$1,149,000
PENDING $101K PRICE DROP

Estimated payment $7,814/month

Total Views 6,541
5 Beds
4 Baths
2,392 Sq Ft
$480 Price per Sq Ft

Highlights

  • No HOA
  • Laundry Room
  • 1-Story Property
  • Woodrow Wilson High School Rated A
  • Wall Furnace

About This Home

HUGE $101,000 PRICE DROP! PRICED TO SELL TODAY! VALUE ADD OPPORTUNITY! 3 UNIT TRIPLEX FIRST TIME BEING SOLD IN 48 YEARS! FRONT HOUSE 2 BED/2BATH READY TO BE REMODELED AND MADE INTO YOUR OWN. PERFECT FOR OWNER USER OR INVESTOR LOOKING FOR UPSIDE IN RENTS. 2 UNITS BEHIND CONSISTING OF 1 - 2 BED/1 BATH AND 1- 1 BED/1 BATH. 2 CAR GARAGE AND 3 OFF STREET PARKING SPOTS FOR A TOTAL OF 5 SPOTS! EACH UNIT HAS THEIR OWN WASHER / DRYER. SEPARATELY METERED FOR GAS AND ELECTRIC. NUMBERS ARE BASED ON PRO FORMA RENTS, TONS OF UPSIDE, LONG TERM TENANT AND OWNER. THIS LOCATION IS LESS THAN 5 MINUTES TO BELMONT SHORE, CAL STATE LONG BEACH, AND THE FREEWAY! STRONG RENTAL MARKET. PERFECT FOR AN OWNER USER OR AN INVESTOR.TRIPLEX IN PRIME LOCATION BELMONT HEIGHTS/ALAMITOS HEIGHTS/ EASTSIDE LONG BEACH. 2 MINUTE WALK FROM REC PARK, TENNIS AND GOLF COURSE!

Listing Agent

Kristina Moore

The Moore Group Brokerage Phone: 7148097608 License #01926377 Listed on: 05/31/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,786

Year Built

  • Built in 1941

Lot Details

  • 6,782 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 3 Open Parking Spaces
  • 2 Car Garage
  • Parking Available
  • Two Garage Doors
  • Assigned Parking

Home Design

  • Triplex

Interior Spaces

  • 2,392 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Additional Features

  • Exterior Lighting
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 22
  • Tax Tract Number 5770
  • Assessor Parcel Number 7241012014
  • $706 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units
  • Alamitos Heights Subdivision

Building Details

  • 3 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $96,000
  • Net Operating Income $65,280

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,786

Year Built

Built in 1941

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Other Phone Description: 7148097608
  • Other Phone Number: 7148097608
  • Price Per Unit: 383000
  • Property Attached: Yes
  • Subdivision Name Other: Alamitos Heights (AH)
  • Zoning: LBR4N
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 7241012014
  • Year Built: 1941
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 480.35

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Garage - Two Door
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6782.00
  • Lot Size Acres: 0.1557

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection

Multi Family

  • Gross Income: 96000.00
  • Gross Scheduled Income: 96000.00
  • Lot Size Area: 6782.0000 Square Feet
  • Net Operating Income: 65280.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 30720.00
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 5770.00
  • Tax Lot: 22
  • Tax Tract Number: 5770
  • TaxOtherAnnualAssessmentAmount: 706.00

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

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 $18,786 $1,485,690 $848,966 $636,724
2024 $18,786 $1,456,560 $832,320 $624,240
2023 $2,086 $110,974 $39,493 $71,481
2022 $1,980 $108,799 $38,719 $70,080
2021 $1,923 $106,666 $37,960 $68,706
2020 $1,917 $105,573 $37,571 $68,002
2019 $1,897 $103,504 $36,835 $66,669
2018 $1,740 $101,475 $36,113 $65,362
2016 $1,596 $97,536 $34,711 $62,825
2015 $1,543 $96,072 $34,190 $61,882
2014 $1,553 $94,191 $33,521 $60,670
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2025 08/11/25 Pending -- -- --
07/30/2025 07/30/25 Price Changed $1,149,000 -8.1% $480 / Sq Ft
05/31/2025 05/31/25 For Sale $1,250,000 -- $523 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Gift Deed -- --
Interfamily Deed Transfer -- None Available
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW25117158

California Regional Multiple Listing Service (CRMLS)

APN: 7241-012-014