NOT LISTED FOR SALE
14 Beds
10 Baths
8,945 Sq Ft
7,506 Sq Ft Lot

Sale Details

Date Sold: October 3, 2025

Last sale price $2,590,000 $290 Per Sq Ft

202 Days on Market

About This Home

As of October 2025

PRICED REDUCED AND READY TO SELL. 10.7 GRM and 6.2% CAP against in place rents. 10 units located blocks from Downtown Long Beach where over $8BB in Redevelopment is happening. Subject to AB 1482 Rent Control (5% + CPI increases). 3 structures on a the lot. All units have been heavily remodeled with new kitchens, baths, flooring and W/D's. 10.7 GRM and 6.2% CAP and only $302/SF. Property has new windows, landscaping, lighting and garage doors and is professionally managed. Electrical was redone in 2020. All units have W/D's in them. 4 garages with additional parking for 4 cars outside. Garages are leased for $675/month total. EMAIL LISTING AGENT FOR MORE INFO INCLUDING A RENT ROLL AND OM.

Last Agent to Sell the Property

Jon Swire

The Agency License #01336277 Listed on: 01/30/2025

The Agency

Last Buyer's Agent

Tyler Leeson

Marcus & Millichap RE Invest License #01451551

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1929

Lot Details

  • 7,506

Parking

  • 4 Open Parking Spaces
  • 4 Car Garage
  • Assigned Parking

Interior Spaces

  • 8,945 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 10 Bathrooms

Additional Features

  • 7,506 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 8 Units

Listing and Financial Details

  • Assessor Parcel Number 7272-019-009

Property Details

Home Type

Multi-Family

Year Built

Built in 1929

Lot Details

7,506 Sq Ft Lot

Parking

4

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 8945
  • Lot Acreage: 0.1723
  • Stories: 2
  • Year Built: 1929
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 14
  • Total Bathrooms: 10.00
  • Price Per S Q F T: 301.73

Exterior Features

  • Other Structures: None

Garage/Parking

  • Garage Spaces: 4
  • Other Spaces: 4
  • Parking Garage: Assigned
  • Total Parking: 8

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 35.12
  • Assessed Improvement Value: 1183246
  • Assessed Land Percent: 64.88
  • Assessed Land Value: 2186088
  • Total Assessed Value: 3369334
  • Assessor Parcel Number: 7272-019-009
  • Lot Size Area: 7506

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 10.70
  • Number Of Units: 8
  • Type Of Units: Income

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
Jan 30, 2025
Closed on
Sep 6, 2025
Sold by
Bought by
Seller's Agent
Jon Swire
The Agency
Buyer's Agent
Tyler Leeson
Marcus & Millichap RE Invest
List Price
$2,799,000
Sold Price
$2,590,000
Premium/Discount to List
-$209,000
-7.47%
Views
15

Purchase Details

Listed on
Jan 27, 2020
Closed on
Dec 17, 2020
Sold by
Bought by
Seller's Agent
Robert Stepp
Keller Williams Realty Downey
List Price
$3,300,000
Sold Price
$3,175,000
Premium/Discount to List
-$125,000
-3.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.22%
Original Mortgage
$2,381,250
Interest Rate
2.71%
Mortgage Type
Commercial

Purchase Details

Closed on
May 10, 2019
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
$1,465,000
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 1, 2008
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
$950,000
Interest Rate
6.41%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 23, 2005
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
$646,000
Interest Rate
5.87%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 22, 2003
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
$501,250
Interest Rate
6.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 20, 2003
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
$501,250
Interest Rate
6.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 17, 2003
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
$501,250
Interest Rate
6.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 13, 2002
Sold by
Bought by

Purchase Details

Closed on
Jan 3, 1996
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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 Buyer Sale Price Title Company
$2,590,000 Monarch Title
$3,175,000 Ticor Title
$2,430,000 Ticor Title Company Of Ca
-- Investors Title Glendale
$1,180,000 Alliance Title
$675,000 Commonwealth Land Title Co
-- North American
-- Commonwealth Land Title Co
-- --
-- --
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 Borrower Loan Amount
Previous Owner $2,381,250
Previous Owner $1,465,000
Previous Owner $1,000,000
Previous Owner $950,000
Previous Owner $646,000
Previous Owner $501,250
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 Prior Sale
10/03/2025 10/03/25 Sold $2,590,000 -4.0% $290 / Sq Ft
08/20/2025 08/20/25 Pending -- -- --
08/04/2025 08/04/25 Price Changed $2,699,000 -1.8% $302 / Sq Ft
06/17/2025 06/17/25 Price Changed $2,749,000 -1.6% $307 / Sq Ft
05/27/2025 05/27/25 Price Changed $2,795,000 -0.1% $312 / Sq Ft
01/30/2025 01/30/25 For Sale $2,799,000 -11.8% $313 / Sq Ft
01/14/2021 01/14/21 Sold $3,175,000 0.0% $355 / Sq Ft View Prior Sale
11/17/2020 11/17/20 Pending -- -- --
08/27/2020 08/27/20 Off Market $3,175,000 -- --
01/27/2020 01/27/20 For Sale $3,300,000 -- $369 / 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 $45,892 $3,436,719 $2,229,809 $1,206,910
2024 $43,884 $3,369,334 $2,186,088 $1,183,246
2023 $43,145 $3,303,270 $2,143,224 $1,160,046
2022 $40,488 $3,238,500 $2,101,200 $1,137,300
2021 $31,685 $2,504,278 $1,628,296 $875,982
2020 $31,601 $2,479,400 $1,611,600 $867,800
2019 $19,670 $1,475,280 $810,965 $664,315
2018 $19,107 $1,446,369 $795,064 $651,305
2016 $16,054 $1,260,000 $695,900 $564,100
2015 $14,967 $1,200,000 $662,800 $537,200
2014 $13,974 $1,095,000 $604,800 $490,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 25491925

The MLS
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