242 E Del Amo Blvd Long Beach, CA 90805
Addams NeighborhoodEstimated payment $5,177/month
About This Home
Rare opportunity to acquire a move-in ready triplex offering exceptional flexibility for owner-occupants and investors alike. This property features a separate 2-bedroom, 1-bath single-family home along with a duplex consisting of a studio unit on the ground level and a 1-bedroom unit on the second floor. All units are well maintained and in rent ready condition. The detached 2-bedroom home includes in unit laundry hook up and an attached single-car garage, while the property also offers two additional uncovered parking spaces for added convenience. Individually metered for gas and electricity. One water meter per building. The new owner has full control over tenant selection, rental strategy, or personal use from day one. Immediate possession is available. The versatile unit mix appeals to a wide range of tenants and supports long-term rental demand. This property is ideal for a house-hacker looking to offset their mortgage or an investor seeking strong income potential. See private remarks for current tenancy status.
Listing Agent
Buckingham Investments, Inc Brokerage Phone: 407-341-3254 License #02096276 Listed on: 02/06/2026
Co-Listing Agent
Buckingham Investments, Inc Brokerage Phone: 407-341-3254 License #02001732
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1950
Lot Details
- 3,264 Sq Ft Lot
- No Common Walls
- Private Yard
- Back Yard
Parking
- 2 Open Parking Spaces
- 1 Car Garage
Home Design
- Triplex
- Entry on the 1st floor
Interior Spaces
- 1,504 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Location
- Urban Location
Listing and Financial Details
- Tax Lot 2018
- Tax Tract Number 5134
- Assessor Parcel Number 7133002026
- $598 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- 2 Buildings
- 3 Units
- North Long Beach Subdivision
Building Details
- Rent Control
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 2 Separate Water Meters
- Insurance Expense $2,632
- Trash Expense $1,200
- Water Sewer Expense $2,160
- Operating Expense $5,992
- Gross Income $67,200
- Net Operating Income $61,208
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 | $7,612 | $579,629 | $251,536 | $328,093 |
| 2024 | $7,612 | $568,264 | $246,604 | $321,660 |
| 2023 | $7,481 | $557,122 | $241,769 | $315,353 |
| 2022 | $7,025 | $546,199 | $237,029 | $309,170 |
| 2021 | $6,881 | $535,490 | $232,382 | $303,108 |
| 2020 | $6,864 | $530,000 | $230,000 | $300,000 |
| 2019 | $6,349 | $483,745 | $160,529 | $323,216 |
| 2018 | $6,163 | $474,261 | $157,382 | $316,879 |
| 2016 | $5,675 | $455,847 | $151,272 | $304,575 |
| 2015 | $3,036 | $234,380 | $120,504 | $113,876 |
| 2014 | -- | $229,790 | $118,144 | $111,646 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/06/2026 02/06/26 | For Sale | $875,000 | +65.1% | $582 / Sq Ft | |
| 11/08/2019 11/08/19 | Sold | $530,000 | 0.0% | $352 / Sq Ft | View Prior Sale |
| 09/05/2019 09/05/19 | Price Changed | $529,900 | 0.0% | $352 / Sq Ft | |
| 09/05/2019 09/05/19 | For Sale | $529,900 | +6.0% | $352 / Sq Ft | |
| 07/16/2019 07/16/19 | Pending | -- | -- | -- | |
| 07/05/2019 07/05/19 | For Sale | $499,900 | +12.3% | $332 / Sq Ft | |
| 01/12/2015 01/12/15 | Sold | $445,000 | -0.9% | $278 / Sq Ft | View Prior Sale |
| 12/22/2014 12/22/14 | Pending | -- | -- | -- | |
| 10/24/2014 10/24/14 | For Sale | $449,000 | -- | $281 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $445,000 | Title365 | |
| Interfamily Deed Transfer | -- | None Available | |
| Corporate Deed | -- | -- | |
| Trustee Deed | $146,262 | Orange Coast Title | |
| Gift Deed | -- | Northern Counties Title | |
| Grant Deed | $119,000 | Fidelity National Title Ins | |
| Trustee Deed | $130,234 | First American Title Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $25,400 | Stand Alone Second | |
| Previous Owner | $107,100 | No Value Available |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB26028153
APN: 7133-002-026
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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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