David Feldberg
Coastal Real Estate Group
(949) 989-5690
57 Total Sales
2 in Zaferia
$660,000 Price Range
We are proud to present a prime multifamily investment opportunity located in the heart of the vibrant Zaferia Design District. This well-positioned asset offers unbeatable access to local staples such as Joe Jost’s, the Traffic Circle, Recreation Park, and more. The property features a desirable unit mix consisting of one spacious 2-bedroom/1-bath unit and four well-maintained 1-bedroom/1-bath units, appealing to a broad and stable tenant base. Financial performance is strong, with a current CAP rate of 5.37% and a 11.09 GRM—both projected to improve to a 6.36% CAP and 9.91 GRM following scheduled rent increases. With five dedicated parking spaces and an unbeatable location, this property offers a rare blend of consistent income, future upside, and long-term value in one of Long Beach’s most dynamic neighborhoods.
Last Agent to Sell the Property
Lyon Stahl Investment Real Estate, Inc. Brokerage Phone: 310-403-9145 License #01944770 Listed on: 07/28/2025
Co-Listed By
Lyon Stahl Investment Real Estate, Inc. Brokerage Phone: 310-403-9145 License #01981597
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
David Feldberg
Coastal Real Estate Group
(949) 989-5690
57 Total Sales
2 in Zaferia
$660,000 Price Range
Rainer Pedraz
KELLER WILLIAMS REALTY COLLEGE PARK
(424) 371-7853
42 Total Sales
2 in Zaferia
$825,000 Price Range
Richard Gaylord
Re/Max R. E. Specialists
(424) 300-8259
25 Total Sales
1 in Zaferia
$1,050,000 Price
Vanessa Velardez
Coldwell Banker Residential Br
(424) 242-1252
24 Total Sales
2 in Zaferia
$465,000 Price Range
Dave Shorter
David Shorter, Broker
(562) 418-5957
37 Total Sales
1 in Zaferia
$415,555 Price
Cyrus Mohseni
The Keystone Team
(657) 341-0810
185 Total Sales
1 in Zaferia
$625,000 Price
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $982,000 | First American Title Company | ||
| $1,285,000 | Commonwealth Land Title | ||
| $360,000 | Ticor Title Company Of Ca | ||
| -- | First American Title |
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 | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $885,000 | ||
| Previous Owner | $438,750 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 12/08/2025 12/08/25 | Sold | $982,000 | -6.5% | $295 / Sq Ft | |
| 11/19/2025 11/19/25 | Pending | -- | -- | -- | |
| 10/22/2025 10/22/25 | Price Changed | $1,050,000 | -4.5% | $315 / Sq Ft | |
| 10/01/2025 10/01/25 | For Sale | $1,100,000 | +12.0% | $330 / Sq Ft | |
| 09/25/2025 09/25/25 | Off Market | $982,000 | -- | -- | |
| 07/28/2025 07/28/25 | For Sale | $1,100,000 | -14.4% | $330 / Sq Ft | |
| 07/29/2021 07/29/21 | Sold | $1,285,000 | +2.8% | $386 / Sq Ft | View Prior Sale |
| 05/05/2021 05/05/21 | Pending | -- | -- | -- | |
| 04/26/2021 04/26/21 | For Sale | $1,250,000 | +247.2% | $375 / Sq Ft | |
| 02/07/2012 02/07/12 | Sold | $360,000 | -9.8% | $108 / Sq Ft | View Prior Sale |
| 01/25/2012 01/25/12 | Pending | -- | -- | -- | |
| 12/19/2011 12/19/11 | For Sale | $399,000 | -- | $120 / Sq Ft |
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 | $18,433 | $1,363,651 | $636,724 | $726,927 |
| 2024 | $17,633 | $1,336,914 | $624,240 | $712,674 |
| 2023 | $17,335 | $1,310,700 | $612,000 | $698,700 |
| 2022 | $16,275 | $1,285,000 | $600,000 | $685,000 |
| 2021 | $5,918 | $417,737 | $301,701 | $116,036 |
| 2020 | $5,902 | $413,955 | $298,608 | $115,347 |
| 2019 | $5,835 | $405,849 | $292,753 | $113,096 |
| 2018 | $5,592 | $397,902 | $287,013 | $110,889 |
| 2016 | $5,143 | $381,972 | $275,869 | $106,103 |
| 2015 | $4,950 | $376,236 | $271,726 | $104,510 |
| 2014 | $4,941 | $368,867 | $266,404 | $102,463 |
Seller's Agent in 2025
Stephen Takahashi
Lyon Stahl Investment Real Estate, Inc.
(310) 403-9145
4 in this area
101 Total Sales
Seller Co-Listing Agent in 2025
Johnnie Stiegler
Lyon Stahl Investment Real Estate, Inc.
(310) 606-0939
4 in this area
102 Total Sales
Buyer's Agent in 2025
Prashant Sampat
Pacific Avenue Realty
(562) 841-0227
1 in this area
204 Total Sales
Seller's Agent in 2021
Pat Swanson
Pat Swanson
(213) 864-2862
53 Total Sales
Seller's Agent in 2012
Robert Castaneda
RE/MAX
(714) 448-0007
29 Total Sales
D
Buyer's Agent in 2012
Daron Case
RE/MAX
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB25165993
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