$670,000
$20K PRICE DROP

Estimated payment $3,849/month

Total Views 13,916
3 Beds
2 Baths
767 Sq Ft
$874 Price per Sq Ft

Highlights

  • Solar Power System
  • Lawn
  • Cooling System Mounted To A Wall/Window
  • Spanish Architecture
  • No HOA
  • Laundry Room

About This Home

2026 PRICE DROP! Investor alert! PRIME value-add opportunity in Wrigley with PAID-OFF solar and city-approved plans for TWO new units. This charming Spanish Revival includes stamped, fully permitted plans for a 500 sq ft attached JADU (1 bed/1 bath + living/kitchen) and a 700 sq ft detached ADU (2 bed/1 bath), creating up to 1,200 sq ft of future rentable or multi-generational living space. All entitlement work is complete—start building immediately or hold for long-term upside. Ideal for investors, builders, or buyers wanting to live in the main home while creating additional income streams. Strong rental demand, excellent cap-rate potential, and a location moments from shopping, dining, schools, and major freeways. A rare combination of charm, efficiency, and significant development potential in one of Long Beach’s most desirable neighborhoods. Bonus spaces inherited by current owner offer additional flexibility. A rare chance to secure both a charming home and a fully entitled development package.

Listing Agent

Yasmeen Dardoon

Graff Real Estate Brokerage Phone: 9494476188 License #02122777 Listed on: 12/01/2025

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1928

Lot Details

  • 5,226 Sq Ft Lot
  • Lot Dimensions are 40 x 130
  • Lawn
  • Back Yard
  • Density is up to 1 Unit/Acre
  • Value in Land
  • On-Hand Building Permits
  • Property is zoned LBR1N

Parking

  • 1 Car Garage
  • Parking Available
  • Single Garage Door
  • Driveway

Home Design

  • Spanish Architecture
  • Entry on the 1st floor
  • Stucco

Interior Spaces

  • 767 Sq Ft Home
  • 1-Story Property
  • Entryway
  • Family Room
  • Laundry Room

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Additional Features

  • Solar Power System
  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Legal Lot and Block 5 / G
  • Assessor Parcel Number 7401014005
  • $379 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Westside/South Of Willow Subdivision

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters

Home Details

Home Type

Single Family

Year Built

Built in 1928

Lot Details

0

Parking

1

Listing Details

  • Assessments: No
  • CapRate: 9.00
  • Property Attached: No
  • Road Surface Type: Paved
  • Subdivision Name Other: Westside/South of Willow (WSW)
  • View: No
  • Zoning: LBR1N
  • Architectural Style: Spanish
  • Property Condition: Building Permit
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Income
  • Parcel Number: 7401014005
  • Year Built: 1928
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 873.53
  • Room Type: All Bedrooms Down, Entry, Family Room, Kitchen, Laundry

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway, Garage - Single Door
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Laundry: Yes
  • Laundry Features: Individual Room
  • Pest Control Expense: 400.00
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Green Features

  • Green Power: Solar

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Lawn, Value In Land
  • Lot Size: 40 x 130
  • Lot Size Sq Ft: 5226.00
  • Lot Size Acres: 0.1200
  • Latitude Manual: 33.80177400

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 63090.00
  • Gross Scheduled Income: 88800.00
  • Insurance Expense: 3500.00
  • Lot Size Area: 5226.0000 Square Feet
  • Maintenance Expense: 9360.00
  • Net Operating Income: 63090.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Operating Expense: 25710.00
  • Other Expense: 1200.00
  • Other Expense Description: Landscap
  • Rent Control: No
  • Total Expenses: 25710.00

Tax Info

  • New Taxes Expense: 11250.00
  • Tax Block: G
  • Tax Census Tract: 5727.00
  • Tax Lot: 5
  • Tax Tract: Harbor Home Tract
  • TaxOtherAnnualAssessmentAmount: 379.48

Map

Range of Values:

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Value Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $4,187 $625,000 $565,600 $59,400
2024 $4,187 $306,454 $245,166 $61,288
2023 $4,116 $300,446 $240,359 $60,087
2022 $3,870 $294,556 $235,647 $58,909
2021 $3,792 $288,781 $231,027 $57,754
2019 $3,739 $280,218 $224,176 $56,042
2018 $3,571 $274,725 $219,781 $54,944
2017 $55 $269,339 $215,472 $53,867
2016 $3,290 $264,059 $211,248 $52,811
2015 $3,160 $260,093 $208,075 $52,018
2014 $3,142 $255,000 $204,000 $51,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/02/2026 01/02/26 Price Changed $670,000 -2.9% $874 / Sq Ft
12/01/2025 12/01/25 For Sale $690,000 +10.2% $900 / Sq Ft
09/12/2024 09/12/24 Sold $626,000 -3.7% $816 / Sq Ft View Prior Sale
09/01/2024 09/01/24 Pending -- -- --
08/06/2024 08/06/24 Price Changed $650,000 -7.1% $847 / Sq Ft
07/02/2024 07/02/24 For Sale $699,999 +174.5% $913 / Sq Ft
06/28/2013 06/28/13 Sold $255,000 0.0% $332 / Sq Ft View Prior Sale
06/01/2013 06/01/13 For Sale $255,000 +70.0% $332 / Sq Ft
01/17/2013 01/17/13 Sold $150,000 -25.0% $196 / Sq Ft View Prior Sale
03/05/2012 03/05/12 For Sale $199,900 +33.3% $261 / Sq Ft
03/03/2012 03/03/12 Pending -- -- --
02/15/2012 02/15/12 Off Market $150,000 -- --
02/01/2012 02/01/12 For Sale $199,900 -- $261 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $625,000 Wfg National Title
Interfamily Deed Transfer -- North American Title Company
Interfamily Deed Transfer -- North American Title Company
Grant Deed $255,000 North American Title Company
Grant Deed $150,000 North American Title Company
Grant Deed $420,000 Financial Title Company
Interfamily Deed Transfer -- Southland Title
Interfamily Deed Transfer -- South Coast Title Company
Individual Deed $160,000 Fidelity National Title Co
Interfamily Deed Transfer -- Fidelity National Title Co
Grant Deed $120,000 South Coast Title
Grant Deed $98,000 Chicago Title Co
Trustee Deed $124,174 American Title Ins Co
Grant Deed $122,000 First American Title Company
Grant Deed $60,000 First American Title Company
Quit Claim Deed -- First American Title Company
Quit Claim Deed -- First American Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $239,112 FHA
Previous Owner $336,000 Fannie Mae Freddie Mac
Previous Owner $200,000 New Conventional
Previous Owner $171,585 No Value Available
Previous Owner $119,000 No Value Available
Previous Owner $95,050 Seller Take Back
Previous Owner $115,900 No Value Available
Closed $25,000 No Value Available
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR25267004

California Regional Multiple Listing Service (CRMLS)

APN: 7401-014-005