$1,450,000
SOLD DEC 4, 2025
6 Beds
5 Baths
3,083 Sq Ft
4,041 Sq Ft Lot

Recently Sold

$470 Per Sq Ft

9% Below List Price

65 Days on Market

Highlights

  • Golf Course Community
  • New Construction
  • Park
  • Long Beach Polytechnic High School Rated A
  • No HOA
  • Laundry Room

About This Home

As of December 2025

Update 10.30.25: Price Adjustment! Priced to sell! This property is situated in a nice and quiet pocket and features two modern duplexes offering a total of four units. The rear duplex is brand-new 2025 construction, and the front duplex is a fully remodeled two-story building. All units are turnkey with in-unit laundry, efficient mini-split heating and cooling, and upgraded systems throughout. The property includes a 400A electrical service, with the rear duplex fully electric for improved efficiency and lower utility costs. Landlord is only responsible for paying water, tenants pay the remaining utilities.
Both buildings have been completely updated with new plumbing, electrical, kitchens, bathrooms, and HVAC systems, offering stable and reliable income while hedging against AB1482 statewide rent control.

Last Agent to Sell the Property

Daniel Gomez

Younglewin Advisors, Inc. Brokerage Phone: 562-266-7629 License #02081392 Listed on: 09/22/2025

Co-Listed By

Shane young

Younglewin Advisors, Inc. Brokerage Phone: 562-266-7629 License #01963090

Last Buyer's Agent

Alex Rubow

Douglas Elliman of California - Corona Del Mar License #02094757

Douglas Elliman of California - Corona Del Mar

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,326

Year Built

  • Built in 2025 | New Construction

Lot Details

  • 4,041 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Home Design

  • Quadruplex
  • Entry on the 1st floor

Interior Spaces

  • 3,083 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Parking Available
  • Assigned Parking

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection
  • Tax Lot 12
  • Assessor Parcel Number 7205019012
  • $20,326 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units
  • Wrigley Area Subdivision

Recreation

  • Golf Course Community
  • Park
  • Dog Park
  • Bike Trail

Building Details

  • 3 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 2 Separate Water Meters
  • Gardener Expense $1,200
  • Insurance Expense $3,801
  • Maintenance Expense $1,000
  • Other Expense $1,320
  • Water Sewer Expense $1,800
  • New Taxes Expense $18,776
  • Operating Expense $27,897
  • Gross Income $132,000
  • Net Operating Income $100,143

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,326

Year Built

Built in 2025 | New Construction

Lot Details

0

Listing Details

  • CapRate: 6.80
  • Property Attached: Yes
  • Subdivision Name Other: Wrigley Area (WR)
  • Water Sewer Expenses: 1800.00
  • New Construction: Yes
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 7205019012
  • Year Built: 2025
  • Special Features: NewHome

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 470.32

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Dog Park, Golf, Park, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 4041.00
  • Lot Size Acres: 0.0928

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection

Multi Family

  • Gross Income: 132000.00
  • Gross Multiplier: 11.17
  • Gross Operating Income: 128040.00
  • Gross Scheduled Income: 132000.00
  • Insurance Expense: 3801.00
  • Lot Size Area: 4041.0000 Square Feet
  • Maintenance Expense: 1000.00
  • Net Operating Income: 100143.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 3
  • Number Of Units Total: 4
  • Operating Expense: 27897.00
  • Operating Expense Percent: 21.79
  • Other Expense: 1320.00
  • Other Expense Description: Admin
  • Rent Control: Yes
  • Total Actual Rent: 8350.00
  • Total Expenses: 27897.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 18776.00
  • Tax Lot: 12
  • Tax Rate: 1.24
  • Tax Tract Number: B
  • Tax Annual Amount: 20326.00
  • Tax Year: 2025
  • TaxOtherAnnualAssessmentAmount: 20326.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2025
Closed on
Nov 25, 2025
Sold by
Galaxy 26 Llc
Bought by
Rubow Alexandra
Seller's Agent
Daniel Gomez
Younglewin Advisors, Inc.
Buyer's Agent
Alex Rubow
Douglas Elliman of California - Corona Del Mar
List Price
$1,600,000
Sold Price
$1,450,000
Premium/Discount to List
-$150,000
-9.38%
Views
50

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-69.90%
Original Mortgage
$1,232,500
Outstanding Balance
$1,232,500
Interest Rate
6.19%
Mortgage Type
New Conventional
Estimated Equity
$68,995

Purchase Details

Listed on
Jun 14, 2024
Closed on
Jul 26, 2024
Sold by
Howard L Kaplin Living Trust and Relis Paul
Bought by
Galaxy 26 Llc
Seller's Agent
Sindy Verdugo
RE/MAX College Park Realty
Buyer's Agent
Austin Carr
Realty One Group United
List Price
$775,000
Sold Price
$750,000
Premium/Discount to List
-$25,000
-3.23%
Views
25

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
63.55%
Original Mortgage
$562,500
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 14, 2024
Closed on
Jul 9, 2024
Sold by
Howard L Kaplin Living Trust and Relis Paul
Bought by
Galaxy 26 Llc
Seller's Agent
Sindy Verdugo
RE/MAX College Park Realty
Buyer's Agent
Austin Carr
Realty One Group United
List Price
$775,000
Sold Price
$750,000
Premium/Discount to List
-$25,000
-3.23%
Views
25

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$562,500
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 3, 2005
Sold by
Kaplan Howard L
Bought by
The Howard L Kaplan Living Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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 $1,450,000 Commonwealth Land Title Compan
Grant Deed $750,000 Corinthian Title Company
Grant Deed $750,000 Corinthian Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,232,500 New Conventional
Previous Owner $562,500 New Conventional
Previous Owner $562,500 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/04/2025 12/04/25 Sold $1,450,000 -1.7% $470 / Sq Ft
11/26/2025 11/26/25 Pending -- -- --
10/30/2025 10/30/25 Price Changed $1,475,000 -1.3% $478 / Sq Ft
10/20/2025 10/20/25 Price Changed $1,495,000 -5.7% $485 / Sq Ft
10/15/2025 10/15/25 Price Changed $1,585,000 -0.9% $514 / Sq Ft
09/22/2025 09/22/25 For Sale $1,600,000 +113.3% $519 / Sq Ft
08/02/2024 08/02/24 Sold $750,000 -3.2% $378 / Sq Ft View Prior Sale
06/17/2024 06/17/24 Pending -- -- --
06/14/2024 06/14/24 For Sale $775,000 -- $391 / 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 $1,600 $750,000 $475,000 $275,000
2024 $1,600 $90,075 $40,110 $49,965
2023 $1,571 $88,310 $39,324 $48,986
2022 $1,489 $86,579 $38,553 $48,026
2021 $1,444 $84,883 $37,798 $47,085
2019 $1,424 $82,368 $36,678 $45,690
2018 $1,331 $80,754 $35,959 $44,795
2016 $1,216 $77,619 $34,563 $43,056
2015 $1,175 $76,454 $34,044 $42,410
2014 $1,180 $74,958 $33,378 $41,580
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW25222639

California Regional Multiple Listing Service (CRMLS)

APN: 7205-019-012