$1,996,000
Total Views 3,480
6 Beds
6 Baths
2,276 Sq Ft
$877 Price per Sq Ft

Highlights

  • Cooling Available
  • Woodrow Wilson High School Rated A
  • Laundry Room

About This Home

Turnkey Quadruplex in Belmont Heights | In-Unit Laundry | Prime Location. New-construction feel without the wait. Fully renovated 4 units, perfectly timed ahead of the 2028 Olympics. With 11 different sporting events and 161 ticketed events in Long Beach, imagine the need for housing. Located in the highly desirable Belmont Heights neighborhood, you are only 0.7 miles from the coastal rowing events and 1.4 miles from rowing and canoeing events. This property is in the middle of it all, within one of Long Beach’s most established rental corridors, designed for immediate performance and long-term upside. The unit mix includes (TWO) 2-bed/1-bath residences and (TWO) 1-bed/1-bath residences, each featuring in-unit laundry. Significant improvements include new plumbing and electrical, a new roof on the front building, upgraded kitchens and baths, new flooring, and refreshed landscaping. Current rental performance reflects approximately $14,500 in total monthly income, with one two-bedroom unit at $4,500 per month, the second at $4,000 per month, and each one-bedroom unit at $3,000 per month each. Located minutes from Belmont Shore, Retro Row, neighborhood grocery stores, dining, and convenient access to the 405 and 22 freeways, this asset combines everyday livability with strong rental fundamentals. Long-term growth potential is further supported by Long Beach’s continued infrastructure investment and proximity to upcoming regional demand drivers, including the 2028 Olympics.

Listing Agent

Shannon Paul

Equity Union Brokerage Phone: 562.685.9115 License #02039030 Listed on: 01/26/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 3,804 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Home Design

  • Quadruplex
  • Entry on the 1st floor

Interior Spaces

  • 2,276 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Utilities

  • Cooling Available

Listing and Financial Details

  • Legal Lot and Block 24 / 4
  • Tax Tract Number 577100
  • Assessor Parcel Number 7257016022
  • $600 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Electric Expense $802
  • Insurance Expense $1,380
  • Trash Expense $600
  • Water Sewer Expense $752
  • Operating Expense $3,534
  • Gross Income $174,000
  • Net Operating Income $170,466

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

3,804 Sq Ft Lot

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 752.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 7257016022
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 876.98

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 600.00
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 3804.00
  • Lot Size Acres: 0.0873

Multi Family

  • Electric Expense: 802.00
  • Gross Income: 174000.00
  • Gross Scheduled Income: 174000.00
  • Insurance Expense: 1380.00
  • Lot Size Area: 3804.0000 Square Feet
  • Net Operating Income: 170466.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Operating Expense: 3534.00
  • Rent Control: No
  • Total Expenses: 3534.00

Tax Info

  • Tax Block: 4
  • Tax Lot: 24
  • Tax Tract Number: 577100
  • TaxOtherAnnualAssessmentAmount: 600.00

Map

Range of Values:

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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 $14,342 $1,118,430 $728,280 $390,150
2024 $14,342 $1,096,500 $714,000 $382,500
2023 $3,449 $228,550 $87,059 $141,491
2022 $3,252 $224,069 $85,352 $138,717
2021 $3,174 $219,677 $83,679 $135,998
2020 $3,165 $217,905 $82,821 $135,084
2019 $3,129 $213,643 $81,198 $132,445
2018 $2,990 $209,464 $79,606 $129,858
2016 $2,751 $200,871 $76,516 $124,355
2015 $2,649 $197,855 $75,367 $122,488
2014 $2,647 $193,980 $73,891 $120,089
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/13/2026 03/13/26 For Sale $1,996,000 0.0% $877 / Sq Ft
02/26/2026 02/26/26 Off Market $1,996,000 -- --
01/26/2026 01/26/26 For Sale $1,996,000 +85.7% $877 / Sq Ft
06/14/2023 06/14/23 Sold $1,075,000 +8.0% $582 / Sq Ft View Prior Sale
05/11/2023 05/11/23 For Sale $995,000 -- $539 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,075,000 Ticor Title Company
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW26007170

California Regional Multiple Listing Service (CRMLS)

APN: 7257-016-022

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