$2,000,000
SOLD JUL 20, 2026
2 Beds
-- Bath
7,588 Sq Ft
7,722 Sq Ft Lot

Sale Details

Date Sold: July 20, 2026

$264 Per Sq Ft

91% Below List Price

29 Days on Market

Highlights

  • No HOA
  • Laundry Facilities
  • 1-minute walk to NAACP Freedom Park
  • Long Beach Polytechnic High School Rated A

About This Home

As of July 2026

This well-maintained 10-unit apartment building is a turnkey investment opportunity that any investor would be proud to own.
Fully occupied, three units completely rehabbed with new kitchen cabinets, updated bathrooms, and tile flooring throughout. All 10 units are replaced with new vinyl windows, new roof replaced with permit in 2022, new water heater replaced in 2021, newer stucco and fresh exterior paint, newer side gates for added security. Garage inspection was completed in 2025.

Last Agent to Sell the Property

Julieanne Lam Phan

Phan Property Management Brokerage Phone: 714-655-1434 License #01218721 Listed on: 04/16/2026

Last Buyer's Agent

NONE NONE

None MRML License #N/A

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Property Details

Home Type

  • Apartment

Year Built

  • Built in 1961

Lot Details

  • 7,722 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 7 Car Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 7,588 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Unit 1 Bathroom: 0

Location

  • Suburban Location

Listing and Financial Details

  • Legal Lot and Block 4 / 1
  • Assessor Parcel Number 7211016004
  • $1,941 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 10 Units
  • Wrigley Area Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 10 Separate Electric Meters
  • 10 Separate Gas Meters
  • 1 Separate Water Meter
  • Operating Expense $51,463
  • Gross Income $190,620
  • Net Operating Income $139,157

Property Details

Home Type

Apartment

Year Built

Built in 1961

Lot Details

7,722 Sq Ft Lot

Parking

7

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Wrigley Area (WR)
  • Zoning: LBR34
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 7211016004
  • Year Built: 1961
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 263.57

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 7.00
  • Total Parking Spaces: 7.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7722.00
  • Lot Size Acres: 0.1773

Multi Family

  • Gross Income: 190620.00
  • Gross Scheduled Income: 190620.00
  • Laundry Income: 2436.00
  • Lot Size Area: 7722.0000 Square Feet
  • Net Operating Income: 139157.00
  • Number Of Separate Electric Meters: 10
  • Number Of Separate Gas Meters: 10
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 10
  • Operating Expense: 51463.00
  • Rent Control: Yes
  • Total Expenses: 51463.00

Tax Info

  • Tax Block: 1
  • Tax Census Tract: 5733.00
  • Tax Lot: 4
  • Tax Tract Number: 00000
  • TaxOtherAnnualAssessmentAmount: 1941.00

Ownership 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 Name Owned For Owner Type

Purchase Details

Closed on
Mar 7, 2005
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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 Type Sale Price Title Company
Grant Deed $414,200 --
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 Loan Amount Loan Type
Open $1,000,000 Commercial
Closed $675,000 Commercial
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
07/20/2026 07/20/26 Sold $2,000,000 -9.1% $264 / Sq Ft
05/15/2026 05/15/26 Pending -- -- --
04/16/2026 04/16/26 Price Changed $2,200,000 -90.0% $290 / Sq Ft
04/16/2026 04/16/26 For Sale $22,000,000 -- $2,899 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax 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.

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 $13,870 $923,001 $400,473 $522,528
2024 $13,217 $904,904 $392,621 $512,283
2023 $12,979 $887,162 $384,923 $502,239
2022 $12,221 $869,768 $377,376 $492,392
2021 $11,923 $852,715 $369,977 $482,738
2019 $11,752 $827,425 $359,004 $468,421
2018 $11,364 $811,202 $351,965 $459,237
2016 $10,436 $779,704 $338,299 $441,405
2015 $10,043 $767,993 $333,218 $434,775
2014 $10,021 $752,950 $326,691 $426,259
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC26082115

California Regional Multiple Listing Service (CRMLS)
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