2408 E 17th St Long Beach, CA 90804
Zaferia NeighborhoodEstimated payment $8,586/month
Highlights
- No Units Above
- Laundry Room
- Wall Furnace
- Woodrow Wilson High School Rated A
- Rectangular Lot
About This Home
2408 E. 17th Street presents an exceptional four-unit multifamily investment opportunity. Four spacious townhome-style units, each offering 3 bedrooms and 1.5 bathrooms. The consistent unit mix supports strong long-term rental demand and operational simplicity. Offered below replacement cost, this is an opportunity to acquire a well-configured property in a supply-constrained market. Situated on a 6,401 SF lot, this asset offers approximately 5,022 SF of rentable space and includes 8 uncovered parking spaces, providing two dedicated spaces per unit—a rare amenity. The oversized parking area offers additional upside, with potential to add up to four (4) detached ADUs (buyer to verify). All units are separately metered for gas and electricity, and the layout is well suited for implementing utility bill-backs or RUBS, offering an opportunity to further reduce landlord expenses and enhance NOI.
Listing Agent
Coldwell Banker Realty Brokerage Email: write.luen@gmail.com License #01733206 Listed on: 01/23/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1972
Lot Details
- 6,401 Sq Ft Lot
- No Units Above
- No Units Located Below
- Two or More Common Walls
- Rectangular Lot
- Level Lot
Home Design
- Property Attached
- Entry on the 1st floor
Interior Spaces
- 5,022 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 12 Bedrooms
- All Upper Level Bedrooms
- 8 Bathrooms
Laundry
- Laundry Room
- Washer Hookup
Utilities
- Wall Furnace
- Natural Gas Connected
Additional Features
- Exterior Lighting
- Urban Location
Listing and Financial Details
- Tax Lot 1
- Assessor Parcel Number 7260012001
Community Details
Overview
- 4 Units
- Eastside Subdivision
Building Details
- 4 Leased Units
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $4,328
- Water Sewer Expense $1,455
- Operating Expense $5,783
- Gross Income $85,176
- Net Operating Income $79,393
Map
Home Values in the Area
Average Home Value in this Area
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 | $7,070 | $497,239 | $210,949 | $286,290 |
| 2024 | $7,070 | $487,490 | $206,813 | $280,677 |
| 2023 | $6,949 | $477,932 | $202,758 | $275,174 |
| 2022 | $6,546 | $468,562 | $198,783 | $269,779 |
| 2021 | $6,387 | $459,376 | $194,886 | $264,490 |
| 2019 | $6,296 | $446,152 | $189,106 | $257,046 |
| 2018 | $6,058 | $437,413 | $185,399 | $252,014 |
| 2016 | $5,549 | $420,045 | $178,200 | $241,845 |
| 2015 | $5,340 | $413,737 | $175,524 | $238,213 |
| 2014 | $5,322 | $405,633 | $172,086 | $233,547 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/23/2026 01/23/26 | For Sale | $1,540,000 | -- | $307 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $455,000 | -- | |
| Grant Deed | $330,000 | Commonwealth Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $410,000 | Seller Take Back | |
| Previous Owner | $189,000 | No Value Available |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW26016842
APN: 7260-012-001
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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