$760,000
SOLD JUN 24, 2025
4 Beds
3 Baths
1,231 Sq Ft
4,683 Sq Ft Lot

Recently Sold

$617 Per Sq Ft

4% Below List Price

123 Days on Market

Highlights

  • Guest House
  • Two Homes on a Lot
  • Accessible Parking
  • No HOA
  • Laundry Room
  • Central Heating and Cooling System

About This Home

As of June 2025

Live smart in Long Beach with this rare opportunity—delivered 100% vacant at close! The front home features 3 beds, 1 bath, natural light, charm, and move-in readiness. The rear unit is split into two all-electric studio spaces, ideal for rental income, guests, or offices—easily converted back to 1 bed/1 bath if desired. Separate electric meters; shared water and gas. Photos digitally staged to help visualize the potential. Perfect for house hacking, extended family, or investment. Located near downtown, the beach, shops, and transit. Motivated seller—don’t miss this flexible, income-producing property! Make Your Move Before Summer!

Last Agent to Sell the Property

Veronica Recinos

Monton Real Estate Investment & Development Co. Brokerage Phone: 562-415-6105 License #01838401 Listed on: 01/31/2025

Last Buyer's Agent

Ramon Acosta

Circle Real Estate License #02084368

Circle Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925 | Remodeled

Lot Details

  • 4,683 Sq Ft Lot
  • No Common Walls
  • Wrought Iron Fence
  • Fence is in average condition
  • Density is 2-5 Units/Acre

Home Design

  • Duplex
  • Entry on the 1st floor
  • Cosmetic Repairs Needed
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,231 Sq Ft Home
  • 1-Story Property
  • Entryway
  • Family Room
  • Laminate Flooring
  • Gas Oven
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 4 Open Parking Spaces
  • 8 Parking Spaces
  • 4 Carport Spaces
  • Parking Available
  • Driveway

Additional Homes

  • Two Homes on a Lot
  • Guest House

Utilities

  • Central Heating and Cooling System
  • 220 Volts

Additional Features

  • Accessible Parking
  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 8
  • Tax Tract Number 7550
  • Assessor Parcel Number 7118013019
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units
  • North Long Beach Subdivision

Amenities

  • Laundry Facilities

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $100
  • Trash Expense $100
  • Water Sewer Expense $100
  • Operating Expense $3,600
  • Gross Income $51,120
  • Net Operating Income $3,600

Property Details

Home Type

Multi-Family

Year Built

Built in 1925 | Remodeled

Lot Details

0

Listing Details

  • CapRate: 6.47
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Bixby Knolls (BK)
  • View: No
  • Water Sewer Expenses: 100.00
  • Property Condition: Repairs Cosmetic, Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7118013019
  • Year Built: 1925
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Accessibility Features: Parking
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 617.38
  • Room Type: All Bedrooms Down, Entry, Family Room

Exterior Features

  • Other Structures: Guest House, Two On A Lot
  • Exterior Features: Lighting
  • Fence: Yes
  • Fencing: Average Condition, Wrought Iron
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Carport Spaces: 4.00
  • Parking: Yes
  • Parking Features: Carport, Driveway
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Other, Sewer Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven
  • Electric: 220 Volts
  • Heating Type: Central
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 100.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 4683.00
  • Lot Size Acres: 0.1075

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average1 Bed Area: 345 Square Feet
  • Average3 Bed Area: 886 Square Feet
  • Gross Income: 51120.00
  • Gross Multiplier: 4260.00
  • Gross Scheduled Income: 57600.00
  • Insurance Expense: 100.00
  • Lot Size Area: 4683.0000 Square Feet
  • Net Operating Income: 3600.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 3600.00
  • Rent Control: No
  • Total Actual Rent: 57600.00
  • Total Expenses: 3600.00
  • Vacancy Allowance Rate: 5.00

Tax Info

  • Tax Lot: 8
  • Tax Tract Number: 7550

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2025
Closed on
Jun 12, 2025
Sold by
Revocable Trust Of Steven Jared Suri and Suri Steven Jared
Bought by
Cadeza Raymundo Sanchez
Seller's Agent
Veronica Recinos
Monton Real Estate Investment & Development Co.
Buyer's Agent
Ramon Acosta
Circle Real Estate
List Price
$790,000
Sold Price
$760,000
Premium/Discount to List
-$30,000
-3.8%
Views
240
Current Estimated Value
$755,119

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,881
Avg. Annual Appreciation
-1.26%
Original Mortgage
$760,000
Outstanding Balance
$758,030
Interest Rate
6.76%
Mortgage Type
VA
Estimated Equity
-$2,911

