more than $110 million in sales across 120+ transactions since 2014. Affiliated with The RECollective, Loree is a Probate & Trust Specialist and Certified Negotiator who helps families sell inherited, estate, and residential properties throughout Southern California. As a Director for Pacific West REALTORS® (PWR) and the California Association of REALTORS® (CAR), she upholds the highest standards of

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW25264800

California Regional Multiple Listing Service (CRMLS)

APN: 7275-015-018