$999,000

Estimated payment $6,526/month

4 Beds
4 Baths
2,240 Sq Ft
$446 Price per Sq Ft

Highlights

  • No HOA
  • Central Heating and Cooling System
  • Laundry Facilities
  • Los Cerritos Elementary School Rated A

About This Home

Positioned along a high-visibility stretch of Long Beach Boulevard between Bixby Knolls and California Heights, 3937 Long Beach Boulevard presents a versatile mixed-use investment opportunity with three separate units and multiple income and occupancy possibilities.
The property consists of three units: a spacious upstairs 2-bedroom, 2-bath residential unit, a ground-level 1-bedroom, 1-bath unit with two separate front entrances, and a ground-level 1-bedroom, 1-bath unit with a private side entrance. Units A and B are currently occupied by long-term residential tenants, providing immediate rental income, while Unit C will be delivered vacant, offering the new owner flexibility for future use.
The property's Community Commercial Auto-Oriented (LBCCA) zoning provides a range of potential commercial and residential opportunities, subject to City approval and verification. The vacant ground-floor Unit C offers an especially compelling opportunity for an owner-user, professional office, creative studio, personal-service business, or other permitted use, while also retaining the option to use the space as a residential rental.
Located directly on Long Beach Boulevard, the property benefits from excellent visibility and convenient access to major transportation corridors, including the 405 and 710 freeways, as well as Long Beach Airport. Its location places it within close proximity to the established businesses, restaurants, and community amenities of Bixby Knolls and California Heights.
For an investor, owner-user, or entrepreneur seeking a property with existing residential income, flexible unit configuration, commercial exposure, and future upside, 3937 Long Beach Boulevard offers a rare opportunity in one of Long Beach's established commercial corridors.

Listing Agent

Gia Silva

INTI Realty Brokerage Phone: 562-572-4978 License #01408839 Listed on: 09/03/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 1,847 Sq Ft Lot
  • 1 Common Wall

Parking

  • Parking Available

Home Design

  • Property Attached
  • Entry on the 1st floor

Interior Spaces

  • 2,240 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Wall Furnace

Listing and Financial Details

  • Legal Lot and Block 1 / F
  • Tax Tract Number 4332
  • Assessor Parcel Number 7139013013

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Los Cerritos Subdivision

Amenities

  • Laundry Facilities

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $420
  • Insurance Expense $3,126
  • Maintenance Expense $2,200
  • Trash Expense $314
  • Water Sewer Expense $1,138
  • New Taxes Expense $12,487
  • Operating Expense $19,685
  • Gross Income $85,200
  • Net Operating Income $65,515

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

1,847 Sq Ft Lot

Listing Details

  • CapRate: 6.56
  • Property Attached: Yes
  • Subdivision Name Other: Los Cerritos (LC)
  • Water Sewer Expenses: 1138.00
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Gardener Expense: 420.00
  • Parcel Number: 7139013013
  • Year Built: 1923
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 445.98

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace, Central
  • Sewer: Public Sewer
  • Trash Expense: 314.00
  • Water Source: Public
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Walkstreet
  • Lot Size Sq Ft: 1847.00
  • Lot Size Acres: 0.0424

Rental Info

  • Tenant Pays: Gas, Electricity

Multi Family

  • Gross Income: 85200.00
  • Gross Operating Income: 85200.00
  • Gross Scheduled Income: 85200.00
  • Insurance Expense: 3126.00
  • Lot Size Area: 1847.0000 Square Feet
  • Maintenance Expense: 2200.00
  • Net Operating Income: 65515.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 19685.00
  • Rent Control: No
  • Total Expenses: 19685.00

Tax Info

  • New Taxes Expense: 12487.00
  • Tax Block: F
  • Tax Lot: 1
  • Tax Tract Number: 4332

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $12,483 $951,966 $431,766 $520,200
2025 $12,483 $933,300 $423,300 $510,000
2024 $9,169 $691,618 $234,257 $457,361
2023 $9,012 $678,058 $229,664 $448,394
2022 $4,719 $350,104 $114,687 $235,417
2021 $4,611 $343,240 $112,439 $230,801
2019 $5,027 $333,061 $109,105 $223,956
2018 $4,882 $326,531 $106,966 $219,565
2016 $4,508 $313,853 $102,813 $211,040
2015 $4,343 $309,139 $101,269 $207,870
2014 $4,306 $303,085 $99,286 $203,799
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 Prior Sale
09/03/2026 09/03/26 For Sale $999,000 +9.2% $446 / Sq Ft
06/25/2024 06/25/24 Sold $915,000 +1.8% $408 / Sq Ft View Prior Sale
05/01/2024 05/01/24 Pending -- -- --
04/16/2024 04/16/24 For Sale $899,000 -- $401 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase 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 Type Sale Price Title Company
Grant Deed -- Old Republic Title Company
Grant Deed $915,000 Old Republic Title Company
Grant Deed $620,000 Ticor Title
Grant Deed $290,000 Old Republic Title Company
Grant Deed -- None Available
Grant Deed -- Accommodation
Interfamily Deed Transfer -- Chicago Title Co
Source: Public Records

Mortgage 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 Status Loan Amount Loan Type
Previous Owner $823,000 New Conventional
Previous Owner $350,000 Commercial
Previous Owner $203,000 Commercial
Previous Owner $29,000 Commercial
Previous Owner $23,500 Commercial
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW26192707

California Regional Multiple Listing Service (CRMLS)

APN: 7139-013-013

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