Purchase Details

Closed on
Dec 18, 2017
Sold by
Suri Steven Jared
Bought by
Suri Steven Jared and The Revocable Trust Of Steven

Purchase Details

Closed on
Sep 14, 2017
Sold by
Juarez Maria and Juarez Lidia
Bought by
Suri Steven Jared

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,500
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 24, 2013
Sold by
Chavez Chris
Bought by
Juarez Mario and Juarez Lidia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,841
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 25, 2013
Sold by
Ortiz Pattie Lee
Bought by
Chavez Chris

Purchase Details

Closed on
Jan 16, 2013
Sold by
Smith Belinda
Bought by
Chavez Chris

Purchase Details

Closed on
Jun 18, 2007
Sold by
Camacho Roberto
Bought by
Smith Belinda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$409,600
Interest Rate
7.35%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Nov 3, 2003
Sold by
Valdelamar Felix and Valdelamar Martha
Bought by
Camacho Roberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 6, 2002
Sold by
Muniz Carlos G
Bought by
Valdelamar Felix and Valdelamar Martha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
7.13%

Purchase Details

Closed on
Mar 30, 2001
Sold by
Delosangeles Torres Mariano and Delosangeles Soto Maria
Bought by
Muniz Carlos G

Purchase Details

Closed on
Jun 22, 1996
Sold by
Muniz Carlos G and Torres Mariano
Bought by
Delosangeles Torres Mariano and Delosangeles Soto Maria

Purchase Details

Closed on
Apr 3, 1995
Sold by
Moore Jason
Bought by
Muniz Carlos G and Torres Mariano

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,166
Interest Rate
8.32%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 17, 1995
Sold by
Burgara Lucy Solano
Bought by
Moore Jason

Purchase Details

Closed on
Sep 29, 1994
Sold by
Bankers Trust Co Of Ca Na
Bought by
Burgara Lucy Solano

Purchase Details

Closed on
Jul 18, 1994
Sold by
Town & Country Title Services Inc
Bought by
Bankers Trust Company

Purchase Details

Closed on
May 11, 1994
Sold by
Windsor Management Co
Bought by
Aames Home Loan
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $760,000 Usa National Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $450,000 Usa National Title Co
Grant Deed $343,000 Wfg Title Company Of Ca
Interfamily Deed Transfer -- None Available
Grant Deed $240,000 None Available
Grant Deed $512,000 First American Title Co
Grant Deed $320,000 Commonwealth Land Title Co
Grant Deed $320,000 Commonwealth Land Title Co
Grant Deed $188,000 American Title Co
Grant Deed -- --
Gift Deed -- --
Grant Deed $122,000 Investors Title Company
Grant Deed $65,000 --
Grant Deed $65,000 Southern California Title Co
Trustee Deed $80,488 Southern California Title Co
Trustee Deed $17,242 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $760,000 VA
Previous Owner $382,500 New Conventional
Previous Owner $333,841 FHA
Previous Owner $409,600 Stand Alone First
Previous Owner $295,000 Purchase Money Mortgage
Previous Owner $152,000 No Value Available
Previous Owner $121,166 FHA
Closed $38,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/24/2025 06/24/25 Sold $760,000 +5.6% $617 / Sq Ft
06/03/2025 06/03/25 Pending -- -- --
05/12/2025 05/12/25 Price Changed $720,000 -4.0% $585 / Sq Ft
04/02/2025 04/02/25 Price Changed $750,000 -2.6% $609 / Sq Ft
03/17/2025 03/17/25 Price Changed $770,000 -2.5% $626 / Sq Ft
02/23/2025 02/23/25 For Sale $790,000 0.0% $642 / Sq Ft
02/22/2025 02/22/25 Pending -- -- --
01/31/2025 01/31/25 For Sale $790,000 +130.3% $642 / Sq Ft
11/01/2013 11/01/13 Sold $343,000 -1.7% $279 / Sq Ft View Prior Sale
07/17/2013 07/17/13 Pending -- -- --
05/21/2013 05/21/13 For Sale $349,000 -- $284 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

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 $6,667 $512,017 $284,454 $227,563
2024 $6,667 $501,978 $278,877 $223,101
2023 $6,554 $492,136 $273,409 $218,727
2022 $6,156 $482,488 $268,049 $214,439
2021 $6,033 $473,029 $262,794 $210,235
2020 $6,017 $468,180 $260,100 $208,080
2019 $5,947 $459,000 $255,000 $204,000
2018 $5,748 $450,000 $250,000 $200,000
2016 $4,397 $355,186 $176,040 $179,146
2015 $4,222 $349,852 $173,396 $176,456
2014 $4,199 $343,000 $170,000 $173,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW25020428

California Regional Multiple Listing Service (CRMLS)

APN: 7118-013-019