Seller's Agent in 2025
Chris van Vuuren
Lyon Stahl Investment Real Estate, Inc.
(424) 220-8960
1 in this area
18 Total Sales
2247 Myrtle Ave Long Beach, CA 90806
Sunrise NeighborhoodEstimated Value: $1,206,000 - $1,352,000
2
Beds
1
Bath
2,876
Sq Ft
$443/Sq Ft
Est. Value
Highlights
- Rectangular Lot
- Long Beach Polytechnic High School Rated A
- 3-minute walk to NAACP Freedom Park
About This Home
As of August 2025We are proud to present 2247 Myrtle Avenue, a four-unit multifamily property located in the heart of Long Beach’s Wrigley neighborhood. Just south of the 405 Freeway and minutes from the Metro A Line, Downtown Long Beach, and Long Beach City College, this centrally located asset benefits from strong tenant demand and excellent regional connectivity. The Wrigley area continues to attract renters looking for affordable housing near key job centers, transit options, and coastal amenities. Situated on a 5,131 SF lot, the property features two separate buildings totaling 2,876 SF, with a desirable unit mix of four (4) two-bedroom, one-bath units. The site includes four (4) garage spaces and is separately metered for gas and electricity. The current owner has completed significant capital improvements, including exterior paint (2021/2025), new roof (2020), gutters (2025), garage doors (2020), a rebuilt staircase (2023), and full or partial repiping. Three units were renovated in 2019 and one in 2022, along with additional upgrades such as window replacements, cleanouts, and a combination of standard and tankless water heaters. 2247 Myrtle Avenue offers a rare opportunity to acquire a well-maintained, income-producing asset with a strong unit mix and in-place annual gross income of $112,692. Four garage spaces provide added tenant convenience and potential for additional income through storage or conversion. This turnkey property is an ideal fit for investors seeking stability, upside, and a solid foothold in one of Long Beach’s most accessible and renter-friendly neighborhoods.
Last Agent to Sell the Property
Lyon Stahl Investment Real Estate, Inc. Brokerage Phone: 714-655-0098 License #02060007 Listed on: 07/07/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1923
Lot Details
- 5,131 Sq Ft Lot
- No Common Walls
- Rectangular Lot
Parking
- 4 Car Garage
Home Design
- Quadruplex
- Entry on the 1st floor
Interior Spaces
- 2,876 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Bathroom
Listing and Financial Details
- Legal Lot and Block 23 / 1
- Tax Tract Number 7211
- Assessor Parcel Number 7211014020
- $838 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 4 Units
- Poly High Subdivision
Building Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $2,876
- Maintenance Expense $3,000
- Other Expense $873
- Water Sewer Expense $1,863
- New Taxes Expense $17,231
- Operating Expense $25,843
- Gross Income $112,692
- Net Operating Income $86,849
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 24, 2025
Sold by
1364 Revocable Living Trust and Fallahassady Ali
Bought by
Subra Nellai and Nihalani Shaila
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$956,250
Interest Rate
6.72%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jun 4, 2018
Closed on
Jun 27, 2018
Sold by
Leang Bruce and Leang Michelle P
Bought by
Fallahassady Ali
Seller's Agent
Daniel Kor
TM Real Estate Brokers
Buyer's Agent
Daniel Kor
TM Real Estate Brokers
List Price
$800,000
Sold Price
$780,000
Premium/Discount to List
-$20,000
-2.5%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.45%
Original Mortgage
$585,000
Interest Rate
4.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 5, 2017
Sold by
Leang Bruce and Leang Michelle
Bought by
Leang Bruce and Leang Michelle P
Purchase Details
Closed on
Nov 16, 2012
Sold by
Leang Bruce
Bought by
Leang Bruce and Leang Michelle
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,000
Interest Rate
3.33%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 22, 2009
