$1,395,000

Estimated payment $9,047/month

5 Beds
5 Baths
2,551 Sq Ft
$547 Price per Sq Ft

Highlights

  • No HOA
  • 3 Car Garage
  • 1-Story Property
  • Wilson High School Rated A
  • Laundry Facilities
  • 3-minute walk to Plaza Zaferia

About This Home

The Wilton Courtyard is a 5-unit multifamily property located at 3245 E Wilton Street in Long Beach’s Eastside submarket. The property offers the potential to add three ADU units, providing an opportunity to expand the existing 5-unit property to 8 total units, subject to applicable permits and construction. The property is being offered for sale individually or in combination with the adjacent property. Conveniently located near Belmont Shore, 2nd Street, Retro Row, Broadway, and Downtown Long Beach, with nearby access to restaurants, retail, entertainment, parks, recreation, and the coast. The property also offers convenient access to the 405 and 710 Freeways, providing connectivity throughout Long Beach, Los Angeles, and Orange County.

Listing Agent

Pat Swanson

Pat Swanson Brokerage Phone: 213-864-2862 License #01382974 Listed on: 08/24/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 6,751 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 3 Car Garage
  • Parking Available

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 2,551 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 7259004007
  • $1,019 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 5 Units
  • Circle Subdivision

Amenities

  • Laundry Facilities

Building Details

  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 6 Separate Water Meters
  • Electric Expense $360
  • Insurance Expense $4,464
  • Maintenance Expense $3,000
  • Trash Expense $1,609
  • Water Sewer Expense $1,609
  • New Taxes Expense $17,704
  • Operating Expense $33,654
  • Gross Income $110,993
  • Net Operating Income $74,009

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

6,751 Sq Ft Lot

Parking

3

Listing Details

  • CapRate: 5.31
  • Property Attached: No
  • Subdivision Name Other: Circle (CA)
  • Water Sewer Expenses: 1608.50
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 7259004007
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 546.84

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 1608.50
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6751.00
  • Lot Size Acres: 0.1550

Rental Info

  • Tenant Pays: Gas, Electricity

Multi Family

  • Average1 Bed Area: 510 Square Feet
  • Electric Expense: 360.00
  • Garage Income: 4050.00
  • Gross Income: 110993.00
  • Gross Multiplier: 13.13
  • Gross Scheduled Income: 106223.00
  • Insurance Expense: 4464.00
  • Laundry Income: 720.00
  • Lot Size Area: 6751.0000 Square Feet
  • Maintenance Expense: 3000.00
  • Net Operating Income: 74009.00
  • Number Of Rented Garages: 3
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 6
  • Number Of Units Total: 5
  • Operating Expense: 33654.00
  • Rent Control: No
  • Total Expenses: 33654.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 17704.00
  • Tax Lot: 6
  • TaxOtherAnnualAssessmentAmount: 1019.00

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
08/24/2026 08/24/26 For Sale $1,395,000 -- $547 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC26185530

California Regional Multiple Listing Service (CRMLS)
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