NOT LISTED FOR SALE

Estimated Value: $1,980,000 - $3,137,882

12 Beds
8 Baths
4,302 Sq Ft
$648/Sq Ft Est. Value

Last Sold September 12, 2025

Last sale price $3,050,000 $709 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $16,412/month

90 Days on Market

Highlights

  • Golf Course Community
  • Built in 1928 | Newly Remodeled
  • Mediterranean Architecture
  • Lowell Elementary School Rated A-
  • Wood Flooring
  • 3-minute walk to Livingston Drive Park

About This Home

As of September 2025

A Masterfully Reimagined Investment Opportunity:
Step into the heart of Belmont Heights—Long Beach’s most sought-after and architecturally rich enclave—where historic charm seamlessly blends with modern refinement. This exceptional multifamily estate has been extensively transformed, combining timeless elegance with high-end finishes to set a new standard for turnkey investment excellence. A rare opportunity for the selective investor, offering both lasting value and sophistication. This premier fourplex has been extensively renovated with premium finishes, providing the perfect mix of classic charm and contemporary luxury. The charming Spanish-style duplex has been fully updated for modern living, featuring all-new gourmet kitchens, beautifully remodeled bathrooms, luxury vinyl plank flooring, mini-split climate control systems, upgraded electrical, and entirely new plumbing throughout. Further adding to the property’s value and versatility are two newly constructed accessory dwelling units (ADUs), seamlessly integrated into the estate. Each ADU is designed for privacy, functionality, and aesthetic appeal, with private in-unit laundry, well-appointed interiors, and thoughtful floor plans that offer both comfort and efficiency. Additionally, the property includes four generously sized garages, providing secure parking and added convenience for tenants or owners.
The craftsmanship and attention to detail are evident in every corner—too many enhancements to list here. Please inquire for a full list of improvements!

Last Agent to Sell the Property

Cameron Jacques

Kinnery's Brokerage House Brokerage Phone: 310-490-8134 License #01852032 Listed on: 05/28/2025

Last Buyer's Agent

Michael Woepse

Katnik Brothers R.E. Services License #02036497

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1928 | Newly Remodeled

Lot Details

  • 6,334 Sq Ft Lot
  • Lot Dimensions are 50 x 127
  • 1 Common Wall

Parking

  • 4 Car Garage
  • 1 Open Parking Space
  • Parking Available
  • Rear-Facing Garage
  • Assigned Parking

Home Design

  • Mediterranean Architecture
  • Quadruplex
  • Entry on the 1st floor
  • Turnkey
  • Flat Roof Shape
  • Raised Foundation
  • Slab Foundation
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 4,302 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Wood Flooring
  • Neighborhood Views
  • Dishwasher
  • Laundry Room

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 8 Bathrooms

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Location

  • Suburban Location

Utilities

  • Two cooling system units
  • Combination Of Heating Systems
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Legal Lot and Block 21 / 11
  • Tax Tract Number 577
  • Assessor Parcel Number 7250011022
  • $584 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Belmont Heights Subdivision

Recreation

  • Golf Course Community
  • Park
  • Dog Park
  • Water Sports
  • Bike Trail

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 2 Separate Water Meters
  • Operating Expense $65,893
  • Gross Income $205,680
  • Net Operating Income $133,617

Property Details

Home Type

Multi-Family

Year Built

Built in 1928 | Newly Remodeled

Lot Details

0

Parking

4

Listing Details

  • Assessments: No
  • CapRate: 4.18
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Belmont Heights (BH)
  • View: Yes
  • Zoning: LBR1N
  • Architectural Style: Mediterranean
  • New Construction: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 7250011022
  • Year Built: 1928
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Copper Plumbing Full, High Ceilings
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Wood
  • Appliances: Yes
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 708.97

Exterior Features

  • Foundation: Raised, Slab
  • View: Neighborhood
  • Pool Private: No
  • Roof: Flat
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned, Garage Faces Rear
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 1.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher
  • Heating Type: Combination
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Dual
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Biking, Curbs, Dog Park, Golf, Gutters, Park, Watersports, Sidewalks, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Walkstreet
  • Lot Size: 50 X 127
  • Lot Size Sq Ft: 6334.00
  • Lot Size Acres: 0.1454

