$1,580,000
SOLD MAY 13, 2026
5 Beds
3 Baths
3,552 Sq Ft
6,339 Sq Ft Lot Lot

Sale Details

Date Sold: May 13, 2026

$445 Per Sq Ft

4% Below List Price

13 Days on Market

Highlights

  • Private Yard
  • Park
  • Bike Trail
  • Lowell Elementary School Rated A-
  • Landscaped

About This Home

As of May 2026

***** EXCEPTIONAL OPPORTUNITY FOR SAVVY INVESTORS ***** .. don't miss this opportunity .. .. .. Rare Belmont Heights triplex just blocks from the ocean. Excellent value-add opportunity in one of Long Beach’s most desirable coastal neighborhoods. Property offers a strong unit mix with a 2-bedroom plus an Office and 2-bedroom unit in the front, a detached 1-bedroom unit in the rear. Each unit has its own single-car garage. Property hos tons of potential presenting an excellent value-add opportunity for investors or owner-users looking to create upside potential through renovation and rent growth. Prime location near Belmont Shore dining, shopping, and major

Last Agent to Sell the Property

Frank Agahi

Associated Realtors Brokerage Email: FrankAgahi@yahoo.com License #00846805 Listed on: 04/09/2026

Associated Realtors

Last Buyer's Agent

Adam Loucks

Balboa Real Estate, Inc License #01905775

Balboa Real Estate, Inc

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 6,339 Sq Ft Lot
  • Two or More Common Walls
  • Landscaped
  • Private Yard
  • Front Yard

Parking

  • 3 Car Garage

Home Design

  • Triplex
  • Entry on the 1st floor

Interior Spaces

  • 3,552 Sq Ft Home
  • 2-Story Property
  • Laundry in unit

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Location

  • Urban Location

Listing and Financial Details

  • Legal Lot and Block 10 / 6
  • Assessor Parcel Number 7250030010
  • $767 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Belmont Heights Subdivision

Amenities

  • Laundry Facilities

Recreation

  • Park
  • Bike Trail

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,896
  • Insurance Expense $2,385
  • Maintenance Expense $2,632
  • Professional Management Expense $5,879
  • Trash Expense $1,244
  • Water Sewer Expense $1,176
  • Operating Expense $12,827
  • Gross Income $99,600
  • Net Operating Income $86,772

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

6,339 Sq Ft Lot

Parking

3

Listing Details

  • CapRate: 6.00
  • Professional Management Expense: 5879.00
  • Property Attached: Yes
  • Subdivision Name Other: Belmont Heights (BH)
  • Water Sewer Expenses: 1176.00
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Gardener Expense: 1896.00
  • Parcel Number: 7250030010
  • Year Built: 1923
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 444.82

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 1244.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Gutters, Curbs, Biking, Street Lights, Urban, Storm Drains, Sidewalks, Park

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Front Yard, Yard
  • Lot Size Sq Ft: 6339.00
  • Lot Size Acres: 0.1455

Multi Family

  • Gross Income: 99600.00
  • Gross Scheduled Income: 99600.00
  • Insurance Expense: 2385.00
  • Lot Size Area: 6339.0000 Square Feet
  • Maintenance Expense: 2632.00
  • Net Operating Income: 86772.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 12828.00
  • Rent Control: No
  • Total Expenses: 12827.00

Tax Info

  • Tax Block: 6
  • Tax Lot: 10
  • Tax Tract Number: 9999
  • TaxOtherAnnualAssessmentAmount: 767.00

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2026
Closed on
Apr 30, 2026
Sold by
Bought by
Seller's Agent
Frank Agahi
Associated Realtors
Buyer's Agent
Adam Loucks
Balboa Real Estate, Inc
List Price
$1,650,000
Sold Price
$1,580,000
Premium/Discount to List
-$70,000
-4.24%
Views
13

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
602.50%
Original Mortgage
$1,532,500
Outstanding Balance
$1,532,500
Interest Rate
6.46%
Mortgage Type
Construction
Estimated Equity
$314,167

Purchase Details

Closed on
Aug 9, 2016
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 4, 2016
Sold by
Bought by

Purchase Details

Closed on
Feb 9, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
7.5%

Purchase Details

Closed on
Jul 21, 1995
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

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 Type Sale Price Title Company
Grant Deed $1,580,000 Lawyers Title Company
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- Fidelity National Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Fidelity National Title Co
Interfamily Deed Transfer -- Old Republic Title Company
Warranty Deed $10,000 --
Source: Public Records

Mortgage 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 Status Loan Amount Loan Type
Open $1,532,500 Construction
Previous Owner $417,000 New Conventional
Previous Owner $500,000 New Conventional
Previous Owner $385,000 No Value Available
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
05/13/2026 05/13/26 Sold $1,580,000 -4.2% $445 / Sq Ft
04/22/2026 04/22/26 Pending -- -- --
04/09/2026 04/09/26 For Sale $1,650,000 -- $465 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $2,280 $113,201 $69,838 $43,363
2024 $2,160 $110,982 $68,469 $42,513
2023 $2,121 $108,807 $67,127 $41,680
2022 $2,015 $106,674 $65,811 $40,863
2021 $1,949 $104,583 $64,521 $40,062
2020 $1,943 $103,512 $63,860 $39,652
2019 $1,923 $101,483 $62,608 $38,875
2018 $1,779 $99,494 $61,381 $38,113
2017 $1,761 $97,544 $60,178 $37,366
2016 $1,620 $95,633 $58,999 $36,634
2015 $1,569 $94,197 $58,113 $36,084
2014 $1,578 $92,353 $56,975 $35,378
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC26076488

California Regional Multiple Listing Service (CRMLS)

APN: 7250-030-010

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