$1,569,000
$6K PRICE DROP

Estimated payment $9,928/month

Total Views 3,249
14 Beds
7 Baths
5,283 Sq Ft
$297 Price per Sq Ft

About This Home

PRICED REDUCED. 9.8 GRM on current rents with upside to 9.3 GRM and 7.0% CAP. 7 units in Long Beach NOT subject to local rent control - AB 1482 Only (5% + CPI max increase). All units are 2+1's. 4 garages in the front - potential ADU opportunity - Buyer to verify. Property is professionally managed and well-maintained. Laminate flooring, updated kitchens. On-site laundry as well. Seller just spent over $20K updating unit 7 - new cabinets, flooring, etc. EMAIL LISTING AGENT FOR MORE INF,O INCLUDING A RENT ROLL AND OM.

Listing Agent

Jon Swire

The Agency License #01336277 Listed on: 08/03/2025

The Agency

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Parking

  • 4 Car Garage
  • Assigned Parking

Interior Spaces

  • 5,283 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 7 Bathrooms

Additional Features

  • 5,651 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 7 Units

Listing and Financial Details

  • Assessor Parcel Number 7317-003-004

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 5283
  • Lot Acreage: 0.1297
  • Year Built: 1963
  • Number Of Photos: 8
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 14
  • Total Bathrooms: 7.00
  • Price Per S Q F T: 296.99

Exterior Features

  • Other Structures: None

Garage/Parking

  • Garage Spaces: 4
  • Garage Structures: 4
  • Parking Garage: Assigned
  • Total Parking: 4

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 49.46
  • Assessed Improvement Value: 779410
  • Assessed Land Percent: 50.54
  • Assessed Land Value: 796478
  • Total Assessed Value: 1575888
  • Assessor Parcel Number: 7317-003-004
  • Lot Size Area: 5651

Multi Family

  • Unit Type: 2106
  • Gross Rent Multiplier: 9.84
  • Number Of Units: 7
  • Total Annual Expense: 56000
  • Type Of Units: Income
  • Vacancy Rate: 0%

Map

Range of Values:

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ICE

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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

Property History

Date Event Price Change Sq Ft Price
09/15/2025 09/15/25 Price Changed $1,569,000 -0.1% $297 / Sq Ft
08/03/2025 08/03/25 For Sale $1,570,000 0.0% $297 / Sq Ft
07/31/2025 07/31/25 Off Market $1,570,000 -- --
06/03/2025 06/03/25 Price Changed $1,570,000 -0.3% $297 / Sq Ft
04/15/2025 04/15/25 For Sale $1,575,000 +13.7% $298 / Sq Ft
05/10/2017 05/10/17 Sold $1,385,000 -0.7% $262 / Sq Ft
03/16/2017 03/16/17 Pending -- -- --
02/13/2017 02/13/17 Price Changed $1,395,000 -6.7% $264 / Sq Ft
12/16/2016 12/16/16 For Sale $1,495,000 +66.1% $283 / Sq Ft
04/14/2015 04/14/15 Sold $899,900 0.0% $170 / Sq Ft
02/16/2015 02/16/15 Pending -- -- --
02/09/2015 02/09/15 For Sale $899,900 -- $170 / Sq Ft
Source: The MLS

Source: The MLS

MLS Number: 25525531

The MLS