$1,290,000

Estimated payment $8,090/month

Total Views 4,120
4 Beds
2 Baths
3,200 Sq Ft
$403 Price per Sq Ft

Highlights

  • Laundry Room
  • Long Beach Polytechnic High School Rated A
  • 4-minute walk to Pacific Coast Highway Station

About This Home

This well-maintained multi-family property offers a fantastic opportunity for investors seeking a steady income stream. The front unit features a charming 3-bedroom, 2-bathroom single-family home, perfect for owner-occupants or as a premium rental. Behind it, you'll find a separate 4-unit building, each with 1 bedroom and 1 bathroom, ideal for maximizing rental income. Situated in a highly desirable Long Beach neighborhood, this property is close to local amenities, schools, and transportation options. Whether you're looking to add to your portfolio or start your investment journey, this is a rare opportunity you won’t want to miss!

Listing Agent

Natalie Cabrera

CNMR Group Brokerage Phone: 310-994-3720 License #02102565 Listed on: 11/03/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,932

Year Built

  • Built in 1912

Lot Details

  • 6,754 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage

Home Design

  • Property Attached
  • Entry on the 2nd floor

Interior Spaces

  • 3,200 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Location

  • Suburban Location

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 1
  • Assessor Parcel Number 7269021031
  • Seller Considering Concessions

Community Details

Overview

  • 2 Buildings
  • 5 Units
  • Poly High Subdivision

Building Details

  • 5 Leased Units
  • Rent Control
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,590
  • Trash Expense $880
  • Water Sewer Expense $3,009
  • Operating Expense $6,479
  • Net Operating Income $69,720

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,932

Year Built

Built in 1912

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Poly High (PH)
  • Water Sewer Expenses: 3009.00
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 7269021031
  • Year Built: 1912
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Entry Level: 2
  • Levels: One, Two
  • Price Per Square Foot: 403.12

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 880.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6754.00
  • Lot Size Acres: 0.1551

Multi Family

  • Gross Scheduled Income: 99600.00
  • Insurance Expense: 2590.00
  • Lot Size Area: 6754.0000 Square Feet
  • Net Operating Income: 69720.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 5
  • Number Of Units Total: 5
  • Operating Expense: 29880.00
  • Rent Control: Yes
  • Total Actual Rent: 8300.00
  • Total Expenses: 6479.00

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 1/2
  • Tax Annual Amount: 16932.00

Map

Range of Values:

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Value 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 $16,214 $1,248,480 $520,200 $728,280
2024 $16,214 $1,224,000 $510,000 $714,000
2023 $16,237 $1,224,000 $510,000 $714,000
2022 $15,246 $1,200,000 $500,000 $700,000
2021 $7,438 $546,820 $328,093 $218,727
2020 $7,419 $541,214 $324,729 $216,485
2019 $7,333 $530,603 $318,362 $212,241
2018 $7,064 $520,200 $312,120 $208,080
2016 $1,464 $64,567 $24,208 $40,359
2015 $1,424 $63,598 $23,845 $39,753
2014 $1,447 $62,353 $23,378 $38,975
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/03/2025 11/03/25 For Sale $1,290,000 +7.5% $403 / Sq Ft
06/26/2023 06/26/23 Sold $1,200,000 0.0% $375 / Sq Ft View Prior Sale
04/07/2023 04/07/23 Pending -- -- --
03/28/2023 03/28/23 Off Market $1,200,000 -- --
11/15/2022 11/15/22 Pending -- -- --
10/12/2022 10/12/22 Price Changed $1,100,000 +10.0% $344 / Sq Ft
10/05/2022 10/05/22 For Sale $1,000,000 -- $313 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB25247710

California Regional Multiple Listing Service (CRMLS)