3519 E Colorado St Long Beach, CA 90814
Belmont Heights NeighborhoodHighlights
- 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
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
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 |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,075,000 | Ticor Title Company |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW26007170
APN: 7257-016-022
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Ask me questions while you tour the home.