$1,135,000
SOLD SEP 26, 2025
5 Beds
4 Baths
2,695 Sq Ft
6,263 Sq Ft Lot

Recently Sold

$421 Per Sq Ft

3% Below List Price

4 Days on Market

Highlights

  • Laundry Room
  • Central Heating
  • 1-Story Property
  • Long Beach Polytechnic High School Rated A
  • 5 Car Garage

About This Home

As of September 2025

7.69% Cap Rate! With Still An Opportunity To Grow. Add This High Performing Multi Family Property To Your Investment Portfolio. With (3) 1 Bedroom 1 Bath, (1) 2 Bedroom 1 Bath and (1) 2 Bedroom 2 Bath Units. Along With 5 Single Garages With Alley Access. Makes It Convenient For Tenants To Come And Go. Coin Operated Laundry. Many Upgrades Have Been Done To The Property With A Newer Roof, Upgraded Electrical Panel And Upgrades Inside The Units. The Property Also Has A Long Driveway For Additional Parking. Centrally Located To Metro Blue Line, 710 Freeway, Shopping, Restaurants And Much More. You're Not Going To Want To Miss Out On This Golden Opportunity.

Last Agent to Sell the Property

Jorge Mora

Keller Williams Pacific Estate Brokerage Email: jorge@themorarealtygroup.com License #01365167 Listed on: 08/12/2025

Keller Williams Pacific Estate

Last Buyer's Agent

Miguel Belmonte

Century 21 Allstars License #01047933

Century 21 Allstars

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 6,263 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 5 Car Garage
  • 5 Open Parking Spaces
  • Parking Available

Home Design

  • Property Attached
  • Entry on the 1st floor
  • Shingle Roof

Interior Spaces

  • 2,695 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Utilities

  • Central Heating

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Legal Lot and Block 11 / C
  • Tax Tract Number 1
  • Assessor Parcel Number 7208025011
  • $1,927 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • 3 Buildings
  • 5 Units
  • Wrigley Area Subdivision

Amenities

  • Laundry Facilities

Building Details

  • 5 Leased Units
  • Rent Control
  • 6 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Electric Expense $200
  • Insurance Expense $240
  • Trash Expense $85
  • Water Sewer Expense $100
  • Operating Expense $2,165
  • Gross Income $117,820
  • Net Operating Income $56,320

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Parking

5

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Subdivision Name Other: Wrigley Area (WR)
  • Water Sewer Expenses: 100.00
  • Zoning: LBR2N
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 7208025011
  • Year Built: 1920
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 421.15

Exterior Features

  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 10.00
  • Uncovered Spaces: 5.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 85.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6263.00
  • Lot Size Acres: 0.1438

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Electric Expense: 200.00
  • Gross Income: 117820.00
  • Gross Scheduled Income: 117820.00
  • Insurance Expense: 240.00
  • Laundry Equipment Own Lease: Lease
  • Laundry Income: 1200.00
  • Lot Size Area: 6263.0000 Square Feet
  • Net Operating Income: 56320.00
  • Number Of Rented Garages: 5
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Leased: 5
  • Number Of Units Total: 5
  • Operating Expense: 60500.00
  • Rent Control: Yes
  • Total Actual Rent: 9735.00
  • Total Expenses: 2165.00

Tax Info

  • Tax Block: C
  • Tax Census Tract: 5730.02
  • Tax Lot: 11
  • Tax Tract Number: 1
  • TaxOtherAnnualAssessmentAmount: 1927.00

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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Average Value
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List 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 Prior Sale
09/26/2025 09/26/25 Sold $1,135,000 -3.0% $421 / Sq Ft
08/12/2025 08/12/25 For Sale $1,170,000 +168.3% $434 / Sq Ft
06/26/2015 06/26/15 Sold $436,000 -6.2% $258 / Sq Ft View Prior Sale
04/14/2015 04/14/15 Pending -- -- --
04/10/2015 04/10/15 For Sale $465,000 -- $276 / 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 $18,847 $1,385,511 $649,458 $736,053
2024 $18,847 $1,358,345 $636,724 $721,621
2023 $18,500 $1,331,712 $624,240 $707,472
2022 $17,382 $1,305,600 $612,000 $693,600
2021 $8,602 $574,168 $222,063 $352,105
2020 $8,582 $568,502 $219,787 $348,715
2019 $7,403 $469,960 $215,478 $254,482
2018 $6,248 $460,750 $211,253 $249,497
2016 $5,765 $442,649 $203,050 $239,599
2015 $5,116 $397,671 $216,912 $180,759
2014 -- $389,882 $212,663 $177,219
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW25181530

California Regional Multiple Listing Service (CRMLS)