$1,550,000
PENDING
Total Views 691
5 Beds
5 Baths
3,145 Sq Ft
$493 Price per Sq Ft

About This Home

Fourplex opportunities north of PCH and Atherton within the Traffic Circle area of East Long Beach rarely come available. Built in 1943, the property offers approximately 3,145 square feet on an oversized 12,190 square foot lot, a land footprint rarely found in Long Beach. The unit mix consists of (1) 2 bed / 2 bath and (3) 1 bed / 1 bath units, each with private laundry hookups and small fenced backyards. Three units have been updated, with the 2-bedroom receiving the most improvement. The single-story layout, generous setback, and updated landscaping create strong curb appeal, while parking is a major differentiator with (4) single-car garages plus additional on-site open parking. A garage has been converted to enclosed laundry/closet space, and exterior laundry hookups and enclosures have been added; these improvements are non-permitted. Approximately 30% rental upside remains, creating a clear path to increased income. Windows were replaced within the last 10 years. Ideally positioned with immediate access to Lakewood Blvd, the 405 Freeway, Cal State Long Beach, and Long Beach Airport.

Listing Agent

Nicholas Petrosian

Remax Commercial and Investment Realty License #01462598 Listed on: 02/25/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1943

Interior Spaces

  • 3,145 Sq Ft Home
  • 1-Story Property
  • Laundry Located Outside

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Parking

  • 1 Car Garage
  • Assigned Parking

Additional Features

  • 12,190 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 7219-007-020

Property Details

Home Type

Multi-Family

Year Built

Built in 1943

Lot Details

0.28 Acres

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 3145
  • Lot Acreage: 0.2798
  • Stories: 1
  • Year Built: 1943
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 5
  • Laundry: Outside
  • Total Bathrooms: 5.00
  • Price Per S Q F T: 492.85

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Garage - 1 Car, Assigned
  • Total Parking: 8

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 50.19
  • Assessed Improvement Value: 322701
  • Assessed Land Percent: 49.81
  • Assessed Land Value: 320272
  • Total Assessed Value: 642973
  • Assessor Parcel Number: 7219-007-020
  • Lot Size Area: 12190

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 17.49
  • Number Of Units: 4
  • Type Of Units: Multifamily

Map

Range of Values:

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Value Increase
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Percent 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 $8,841 $642,973 $320,272 $322,701
2024 $8,841 $630,367 $313,993 $316,374
2023 $8,692 $618,008 $307,837 $310,171
2022 $8,182 $605,891 $301,801 $304,090
2021 $8,007 $594,012 $295,884 $298,128
2020 $7,986 $587,923 $292,851 $295,072
2019 $7,895 $576,396 $287,109 $289,287
2018 $7,541 $565,095 $281,480 $283,615
2016 $6,938 $543,152 $270,550 $272,602
2015 $6,669 $534,995 $266,487 $268,508
2014 $6,641 $524,516 $261,267 $263,249
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/06/2026 03/06/26 Pending -- -- --
02/25/2026 02/25/26 For Sale $1,550,000 -- $493 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Trustee Deed -- None Listed On Document
Trustee Deed -- None Listed On Document
Interfamily Deed Transfer -- None Listed On Document
Trustee Deed -- None Listed On Document
Interfamily Deed Transfer -- None Available
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- North American Title Co
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- North American Title Co
Grant Deed $304,000 North American Title Co
Interfamily Deed Transfer -- North American Title Co
Interfamily Deed Transfer -- --
Grant Deed $228,000 North American Title Co
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $500,000 New Conventional
Previous Owner $292,019 FHA
Previous Owner $293,132 FHA
Previous Owner $182,400 No Value Available
Source: Public Records

Source: The MLS

MLS Number: 26656671

The MLS

APN: 7219-007-020

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