$1,470,000
SOLD FEB 20, 2025
10 Beds
9 Baths
6,182 Sq Ft
6,632 Sq Ft Lot

Recently Sold

$238 Per Sq Ft

26% Below List Price

23 Days on Market

Highlights

  • Contemporary Architecture
  • 6 Car Garage
  • Gated Home
  • Long Beach Polytechnic High School Rated A
  • Laundry Facilities
  • Radiant Heating System

About This Home

As of February 2025

Nine-unit apartment building located in the Wrigley area of Long Beach, on a quiet residential street near the major cross streets of Long Beach Boulevard & Willow Street. 266 E 25th is located in an area with upside potential, offering a mix of (2) 2 Bed/1 Bath units, (6) 1 Bed/1 bath units and (1) Single unit. Property features include 6 private garages, separate utility meters, a laundry room with 1 washer/1 dryer and a gated perimeter, all of which support tenant security and convenience. Residents enjoy convenient access to nearby shopping and access to the Pacific Coast Metro, the 405 and 710 freeways. A 10-15 min drive to downtown Long Beach, Cal State Long Beach and the Long Beach Airport. Long Beach's strong rental market provides a new owner with the opportunity to take advantage of the high demand in this area. With current rents below market rates, this 9-unit building is an attractive investment opportunity for those looking to capitalize on its upside potential.

Last Agent to Sell the Property

Jacqueline Knoll

Coldwell Banker Realty License #01726333 Listed on: 10/23/2024

Coldwell Banker Realty

Last Buyer's Agent

Jennifer Kleinert

Coldwell Banker Realty License #01347532

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 6,632 Sq Ft Lot
  • Gated Home

Parking

  • 6 Car Garage

Home Design

  • Contemporary Architecture

Interior Spaces

  • 6,182 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Disposal

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 9 Bathrooms

Utilities

  • Radiant Heating System

Community Details

  • 9 Units
  • Laundry Facilities
  • Rent Control

Listing and Financial Details

  • Tenant pays for gas, electricity
  • The owner pays for water, gardener
  • Assessor Parcel Number 7208-011-010

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Contemporary
  • Levels: Two
  • Street Number Display: Yes
  • Advertising Remarks: Nine-unit apartment building located in the Wrigley area of Long Beach, on a quiet residential street near the major cross streets of Long Beach Boulevard & Willow Street. 266 E 25th is located in an area with upside potential, offering a mix of (2) 2 Bed/1 Bath units, (6) 1 Bed/1 bath units and (1) Single unit. Property features include 6 private garages, separate utility meters, a laundry room with 1 washer/1 dryer and a gated perimeter, all of which support tenant security and convenience. Residents enjoy convenient access to nearby shopping and access to the Pacific Coast Metro, the 405 and 710 freeways. 10-15 minutes from downtown Long Beach, Cal State Long Beach and the Long Beach Airport. Long Beach's strong rental market provides a new owner with the opportunity to take advantage of the high demand for rental units in this area.
  • Living Area: 6182
  • Lot Acreage: 0.1522
  • Stories: 2
  • Year Built: 1959
  • Number Of Photos: 10
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 10
  • Common Walls: Attached
  • Laundry: Community
  • Total Bathrooms: 9.00
  • Equipment: Garbage Disposal, Range/Oven
  • Price Per S Q F T: 322.71

Exterior Features

  • Other Structures: None
  • Pool: No
  • Roof: Rock
  • Spa Yn: No

Garage/Parking

  • Covered Parking: 6
  • Parking Garage: Private Garage, Covered Parking
  • Total Parking: 6

Utilities

  • Heating: Electric, Radiant
  • Security: Gated

Schools

  • School District: Long Beach Unified

Lot Info

  • Assessed Improvement Percent: 67.74
  • Assessed Improvement Value: 310221
  • Assessed Land Percent: 32.26
  • Assessed Land Value: 147721
  • Total Assessed Value: 457942
  • Assessor Parcel Number: 7208-011-010
  • Lot Size Area: 6632

Rental Info

  • Owner Pays: Water, Gardener
  • Rent Control: Yes
  • Tenant Pays: Gas, Electricity

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 13.34
  • Number Of Units: 9
  • Rent Control: 100
  • Total Annual Expense: 48523
  • Type Of Units: Multi
  • Vacancy Allow: 0
  • Vacancy Allow Percent: 0.00
  • Vacancy Rate: Leased

MLS Schools

  • School District: Long Beach Unified

Similar Homes in Long Beach, CA

  • 2321 Locust Ave, Long Beach, CA 90806

    $1,699,000

    • 9 Beds
    • 5,737 Sq Ft
    • 2321 Locust Ave
    • Long Beach, CA

    Welcome to the beautifully renovated triplex nestled in the heart of Long Beach, just minutes from the iconic Ocean Blvd and Pacific Shoreline. This rare investment opportunity offers PAID SOLAR three fully upgraded units blending modern with coastal charm. Unit (1) 4 bed / 2bath, Unit (2) 2bed/1 bath and Unit (3) 3bed/2bath all features updated kitchens, bathrooms, lighting, flooring,

    Melissa Flores Synergy Real Estate

    Section Image
  • 2246 Earl Ave, Long Beach, CA 90806

    $1,300,000

    • 11 Beds
    • 9 Baths
    • 4,516 Sq Ft
    • 2246 Earl Ave
    • Long Beach, CA

    Prime Investment Opportunity With High Income in a Desirable Long Beach Location. Don't miss this chance to own this high performing 4+ units in one of most sought-after neighborhood. This well-maintained quadruplex offers strong rental income and an unbeatable location, ideal for both investors and first time buyers. The front building is a stand-alone home with its own front-yard and driveway,

    Rosi Ueng Treelane Realty Group Inc.

