309 E Louise St Long Beach, CA 90805
Dairy NeighborhoodEstimated payment $4,986/month
Highlights
- No HOA
- Wall Furnace
- 1-Story Property
- Laundry Room
- Front Yard
- 3-minute walk to Grace Park
About This Home
Best-Priced Fourplex in Long Beach!
Don't miss this exceptional investment opportunity in the heart of North Long Beach. This well-priced fourplex features four one-bedroom, one-bathroom units, each offering a spacious living room, a cozy kitchen, and access to a large lot with a long driveway. One of the units has been recently remodeled, adding extra value and appeal.
The property also includes a detached garage and offers plenty of on-site parking. Centrally located near Adams Elementary School, shopping centers, parks, and with convenient access to the 710 and 91 freeways, this property is ideal for investors or owner-occupants alike.
A must-see opportunity with great potential. Schedule your viewing today!
Listing Agent
KC Realty Group Brokerage Email: reoagent11@gmail.com License #01706876 Listed on: 10/17/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1949
Lot Details
- 6,179 Sq Ft Lot
- No Common Walls
- Front Yard
Parking
- 2 Car Garage
Home Design
- Quadruplex
- Entry on the 1st floor
- Fixer Upper
Interior Spaces
- 2,562 Sq Ft Home
- 1-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Bathrooms
Utilities
- Wall Furnace
- Private Water Source
- Septic Type Unknown
Listing and Financial Details
- Tax Lot 1046
- Tax Tract Number 5134
- Assessor Parcel Number 7126032011
- $842 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 4 Units
- North Long Beach Subdivision
Amenities
- Laundry Facilities
Building Details
- 4 Leased Units
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $2,500
- Water Sewer Expense $2,500
- Operating Expense $4,500
- Net Operating Income $56,400
Map
Home Values in the Area
Average Home Value in this Area
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 | $10,966 | $943,500 | $433,500 | $510,000 |
| 2024 | $10,966 | $821,577 | $564,034 | $257,543 |
| 2023 | $10,777 | $805,469 | $552,975 | $252,494 |
| 2022 | $18,622 | $789,677 | $542,133 | $247,544 |
| 2021 | $12,022 | $774,194 | $531,503 | $242,691 |
| 2019 | $9,771 | $751,234 | $515,740 | $235,494 |
| 2018 | $9,442 | $736,505 | $505,628 | $230,877 |
| 2016 | $8,687 | $707,907 | $485,995 | $221,912 |
| 2015 | $8,341 | $697,274 | $478,695 | $218,579 |
| 2014 | $8,293 | $683,617 | $469,319 | $214,298 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/03/2025 11/03/25 | Pending | -- | -- | -- |
| 10/17/2025 10/17/25 | For Sale | $775,000 | -- | $302 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $638,000 | Chicago Title Co | |
| Grant Deed | $619,000 | Orange Coast Title | |
| Grant Deed | $600,000 | Orange Coast Title | |
| Grant Deed | $143,500 | Fidelity National Title Ins | |
| Interfamily Deed Transfer | -- | Fidelity National Title Ins | |
| Trustee Deed | $184,599 | Fidelity National Title Ins |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $510,400 | Purchase Money Mortgage | |
| Previous Owner | $557,100 | Negative Amortization | |
| Previous Owner | $570,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $136,325 | No Value Available |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW25241681
APN: 7126-032-011
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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