NOT LISTED FOR SALE

Estimated Value: $2,251,962

9 Beds
9 Baths
6,065 Sq Ft
$371/Sq Ft Est. Value

Last Sold December 24, 2025

Last sale price $2,245,000 $370 Per Sq Ft

Current estimated payment $14,097/month

56 Days on Market

Highlights

  • Dual Staircase
  • Wood Flooring
  • No HOA
  • Woodrow Wilson High School Rated A
  • Corner Lot
  • Side by Side Parking

About This Home

As of December 2025

Prime Bluff Park 9-Unit Investment – Blocks from the Ocean
Exceptional opportunity - 9 residential units in the highly sought-after Bluff Park-Historical neighborhood, just a short walk to the beach. Each spacious unit is full of character, featuring coved ceilings, hardwood floors, and built-in cabinetry. The property includes an inviting interior courtyard with mature plantain banana trees, adding to its charm. Separate gas and electric meters for each unit. Close to parks, shopping, dining, and public transportation. A rare chance to acquire a well-maintained property in one of Long Beach’s most desirable coastal communities.

Last Agent to Sell the Property

Janet Lee

Pabst, Kinney & Associates Brokerage Email: janetklee77@yahoo.com License #01009485 Listed on: 09/01/2025

Last Buyer's Agent

Spencer Pabst

Pabst, Kinney & Associates License #01849377

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922

Lot Details

  • 4,258 Sq Ft Lot
  • No Common Walls
  • Vinyl Fence
  • Wood Fence
  • Corner Lot
  • Irregular Lot
  • Sprinkler System
  • Density is 6-10 Units/Acre

Parking

  • 2 Car Garage
  • Parking Available
  • Side by Side Parking

Home Design

  • Entry on the 1st floor
  • Major Repairs Completed
  • Partial Copper Plumbing
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 6,065 Sq Ft Home
  • 2-Story Property
  • Dual Staircase
  • Ceiling Fan
  • Blinds
  • Window Screens
  • Wood Flooring
  • Laundry Room

Kitchen

  • Gas Range
  • Disposal

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 9 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Wall Furnace
  • Standard Electricity
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection
  • Legal Lot and Block 4 / Z
  • Tax Tract Number 577200
  • Assessor Parcel Number 7264003021
  • $1,000 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 9 Units
  • Belmont Heights Subdivision

Amenities

  • Laundry Facilities

Recreation

  • Bike Trail

Building Details

  • 8 Leased Units
  • Rent Control
  • 10 Separate Electric Meters
  • 10 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $600
  • Fuel Expense $700
  • Insurance Expense $5,000
  • Professional Management Expense $15,360
  • Trash Expense $900
  • Water Sewer Expense $900
  • Operating Expense $23,460
  • Gross Income $192,000
  • Net Operating Income $162,780

Property Details

Home Type

Multi-Family

Year Built

Built in 1922

Lot Details

4,258 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: 9 Stoves 9 Refrigerators 1 washer 1 dryer
  • Professional Management Expense: 15360.00
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Belmont Heights (BH)
  • View: No
  • Water Sewer Expenses: 900.00
  • Zoning: LBCNP
  • Property Condition: Repairs Major
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 7264003021
  • Year Built: 1922
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: 2 Staircases, Ceiling Fan(s), Copper Plumbing Partial
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 370.16
  • Window Features: Blinds, Screens

Exterior Features

  • Foundation: Concrete Perimeter
  • Exterior Features: Rain Gutters
  • Fence: Yes
  • Fencing: Vinyl, Wood
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Side by Side
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Range, Refrigerator
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 900.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre, Corner Lot, Irregular Lot, Sprinkler System
  • Lot Size Sq Ft: 4258.00
  • Lot Size Acres: 0.0978

Rental Info

  • Garage Rental Rate: 300.00
  • Tenant Pays: Electricity, Gas, Trash Collection

Multi Family

  • Electric Expense: 600.00
  • Fuel Expense: 700.00
  • Gross Income: 192000.00
  • Gross Operating Income: 186240.00
  • Gross Scheduled Income: 192000.00
  • Insurance Expense: 5000.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 4258.0000 Square Feet
  • Net Operating Income: 162780.00
  • Number Of Separate Electric Meters: 10
  • Number Of Separate Gas Meters: 10
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 8
  • Number Of Units Total: 9
  • Number With Range: 9
  • Number With Refrigerator: 9
  • Operating Expense: 23460.00
  • Rent Control: Yes
  • Total Actual Rent: 16000.00
  • Total Expenses: 23460.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • Tax Block: Z
  • Tax Census Tract: 5772.00
  • Tax Lot: 4
  • Tax Tract: Alamitos Tract
  • Tax Tract Number: 577200
  • TaxOtherAnnualAssessmentAmount: 1000.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2025
Closed on
Nov 20, 2025
Sold by
Gardner Ann Mari and Ann Mari Gardner Trust
Bought by
Hermann Family Trust and Hermann
Seller's Agent
Janet Lee
Pabst, Kinney & Associates
Buyer's Agent
Spencer Pabst
Pabst, Kinney & Associates
List Price
$2,750,000
Sold Price
$2,245,000
Premium/Discount to List
-$505,000
-18.36%
Views
6
Current Estimated Value
$2,251,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,962
Avg. Annual Appreciation
1.25%
Original Mortgage
$1,571,500
Outstanding Balance
$1,566,995
Interest Rate
6.24%
Mortgage Type
Seller Take Back
Estimated Equity
$684,967

Purchase Details

Closed on
Sep 10, 2024
Sold by
Clarence L Bevington Company Llc
Bought by
Jwk Investments Llc

Purchase Details

Closed on
May 21, 2004
Sold by
Gardner Ann Mari
Bought by
Gardner Ann Mari and Ann Mari Gardner Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Date Buyer Sale Price Title Company
Hermann Family Trust $2,245,000 Monarch Title
Jwk Investments Llc $6,500 None Listed On Document
Gardner Ann Mari -- Commonwealth
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hermann Family Trust $1,571,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/24/2025 12/24/25 Sold $2,245,000 -18.4% $370 / Sq Ft
10/27/2025 10/27/25 Pending -- -- --
09/01/2025 09/01/25 For Sale $2,750,000 -- $453 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW25195980

California Regional Multiple Listing Service (CRMLS)

APN: 7264-003-021

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