$874,988

Estimated payment $5,774/month

Total Views 3,200
5 Beds
3 Baths
1,932 Sq Ft
$453 Price per Sq Ft

Highlights

  • Ductless Heating Or Cooling System
  • Laundry Room
  • Paved or Partially Paved Lot
  • Hughes Middle School Rated A-
  • Tile Flooring
  • Heating Available

About This Home

Three detached homes on one lot, offering excellent rental potential or the option to live in one unit while the other two generate income to offset your mortgage. Located just minutes from Memorial Hospital downtown Long Beach and the 405 Freeway, this property combines convenience with flexibility. Each unit has access to generous off-street parking, and the front home features a newer roof. Upgrades include new mini spilts in each unit, new electric panels and a new fence. Outside laundry for each unit, 3 gas and electric meters but one water meter. Prospective buyers are encouraged to independently verify all permit and zoning details with the City of Long Beach.Please respect tenant privacy—no showings or walkthroughs without prior arrangements. Drive-by viewings only.

Listing Agent

Costanza Genoese Zerbi

eXp Realty of Greater Los Angeles Brokerage Phone: 562-221-4527 License #01941438

eXp Realty of Greater Los Angeles

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,527

Year Built

  • Built in 1924

Lot Details

  • 7,560 Sq Ft Lot
  • No Common Walls
  • Paved or Partially Paved Lot

Parking

  • 7 Open Parking Spaces
  • 1 Car Garage

Home Design

  • Triplex

Interior Spaces

  • 1,932 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Utilities

  • Ductless Heating Or Cooling System
  • Heating Available

Listing and Financial Details

  • Legal Lot and Block 10 / 2
  • Tax Tract Number 11934
  • Assessor Parcel Number 7206023014
  • $705 per year additional tax assessments

Community Details

Overview

  • 3 Buildings
  • 3 Units
  • Wrigley Area Subdivision

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $900
  • Insurance Expense $2,901
  • Maintenance Expense $4,162
  • Pest Control $691
  • Professional Management Expense $3,636
  • Water Sewer Expense $969
  • Operating Expense $13,259
  • Gross Income $63,936
  • Net Operating Income $50,677

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,527

Year Built

Built in 1924

Lot Details

0

Parking

1

Listing Details

  • Price Per Unit: 291663
  • Professional Management Expense: 3636.00
  • Property Attached: No
  • Subdivision Name Other: Wrigley Area (WR)
  • Water Sewer Expenses: 969.00
  • Zoning: LBPD29
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Gardener Expense: 900.00
  • Parcel Number: 7206023014
  • Year Built: 1924
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Tile
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 452.89

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 7.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Ductless
  • Laundry Features: Inside
  • Pest Control Expense: 691.00
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ductless
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Paved
  • Lot Size Sq Ft: 7560.00
  • Lot Size Acres: 0.1736

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average1 Bed Area: 678 Square Feet
  • Average3 Bed Area: 836 Square Feet
  • Gross Income: 63936.00
  • Gross Operating Income: 63936.00
  • Gross Scheduled Income: 63936.00
  • Insurance Expense: 2901.00
  • Lot Size Area: 7560.0000 Square Feet
  • Maintenance Expense: 4162.00
  • Net Operating Income: 50677.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Number With Range: 3
  • Operating Expense: 13259.00
  • Rent Control: No
  • Total Expenses: 13259.00

Tax Info

  • Tax Block: 2
  • Tax Census Tract: 5722.02
  • Tax Lot: 10
  • Tax Tract Number: 11934
  • TaxOtherAnnualAssessmentAmount: 705.00

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
2024 $10,527 $790,704 $457,776 $332,928
2023 $10,351 $775,200 $448,800 $326,400
2022 $6,112 $456,279 $231,027 $225,252
2021 $5,984 $447,334 $226,498 $220,836
2020 $5,969 $442,748 $224,176 $218,572
2019 $5,900 $434,068 $219,781 $214,287
2018 $5,632 $425,558 $215,472 $210,086
2016 $5,184 $409,035 $207,106 $201,929
2015 $4,982 $402,892 $203,996 $198,896
2014 $4,960 $395,000 $200,000 $195,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2025 05/14/25 For Sale $874,988 +15.1% $453 / Sq Ft
01/07/2022 01/07/22 Sold $760,000 -7.3% $393 / Sq Ft
11/29/2021 11/29/21 Pending -- -- --
10/26/2021 10/26/21 Price Changed $819,900 -1.8% $424 / Sq Ft
09/03/2021 09/03/21 Price Changed $834,900 -1.7% $432 / Sq Ft
08/19/2021 08/19/21 For Sale $849,000 +114.9% $439 / Sq Ft
09/27/2013 09/27/13 Sold $395,000 +1.3% $204 / Sq Ft
09/07/2013 09/07/13 Pending -- -- --
08/22/2013 08/22/13 For Sale $389,900 0.0% $202 / Sq Ft
11/01/2012 11/01/12 Rented $1,700 -5.3% --
10/08/2012 10/08/12 Under Contract -- -- --
09/22/2012 09/22/12 For Rent $1,795 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $760,000 Stewart Title Of California In
Grant Deed -- None Available
Grant Deed $395,000 Chicago Title Company
Interfamily Deed Transfer -- None Available
Deed -- None Available
Grant Deed $300,000 Chicago Title Co
Interfamily Deed Transfer -- Diversified Title & Escrow
Interfamily Deed Transfer $288,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $478,500 New Conventional
Previous Owner $240,000 Purchase Money Mortgage
Closed $30,000 No Value Available
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW25102607

California Regional Multiple Listing Service (CRMLS)

APN: 7206-023-014