    Section Image
  • 2533 Eucalyptus Ave, Long Beach, CA 90806

    $1,775,000

    • 8 Beds
    • 5 Baths
    • 4,196 Sq Ft
    • 2533 Eucalyptus Ave
    • Long Beach, CA

    Brand-new construction meets vintage charm in this fully occupied, income-producing Long Beach fourplex bringing in $12,300/month. This fully upgraded four-unit property blends character and modern comfort in a highly accessible Long Beach location. The front unit showcases a vibrant and inviting design with arched doorways, original hardwood flooring, and a bright, open layout. The updated

    Shannon Paul Zaia Estates

    Section Image
  • 1922 Locust Ave, Long Beach, CA 90806

    $1,700,000

    • 8 Beds
    • 8 Baths
    • 4,732 Sq Ft
    • 1922 Locust Ave
    • Long Beach, CA

    7.32% Cap Rate and a 9.52 GRM, 1922 Locust Ave, is an 8-unit apartment building located in the South Wrigley submarket of Long Beach. Priced at just $212k/unit, this investment offers a compelling mix of immediate cash flow and long-term upside in a rapidly developing market. The property is comprised of (8) 1-Bed/1-Bath units, with five recently remodeled. Three units are currently vacant and

    Ryan Versfelt Lyon Stahl Investment Real Estate, Inc.

    Section Image
  • 1980 Chestnut Ave, Long Beach, CA 90806

    $1,200,000

    • 8 Beds
    • 4 Baths
    • 3,534 Sq Ft
    • 1980 Chestnut Ave
    • Long Beach, CA

    Price Improvement.Great rental areas, 4 units in total. Four 2 bedroom 1 bath units. Tenants pay electrical and gas. NOTE: Seller does not intend a 1031 tax deferred exchange. Shows Great, Almost no deferred maintenance.

    Derrick Coleman D & D Properties

    Section Image
  • 1509 E 20th St, Long Beach, CA 90806

    $1,150,000

    • 9 Beds
    • 5 Baths
    • 3,140 Sq Ft
    • 1509 E 20th St
    • Long Beach, CA

    4-PLEX RECENTLY RENOVATED 3 OF THE 4 UNITS. TONS OF POTENTIAL TO MAKE THIS PROPERTY CASH FLOW FROM DAY 1. FRONT 4 BEDROOM / 2 BATHROOM HOUSE AND THEN 2ND SEPARATE CONSISTING OF 3 UNITS. 2- 2 BEDROOM/1 BATHROOM AND 1- 1 BEDROOM/1 BATHROOM. BUILDING SIDE BY SIDE. ALL 4 UNITS SEPARATELY METERED FOR GAS AND ELECTRIC. 3 GARAGES IN BACK AND UP TO 6 CARS IN THE FRONT! TONS OF PARKING. GREAT RENTAL

    Kristina Moore The Moore Group

    Section Image
  • 1224 E 17th St, Long Beach, CA 90813

    $1,750,000

    • 11 Beds
    • 6 Baths
    • 5,016 Sq Ft
    • 1224 E 17th St
    • Long Beach, CA

    HUGE PRICE REDUCTION! Great opportunity to own a great income producing 5-units investment property in the center of Long Beach, CA! Tax record shows as 4 units but currently has 5 units. This 2 building property sits on a huge 7,790 SF lot and 5,016 SF living area. Property has (4) 2 bedrooms/1baths units and a separate (1) 3 bedroom/2 baths fully remodeled unit in the back above 6 garages. All

    Sophea Pel RE/MAX College Park Realty

    Section Image
  • 911 E 10th St, Long Beach, CA 90813

    $1,199,900

    • 8 Beds
    • 4 Baths
    • 3,200 Sq Ft
    • 911 E 10th St
    • Long Beach, CA

    Fantastic Investment Opportunity Just Outside Downtown Long Beach! Welcome to 911 E. 10th St., a well-maintained 4-unit multifamily property located just minutes from the heart of Downtown Long Beach. Each of the four units features a 2-bedroom, 1-bathroom layout—ideal for steady rental income or multi-generational living. Every unit includes interior laundry hookups for added convenience, and

    Juan Huizar Sage Real Estate Group, Inc.

    Section Image
  • 1426 Rose Ave, Long Beach, CA 90813

    $1,490,000

    • 12 Beds
    • 8 Baths
    • 4,676 Sq Ft
    • 1426 Rose Ave
    • Long Beach, CA

    Good residential Income property. Located in a high demanding rental part of Long Beach City. Property is locating couple miles to the beach. Cal State Long Beach, 18 Golf Course, VA Hospital is near by. Property has a large four units: each units is 3Beds and 2 Baths. Located to near by shopping and walking distance to restaurant and public transportation.

    Daniel Ho Triumph Real Estate Solutions

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2025 02/20/25 Sold $1,470,000 -26.3% $238 / Sq Ft
11/15/2024 11/15/24 Pending -- -- --
10/23/2024 10/23/24 For Sale $1,995,000 -- $323 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 24-455767

The MLS