$1,450,000

Estimated payment $8,892/month

Total Views 367
9 Beds
4 Baths
3,301 Sq Ft
$439 Price per Sq Ft

Highlights

  • Popular Property
  • Laundry Room
  • Wall Furnace
  • No HOA

About This Home

Exceptional 4-unit property on a cul-de-sac with plenty of street parking on both sides of the street, plus individual 1-car garage per unit, alley access. Well maintained property fully rented. Downstairs, unit A, 3+1, renting for $2,600; unit B, 3+1, renting for $2,800. Upstairs, unit C, 1+1, renting for $1,875; unit D, 2+1, renting for $2,550. Community laundry room. Front lawn. Property has undergone many updates since purchased back in 2019: sewer line, plumbing, flooring, paint, roof, upper unit railing, laundry room electrical, new gate to alley. Quick access to 91 freeway.

Listing Agent

Elena Moric

The Realestate Group Brokerage Phone: 310 869-3649 License #01494643 Listed on: 12/22/2025

The Realestate Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956

Lot Details

  • 6,016 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Apartment
  • Asphalt Roof

Interior Spaces

  • 3,301 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 4 Bathrooms

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 19122
  • Assessor Parcel Number 7120017028
  • $879 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
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Electric Expense $3,820
  • Gardener Expense $1,550
  • Insurance Expense $8,070
  • Trash Expense $5,560
  • Water Sewer Expense $5,215
  • New Taxes Expense $18,125
  • Operating Expense $42,340
  • Net Operating Income $69,811

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: North Long Beach (NLB)
  • View: No
  • Water Sewer Expenses: 5215.00
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 1550.00
  • Parcel Number: 7120017028
  • Year Built: 1956
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 439.26

Exterior Features

  • Pool Private: No
  • Roof: Asphalt
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 5560.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size: 6014
  • Lot Size Sq Ft: 6016.00
  • Lot Size Acres: 0.1381

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 3820.00
  • Gross Scheduled Income: 115620.00
  • Insurance Expense: 8070.00
  • Lot Size Area: 6016.0000 Square Feet
  • Net Operating Income: 69811.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 36.60
  • Rent Control: No
  • Total Actual Rent: 9825.00
  • Total Expenses: 42340.00

Tax Info

  • New Taxes Expense: 18125.00
  • Tax Lot: 5
  • Tax Tract Number: 19122
  • TaxOtherAnnualAssessmentAmount: 879.00

Map

Range of Values:

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Value Increase
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Adjusted for Inflation
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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 $15,528 $1,203,006 $437,456 $765,550
2024 $15,528 $1,179,419 $428,879 $750,540
2023 $15,267 $1,156,294 $420,470 $735,824
2022 $14,334 $1,133,623 $412,226 $721,397
2021 $13,985 $1,106,344 $399,092 $707,252
2020 $13,948 $1,095,000 $395,000 $700,000
2019 $10,827 $829,000 $400,000 $429,000
2018 $8,064 $612,000 $306,000 $306,000
2016 $6,293 $491,361 $250,775 $240,586
2015 $6,050 $483,982 $247,009 $236,973
2014 $6,036 $474,503 $242,171 $232,332
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/22/2025 12/22/25 For Sale $1,450,000 0.0% $439 / Sq Ft
11/05/2024 11/05/24 For Rent $2,550 -1.9% --
11/05/2024 11/05/24 For Rent $2,600 +2.0% --
10/08/2024 10/08/24 Off Market $2,550 -- --
10/08/2024 10/08/24 Off Market $2,600 -- --
12/05/2019 12/05/19 Sold $1,095,000 -4.8% $332 / Sq Ft View Prior Sale
10/16/2019 10/16/19 Pending -- -- --
07/24/2019 07/24/19 For Sale $1,150,000 +38.7% $348 / Sq Ft
08/31/2018 08/31/18 Sold $828,900 -0.4% $251 / Sq Ft View Prior Sale
08/16/2018 08/16/18 For Sale $832,000 0.0% $252 / Sq Ft
06/08/2018 06/08/18 Pending -- -- --
05/23/2018 05/23/18 For Sale $832,000 +170.1% $252 / Sq Ft
02/21/2012 02/21/12 Sold $308,000 -6.2% $93 / Sq Ft View Prior Sale
01/18/2012 01/18/12 Pending -- -- --
01/11/2012 01/11/12 For Sale $328,500 -- $100 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed -- Old Republic Title Company
Warranty Deed $1,095,000 Old Republic Title Company
Interfamily Deed Transfer -- Servicelink
Grant Deed $829,000 Servicelink Title Company
Trustee Deed $675,000 Accommodation
Grant Deed -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Ticor Title Company
Interfamily Deed Transfer -- Ticor Title Company
Interfamily Deed Transfer -- Ticor Title Company
Grant Deed $392,000 Orange Coast Title
Interfamily Deed Transfer -- Stewart Title Of Ca Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $650,000 New Conventional
Previous Owner $637,500 New Conventional
Previous Owner $629,000 Purchase Money Mortgage
Previous Owner $552,500 New Conventional
Previous Owner $352,800 Purchase Money Mortgage
Previous Owner $251,250 No Value Available
Closed $39,200 No Value Available
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB25256964

California Regional Multiple Listing Service (CRMLS)

APN: 7120-017-028