$1,447,500
$3K PRICE DROP

Estimated payment $9,747/month

Total Views 6,407
-- Bed
8 Baths
3,714 Sq Ft
$390 Price per Sq Ft

About This Home

PRICED TO SELL AT 9.7 GRM. 8 units (all studios) in Long Beach NOT subject to local rent control, only subject to AB 1482 rent control - maximum annual increase of 5% + CPI (currently 8.0%). NO Local Rent Control in Long Beach. Located on a beautiful, quiet, tree lined street just blocks from Downtown Long Beach. All units have been updated including new kitchens, baths and paint. Electrical subpanels were updated in 2024. The main panel is 200 AMPS (Buyer to verify). The property is professionally managed and well maintained. All units have W/Ds in them. There is no onsite parking, but there is a lot of street parking. Qualified Buyers can put down as little as 25% with excellent bank financing. EMAIL LISTING AGENT FOR MORE INFO INCLUDING A RENT ROLL AND OM.

Listing Agent

Jon Swire

The Agency License #01336277 Listed on: 04/13/2026

The Agency

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Interior Spaces

  • 8 Bathrooms
  • 3,714 Sq Ft Home
  • 2-Story Property

Additional Features

  • 2,400 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 8 Units

Listing and Financial Details

  • Assessor Parcel Number 7272-019-004

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

2,400 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 3714
  • Lot Acreage: 0.0551
  • Stories: 2
  • Year Built: 1923
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 8.00
  • Price Per S Q F T: 389.74

Exterior Features

  • Other Structures: None

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 34.91
  • Assessed Improvement Value: 592338
  • Assessed Land Percent: 65.09
  • Assessed Land Value: 1104362
  • Total Assessed Value: 1696700
  • Assessor Parcel Number: 7272-019-004
  • Lot Size Area: 2400

Multi Family

  • Unit Type: 2106
  • Gross Rent Multiplier: 9.76
  • Number Of Units: 8
  • Type Of Units: Income

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $22,958 $1,696,700 $1,104,362 $592,338
2024 $21,960 $1,663,432 $1,082,708 $580,724
2023 $21,579 $1,630,817 $1,061,479 $569,338
2022 $20,251 $1,598,841 $1,040,666 $558,175
2021 $19,838 $1,567,492 $1,020,261 $547,231
2019 $12,227 $916,672 $593,028 $323,644
2018 $11,939 $898,720 $581,400 $317,320
2016 $8,740 $667,919 $465,990 $201,929
2015 $8,404 $657,887 $458,991 $198,896
2014 $8,380 $645,000 $450,000 $195,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/21/2026 04/21/26 Price Changed $1,447,500 0.0% $390 / Sq Ft
04/13/2026 04/13/26 For Sale $1,447,700 0.0% $390 / Sq Ft
04/08/2026 04/08/26 Pending -- -- --
03/30/2026 03/30/26 Price Changed $1,447,700 0.0% $390 / Sq Ft
03/23/2026 03/23/26 Price Changed $1,448,000 -0.1% $390 / Sq Ft
03/13/2026 03/13/26 Price Changed $1,449,000 -0.1% $390 / Sq Ft
01/06/2026 01/06/26 For Sale $1,450,000 -4.7% $390 / Sq Ft
02/22/2019 02/22/19 Sold $1,521,000 -1.9% $410 / Sq Ft View Prior Sale
12/28/2018 12/28/18 Pending -- -- --
12/27/2018 12/27/18 Price Changed $1,550,000 -4.3% $417 / Sq Ft
11/13/2018 11/13/18 Price Changed $1,620,000 -5.8% $436 / Sq Ft
11/06/2018 11/06/18 For Sale $1,720,000 +95.5% $463 / Sq Ft
07/31/2016 07/31/16 Sold $880,000 0.0% $237 / Sq Ft View Prior Sale
06/15/2016 06/15/16 Pending -- -- --
06/02/2016 06/02/16 For Sale $880,000 +36.4% $237 / Sq Ft
09/09/2013 09/09/13 Sold $645,000 -0.8% $174 / Sq Ft View Prior Sale
08/01/2013 08/01/13 Pending -- -- --
01/15/2013 01/15/13 For Sale $650,000 -- $175 / Sq Ft
Source: The MLS

Source: The MLS

MLS Number: 26633867

The MLS
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