$1,659,000
SOLD APR 8, 2026
8 Beds
9 Baths
4,945 Sq Ft
5,934 Sq Ft Lot

Sale Details

Date Sold: April 8, 2026

$335 Per Sq Ft

47 Days on Market

About This Home

As of April 2026

Priced to sell at 9.7 GRM with upside to 8.7 GRM and a 8.1% CAP. 9 units located in Long Beach NOT subject to local rent control, just AB 1482 (max increase of 5% + CPI). Located on a quite street in the Wrigley district. Excellent unit mix for the area, with long term tenants. The property was updated in 2019 throughout and is professionally managed and well maintained. A new owner could achieve over a 10% upside in rents. Property has onsite laundry and features a 400 AMP Main electrical panel and 50 AMP subpanels (Buyer to verify). Qualified Buyers can put down as little as 25%. Contact Loan Broker to find out more. EARN OVER A 12% CASH ON CASH RETURN AGAINST IN PLACE RENTS. Email Listing Agent for more info including a Rent Roll and OM.

Last Agent to Sell the Property

Jon Swire

The Agency License #01336277 Listed on: 01/15/2026

The Agency

Last Buyer's Agent

Mark Bridge

Mark Bridge, Broker License #01316702

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • 5,934 Sq Ft Lot
  • Lot Dimensions are 47x130

Interior Spaces

  • 4,945 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 9 Bathrooms

Utilities

  • Heating System Mounted To A Wall or Window

Community Details

  • 9 Units

Listing and Financial Details

  • Assessor Parcel Number 7205-019-017

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

5,934 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 4945
  • Lot Acreage: 0.1362
  • Lot Dimensions: 47x130
  • Year Built: 1947
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 8
  • Total Bathrooms: 9.00
  • Price Per S Q F T: 335.49

Exterior Features

  • Other Structures: None

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 62.70
  • Assessed Improvement Value: 780491
  • Assessed Land Percent: 37.3
  • Assessed Land Value: 464232
  • Total Assessed Value: 1244723
  • Assessor Parcel Number: 7205-019-017
  • Lot Size Area: 5934

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 9.70
  • Number Of Units: 9
  • Type Of Units: Income
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft
04/08/2026 04/08/26 Sold $1,659,000 0.0% $335 / Sq Ft
03/03/2026 03/03/26 Pending -- -- --
01/15/2026 01/15/26 For Sale $1,659,000 -- $335 / Sq Ft
Source: The MLS

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 26638761

The MLS
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