Sold by
Leang Michelle
Bought by
Leang Bruce
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,930
Interest Rate
5.14%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 16, 2008
Sold by
Us Bank National Association
Bought by
Leang Bruce
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,930
Interest Rate
5.14%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 8, 2008
Sold by
Jones Tonia M
Bought by
Us Bank Na and Terwin Mortgage Trust 2006-1 Asset Backe
Purchase Details
Closed on
Jul 31, 2005
Sold by
Bowles Gregory E and Bowles Patricia L W
Bought by
Jones Tonia M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$556,000
Interest Rate
5.64%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 30, 2004
Sold by
Bowles Gregory E and Bowles Patricia L W
Bought by
Bowles Gregory E and Bowles Patricia L W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
5.57%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 7, 2003
Sold by
Bowles Gregory and Bowles Patricia
Bought by
Bowles Gregory E and Bowles Patricia L W
Purchase Details
Closed on
Oct 2, 2002
Sold by
Bowles Gregory E and Bowles Patricia L W
Bought by
Bowles Gregory and Bowles Patricia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.22%
Purchase Details
Closed on
May 29, 2002
Sold by
Bowles Gregory and Bowles Patricia
Bought by
Bowles Gregory E and Bowles Patricia L W
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Subra Nellai | $1,275,000 | Lawyers Title Company | |
| Fallahassady Ali | $780,000 | Chicago Title | |
| Leang Bruce | -- | None Available | |
| Leang Bruce | -- | First American Title Company | |
| Leang Bruce | -- | Fidelity National Title Co | |
| Leang Bruce | $410,000 | Fidelity National Title Co | |
| Us Bank Na | $396,322 | National Title Ins Co Of Ny | |
| Jones Tonia M | $695,000 | Southland Title | |
| Bowles Gregory E | -- | Old Republic Title Company | |
| Bowles Gregory E | -- | -- | |
| Bowles Gregory | -- | Chicago Title | |
| Bowles Gregory E | -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Subra Nellai | $956,250 | |
| Previous Owner | Fallahassady Ali | $585,000 | |
| Previous Owner | Leang Bruce | $273,000 | |
| Previous Owner | Leang Bruce | $286,930 | |
| Previous Owner | Jones Tonia M | $556,000 | |
| Previous Owner | Bowles Gregory E | $245,000 | |
| Previous Owner | Bowles Gregory | $240,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/20/2025 08/20/25 | Sold | $1,275,000 | -3.4% | $443 / Sq Ft | |
| 07/17/2025 07/17/25 | Pending | -- | -- | -- | |
| 07/07/2025 07/07/25 | For Sale | $1,320,000 | +69.2% | $459 / Sq Ft | |
| 07/06/2018 07/06/18 | Sold | $780,000 | -2.5% | $271 / Sq Ft | View Prior Sale |
| 06/05/2018 06/05/18 | Pending | -- | -- | -- | |
| 06/04/2018 06/04/18 | For Sale | $800,000 | -- | $278 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $11,970 | $870,101 | $334,654 | $535,447 |
| 2024 | $11,439 | $853,042 | $328,093 | $524,949 |
| 2023 | $11,244 | $836,316 | $321,660 | $514,656 |
| 2022 | $10,563 | $819,918 | $315,353 | $504,565 |
| 2021 | $10,344 | $803,842 | $309,170 | $494,672 |
| 2020 | $10,317 | $795,600 | $306,000 | $489,600 |
| 2019 | $10,197 | $780,000 | $300,000 | $480,000 |
| 2018 | $6,246 | $464,019 | $226,350 | $237,669 |
| 2017 | $6,180 | $454,921 | $221,912 | $233,009 |
| 2016 | $5,744 | $446,002 | $217,561 | $228,441 |
| 2015 | $5,522 | $439,304 | $214,294 | $225,010 |
| 2014 | $5,500 | $430,700 | $210,097 | $220,603 |
Source: Public Records
Agents Affiliated with this Home
-
Chris van Vuuren
-
Nina Le
Buyer's Agent in 2025
Nina Le
Buckingham Investments, Inc
(818) 415-9362
1 in this area
16 Total Sales
-
D
Seller's Agent in 2018
Daniel Kor
TM Real Estate Brokers
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB25149576
APN: 7211-014-020
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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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