$1,425,000

414 E 61st St Long Beach, CA 90805

DeForest Park Neighborhood

Estimated payment $8,928/month

10 Beds
3 Baths
4,853 Sq Ft
$294 Price per Sq Ft

About This Home

5-unit apartment building with all large two-bedroom units and six garages. On-site laundry with owned machines. Renters are primarily section 8 and lease rates are below market. Onwer has recently completed several capital improvements and upgrades. Large lot may offer an opportunity to add units.

Listing Agent

Erik Messinger

Keller Williams Realty Brokerage Phone: 714-606-4555 License #01006531 Listed on: 04/27/2026

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 11,809 Sq Ft Lot
  • Two or More Common Walls
  • Density is 16-20 Units/Acre

Parking

  • 6 Car Garage
  • Parking Available
  • Rear-Facing Garage

Home Design

  • Apartment
  • Entry on the 1st floor

Interior Spaces

  • 4,853 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 3 Bathrooms

Additional Features

  • Exterior Lighting
  • Suburban Location

Listing and Financial Details

  • Legal Lot and Block 2 / 4
  • Tax Tract Number 5992
  • Assessor Parcel Number 7125010036
  • $1,279 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • 5 Units
  • North Long Beach Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,699
  • Trash Expense $960
  • Water Sewer Expense $2,000
  • Operating Expense $36,065
  • Gross Income $112,896
  • Net Operating Income $76,831

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

0.27 Acres

Parking

6

Listing Details

  • CapRate: 5.50
  • Property Attached: Yes
  • Subdivision Name Other: North Long Beach (NLB)
  • Water Sewer Expenses: 2000.00
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 7125010036
  • Year Built: 1958
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 293.63

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 6.00
  • Parking: Yes
  • Parking Features: Garage, Garage Faces Rear
  • Total Parking Spaces: 6.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room, Common Area
  • Sewer: Public Sewer
  • Trash Expense: 960.00
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Water, Electricity, Sewer, Gas, Trash, Utilities
  • Senior Community: No
  • Community Features: Street Lights, Sidewalks, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 16-20 Units/Acre
  • Lot Size Sq Ft: 11809.00
  • Lot Size Acres: 0.2711

Rental Info

  • Tenant Pays: Gas, All Utilities, Telephone, Water, Cable TV, Electricity

Multi Family

  • Average2 Bed Area: 971 Square Feet
  • Gross Operating Income: 112896.00
  • Gross Scheduled Income: 115200.00
  • Insurance Expense: 1699.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 11809.0000 Square Feet
  • Net Operating Income: 76831.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 5
  • Operating Expense: 36065.00
  • Rent Control: Yes
  • Total Expenses: 36065.00

Tax Info

  • Tax Block: 4
  • Tax Lot: 2
  • Tax Tract Number: 5992
  • TaxOtherAnnualAssessmentAmount: 1279.00

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/27/2026 04/27/26 For Sale $1,425,000 -- $294 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW26090794

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Long Beach 90805 DeForest Park

414 E 61st St, Long Beach, CA

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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Erik Messinger
Listing Agent
Erik Messinger
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Keller Williams Realty
(562) 352-2439
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