2122 E 10th St Long Beach, CA 90804
Hellman NeighborhoodEstimated payment $9,832/month
Highlights
- Outdoor Fireplace
- No HOA
- Paved or Partially Paved Lot
- Woodrow Wilson High School Rated A
- Laundry Room
- Wall Furnace
About This Home
Welcome to this exceptional investment opportunity, a remodeled fourplex offering a diverse mix of unit sizes and strong rental income potential. Renovated in 2021, the property combines modern updates with impressive cash flow, making it an ideal choice for both seasoned investors and owner-occupants seeking to offset their mortgage with rental income. The fourplex features a one-bedroom, one-bath unit with 559 square feet of comfortable living space, a spacious four-bedroom, two-bath unit with 1,080 square feet and its own garage, a three-bedroom, two-bath unit with 1,094 square feet and garage access, and a three-bedroom, one-bath unit with 915 square feet. This well-balanced variety of layouts appeals to a wide range of tenants, maximizing occupancy and rental demand. Currently generating an impressive annual gross income of approximately $132,000, the property delivers reliable returns with room for further growth. With one unit vacant, buyers may qualify for FHA financing or take advantage of owner-occupant opportunities, allowing favorable terms while benefiting from immediate rental income from the remaining tenants. The remodel completed in 2021 included thoughtful updates designed to enhance comfort, durability, and long-term value, reducing the need for significant near-term improvements. From its strong rental history to its desirable unit mix and updated condition, this fourplex is a rare find in today’s market. Whether you are looking to expand your investment portfolio with a high-yield, low-vacancy property or secure a home that pays for itself through rental income, this opportunity checks all the boxes.
Listing Agent
Charlene Hoang
Redfin Corporation License #01975534 Listed on: 09/16/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1963
Lot Details
- 3,250 Sq Ft Lot
- Two or More Common Walls
- Paved or Partially Paved Lot
- Density is 2-5 Units/Acre
Parking
- 2 Open Parking Spaces
- 2 Car Garage
Home Design
- Quadruplex
- Entry on the 1st floor
Interior Spaces
- 3,658 Sq Ft Home
- 2-Story Property
- Fireplace
- Laminate Flooring
Bedrooms and Bathrooms
- 11 Bedrooms
- 6 Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
Outdoor Features
- Outdoor Fireplace
- Exterior Lighting
Utilities
- Wall Furnace
- No Utilities
Listing and Financial Details
- Tax Lot 1
- Tax Tract Number 576
- Assessor Parcel Number 7262010002
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 4 Units
- Junipero Gardens Subdivision
Building Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,300
- Other Expense $16,631
- Trash Expense $2,640
- Water Sewer Expense $1,824
- Operating Expense $22,395
- Gross Income $132,000
- Net Operating Income $109,605
Map
Home Values in the Area
Average Home Value in this Area
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 | $17,392 | $1,277,268 | $432,972 | $844,296 |
| 2024 | $16,632 | $1,252,225 | $424,483 | $827,742 |
| 2023 | $16,345 | $1,227,672 | $416,160 | $811,512 |
| 2022 | $15,345 | $1,203,600 | $408,000 | $795,600 |
| 2021 | $11,444 | $879,203 | $482,490 | $396,713 |
| 2020 | $11,415 | $870,609 | $477,543 | $393,066 |
| 2019 | $11,280 | $853,548 | $468,180 | $385,368 |
| 2018 | $10,977 | $836,820 | $459,000 | $377,820 |
| 2016 | $5,226 | $382,481 | $101,395 | $281,086 |
| 2015 | $5,031 | $376,736 | $99,872 | $276,864 |
| 2014 | $5,012 | $369,357 | $97,916 | $271,441 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/16/2025 09/16/25 | For Sale | $1,599,999 | +35.6% | $437 / Sq Ft | |
| 04/20/2021 04/20/21 | Sold | $1,180,000 | -1.7% | $323 / Sq Ft | View Prior Sale |
| 01/13/2021 01/13/21 | For Sale | $1,199,990 | +46.3% | $328 / Sq Ft | |
| 02/22/2017 02/22/17 | Sold | $820,000 | -1.2% | $224 / Sq Ft | View Prior Sale |
| 01/13/2017 01/13/17 | Pending | -- | -- | -- | |
| 01/08/2017 01/08/17 | For Sale | $830,000 | +12.2% | $227 / Sq Ft | |
| 09/07/2016 09/07/16 | Sold | $740,000 | -1.3% | $202 / Sq Ft | View Prior Sale |
| 07/28/2016 07/28/16 | Pending | -- | -- | -- | |
| 07/16/2016 07/16/16 | Price Changed | $750,000 | -9.1% | $205 / Sq Ft | |
| 06/02/2016 06/02/16 | For Sale | $825,000 | -- | $226 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | First American Title | |
| Grant Deed | $820,000 | First American Title | |
| Grant Deed | $740,000 | Ticor Title Co | |
| Interfamily Deed Transfer | -- | First American Title Co | |
| Interfamily Deed Transfer | -- | First American Title Co | |
| Interfamily Deed Transfer | -- | -- | |
| Grant Deed | $292,500 | North American Title Co | |
| Gift Deed | -- | North American Title Co | |
| Interfamily Deed Transfer | -- | -- | |
| Grant Deed | $10,000 | -- | |
| Grant Deed | -- | American Title Co | |
| Grant Deed | $147,500 | Benefit Land Title | |
| Interfamily Deed Transfer | -- | Benefit Land Title | |
| Trustee Deed | $152,000 | Benefit Land Title Ins Co | |
| Grant Deed | $165,000 | Commonwealth Land Title Co | |
| Grant Deed | $315,000 | Commonwealth Land Title Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $783,475 | FHA | |
| Previous Owner | $540,000 | Commercial | |
| Previous Owner | $250,000 | Commercial | |
| Previous Owner | $234,000 | Commercial | |
| Previous Owner | $175,000 | Seller Take Back | |
| Previous Owner | $160,000 | Commercial | |
| Previous Owner | $300,888 | FHA | |
| Closed | $29,250 | No Value Available |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PF25218738
APN: 7262-010-002
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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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