NOT LISTED FOR SALE

Estimated Value: $1,091,000 - $1,460,000

7 Beds
5 Baths
2,800 Sq Ft
$474/Sq Ft Est. Value

Last Sold May 30, 2025

Last sale price $1,450,000 $518 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $7,884/month

9 Days on Market

Highlights

  • Property is near public transit
  • Cooling System Mounted To A Wall/Window
  • Paved or Partially Paved Lot
  • Long Beach Polytechnic High School Rated A
  • Laundry Room
  • 1-Story Property

About This Home

As of May 2025

Incredible turnkey opportunity in the Poly High area of Long Beach! This 4-unit property features a front SFR with 3 bedrooms and 1 bathroom, currently occupied, plus a rare triplex in the rear. The triplex includes two 1-bed/1-bath units and an upstairs 2-bed/2-bath unit. All units have been recently remodeled with new kitchens & bathrooms, new appliances, wall A/C units, dual-pane windows, a new roof, upgraded electrical panel, and fresh concrete parking area and 3 assigned parking spaces. The property also features an automatic security gate with alley access. Located in close proximity to public transportation, shopping, dining, and schools, just 0.6 miles from Robinson Academy (K-8) and 0.8 miles from Polytechnic High School. Ideal for an investor or owner-user seeking immediate rental income with room to grow. Don’t miss this turnkey multi-unit property in a high-demand rental area!

Last Agent to Sell the Property

Marcos Ramirez

Keller Williams Pacific Estate Brokerage Phone: 562-706-5240 License #01339740 Listed on: 05/14/2025

Keller Williams Pacific Estate

Last Buyer's Agent

Marcos Ramirez

Keller Williams Pacific Estate Brokerage Phone: 562-706-5240 License #01339740 Listed on: 05/14/2025

Keller Williams Pacific Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 6,281 Sq Ft Lot
  • Two or More Common Walls
  • Paved or Partially Paved Lot

Parking

  • 3 Parking Spaces

Home Design

  • Quadruplex
  • Entry on the 1st floor

Interior Spaces

  • 2,800 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Location

  • Property is near public transit
  • Urban Location

Additional Features

  • Exterior Lighting
  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 3463
  • Assessor Parcel Number 7208017009
  • $981 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Poly High Subdivision

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Poly High (PH)
  • Zoning: LBR1N
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 7208017009
  • Year Built: 1920
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 517.86

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Near Public Transit, Paved
  • Lot Size Sq Ft: 6281.00
  • Lot Size Acres: 0.1442

Multi Family

  • Lot Size Area: 6281.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 5732.01
  • Tax Lot: 8
  • Tax Tract Number: 3463
  • TaxOtherAnnualAssessmentAmount: 981.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2025
Closed on
May 20, 2025
Sold by
Ramirez Marcos
Bought by
Grayline Medical Inc
Seller's Agent
Marcos Ramirez
Keller Williams Pacific Estate
Buyer's Agent
Marcos Ramirez
Keller Williams Pacific Estate
List Price
$1,475,000
Sold Price
$1,450,000
Premium/Discount to List
-$25,000
-1.69%
Views
10
Current Estimated Value
$1,327,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$122,549
Avg. Annual Appreciation
-13.69%

Purchase Details

Closed on
Aug 12, 2024
Sold by
Miricle Island
Bought by
Miricle Island Community and Briggs

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
6.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 2024
Sold by
Xmrx Corporation
Bought by
Ramirez Marcos

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
6.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 1, 2024
Closed on
Mar 28, 2024
Sold by
Morgan Stanley Abs Cap I Inc T and Wells Fargo Bank Na
Bought by
Xmrx Corporation
Seller's Agent
Laura Roman
Boardwalk Properties
Buyer's Agent
Marcos Ramirez
Keller Williams Pacific Estate
List Price
$825,000
Sold Price
$875,000
Premium/Discount to List
$50,000
6.06%
Views
45

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.89%
Original Mortgage
$787,000
Interest Rate
6.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2018
Sold by
Blackwell Michelle
Bought by
Wells Fargo Bank Na and Morgan Stanley Abs Capital I Inc Trust

Purchase Details

Closed on
May 5, 2016
Sold by
Blackwell Michelle
Bought by
Miricle Island

Purchase Details

Closed on
Mar 29, 2004
Sold by
Brena Lizabeth
Bought by
Blackwell Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
7.99%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 20, 1999
Sold by
Laines Cami D
Bought by
Evans Donald M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,997
Interest Rate
6.63%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 7, 1999
Sold by
Delphine Group Llc
Bought by
Brena Lizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,997
Interest Rate
6.63%
Mortgage Type
FHA

Purchase Details

Closed on
May 15, 1998
Sold by
Love Burnite and Love Bettie J
Bought by
Evans Donald M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,000
Interest Rate
7.13%
Mortgage Type
Commercial
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 Buyer Sale Price Title Company
Grayline Medical Inc $1,450,000 Provident Title Company
Miricle Island Community -- None Listed On Document
Ramirez Marcos -- Provident Title Company
Ramirez Marcos -- Provident Title Company
Xmrx Corporation $875,000 Servicelink
Wells Fargo Bank Na $1,105,810 Accommodation
Miricle Island -- None Available
Blackwell Michelle $510,000 Lawyers Title
Evans Donald M -- United Title Company
Brena Lizabeth $295,000 United Title Company
Delphine Group Llc -- United Title Company
Evans Donald M $163,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ramirez Marcos $956,250
Previous Owner Xmrx Corporation $787,000
Previous Owner Blackwell Michelle $380,000
Previous Owner Brena Lizabeth $292,997
Previous Owner Evans Donald M $182,000
Closed Blackwell Michelle $95,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/30/2025 05/30/25 Sold $1,450,000 -1.7% $518 / Sq Ft
05/14/2025 05/14/25 For Sale $1,475,000 +68.6% $527 / Sq Ft
04/05/2024 04/05/24 Sold $875,000 +6.1% $365 / Sq Ft View Prior Sale
03/15/2024 03/15/24 Pending -- -- --
03/01/2024 03/01/24 For Sale $825,000 -- $345 / 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 $11,393 $875,000 $350,000 $525,000
2024 $11,393 $836,635 $334,654 $501,981
2023 $11,195 $820,232 $328,093 $492,139
2022 $10,521 $804,150 $321,660 $482,490
2021 $10,301 $788,383 $315,353 $473,030
2020 $10,275 $780,960 $312,120 $468,840
2019 $10,155 $765,660 $306,000 $459,660
2018 $7,798 $583,284 $260,100 $323,184
2017 $7,715 $571,200 $255,000 $316,200
2016 $7,064 $550,000 $385,000 $165,000
2015 $6,883 $550,000 $385,000 $165,000
2014 $6,410 $500,000 $350,000 $150,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS25106392

California Regional Multiple Listing Service (CRMLS)

APN: 7208-017-009