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average2 Bed Area: 750 Square Feet
  • Average3 Bed Area: 1400 Square Feet
  • Gross Income: 205680.00
  • Gross Multiplier: 15.55
  • Gross Operating Income: 199510.00
  • Gross Scheduled Income: 205680.00
  • Lot Size Area: 6334.0000 Square Feet
  • Net Operating Income: 133617.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 4
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Operating Expense: 65893.00
  • Rent Control: No
  • Total Expenses: 65893.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • Tax Block: 11
  • Tax Lot: 21
  • Tax Tract Number: 577...
  • TaxOtherAnnualAssessmentAmount: 584.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2025
Closed on
Aug 18, 2025
Sold by
Starboard I Va 5 Llc
Bought by
B & G Cattle Company
Seller's Agent
Cameron Jacques
Kinnery's Brokerage House
Buyer's Agent
Michael Woepse
Katnik Brothers R.E. Services
List Price
$3,300,000
Sold Price
$3,050,000
Premium/Discount to List
-$250,000
-7.58%
Views
52
Current Estimated Value
$2,787,721

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$262,279
Avg. Annual Appreciation
-26.66%

Purchase Details

Listed on
Jun 1, 2023
Closed on
Jul 25, 2023
Sold by
Stadler Nathan
Bought by
Stadler Lauren N
Seller's Agent
Spencer Pabst
Pabst, Kinney & Associates
Buyer's Agent
Cameron Jacques
Kinnery's Brokerage House
List Price
$1,799,000
Sold Price
$1,680,000
Premium/Discount to List
-$119,000
-6.61%
Views
136

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.84%
Original Mortgage
$1,092,000
Interest Rate
6.15%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 1, 2023
Closed on
Jul 20, 2023
Sold by
Patton Kay Swoffer and Follett Lauren Nicole
Bought by
Starboard I Va 5 Llc
Seller's Agent
Spencer Pabst
Pabst, Kinney & Associates
Buyer's Agent
Cameron Jacques
Kinnery's Brokerage House
List Price
$1,799,000
Sold Price
$1,680,000
Premium/Discount to List
-$119,000
-6.61%
Views
136

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,092,000
Interest Rate
6.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 27, 2012
Sold by
Swoffer Betty J and Follett Kay Swoffer
Bought by
Follett Lauren Nicole

Purchase Details

Closed on
Dec 19, 2011
Sold by
Swoffer Betty Zimmer
Bought by
Swoffer Betty J and Follett Kay Swoffer
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
B & G Cattle Company $3,050,000 Ticor Title
Stadler Lauren N -- Fidelity National Title
Starboard I Va 5 Llc $1,680,000 Fidelity National Title
Follett Lauren Nicole -- None Available
Swoffer Betty J -- None Available
Follett Lauren Nicole -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Starboard I Va 5 Llc $1,092,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/12/2025 09/12/25 Sold $3,050,000 -4.7% $709 / Sq Ft
08/26/2025 08/26/25 Pending -- -- --
07/17/2025 07/17/25 Price Changed $3,200,000 -3.0% $744 / Sq Ft
05/28/2025 05/28/25 For Sale $3,300,000 0.0% $767 / Sq Ft
04/24/2025 04/24/25 Rented $5,070 +44.9% --
04/24/2025 04/24/25 Rented $3,500 -31.0% --
01/27/2025 01/27/25 For Rent $5,070 +44.9% --
01/27/2025 01/27/25 For Rent $3,500 0.0% --
08/07/2023 08/07/23 Sold $1,680,000 -6.6% $600 / Sq Ft View Prior Sale
06/27/2023 06/27/23 Pending -- -- --
06/01/2023 06/01/23 For Sale $1,799,000 -- $642 / 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 $21,672 $1,713,600 $1,020,000 $693,600
2024 $21,672 $1,680,000 $1,000,000 $680,000
2023 $9,249 $696,397 $445,666 $250,731
2022 $8,688 $682,743 $436,928 $245,815
2021 $8,510 $669,357 $428,361 $240,996
2019 $8,390 $649,505 $415,656 $233,849
2018 $8,100 $636,770 $407,506 $229,264
2016 $7,440 $612,045 $391,683 $220,362
2015 $7,142 $602,852 $385,800 $217,052
2014 $7,094 $591,044 $378,243 $212,801
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW25095992

California Regional Multiple Listing Service (CRMLS)

APN: 7250-011-022