NOT LISTED FOR SALE
10 Beds
9 Baths
6,182 Sq Ft
6,632 Sq Ft Lot

Sale Details

Date Sold: February 20, 2025

Last sale price $1,470,000 $238 Per Sq Ft

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
  • Stone Roof

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

6,632 Sq Ft Lot

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
  • 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

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
  • Type Of Units: Multi
  • Vacancy Allow: 0
  • Vacancy Allow Percent: 0.00

MLS Schools

  • School District: Long Beach Unified
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $31,584 $2,340,900 $936,360 $1,404,540
2024 $30,214 $2,295,000 $918,000 $1,377,000
2023 $7,401 $457,942 $147,721 $310,221
2022 $6,986 $448,964 $144,825 $304,139
2021 $6,794 $440,162 $141,986 $298,176
2019 $6,697 $428,089 $137,776 $290,313
2018 $6,440 $419,715 $135,075 $284,640
2016 $5,913 $402,478 $129,831 $272,647
2015 $5,703 $396,433 $127,881 $268,552
2014 $5,713 $388,668 $125,376 $263,292
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-455767

The MLS
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