$1,795,000

Estimated payment $10,428/month

6 Beds
-- Bath
2,060 Sq Ft
$871 Price per Sq Ft

Highlights

  • No HOA
  • Laundry Room
  • 1-Story Property
  • Stanford Middle School Rated A-
  • Central Heating and Cooling System

About This Home

Residential Care Facility for the Elderly (RCFE) Business Opportunity Included in Sale Price: This established and currently operating private-pay assisted living facility presents a unique opportunity for owner-users and investors alike. The existing RCFE business operation, including business goodwill, furnishings, operational components, and existing business assets, is included in the sale price unless otherwise specified. The facility is currently generating approximately $50,435.00 in gross monthly revenue. Buyer to request and independently verify all financial information, licensing requirements, zoning regulations, transfer requirements, operational matters, as part of their due diligence. Located in the highly desirable Artcraft Manor/Los Altos area of East Long Beach, this well-maintained single-story residence offers a spacious and functional floor plan on a generously sized residential lot. Featuring approximately 2,060 square feet of living space situated on a 6,340 square foot lot, the property showcases attractive curb appeal, an expansive driveway, and a warm residential setting. Interior features include spacious living and gathering areas, updated flooring, remodeled bathrooms, abundant natural light, and flexible room configurations designed to accommodate a variety of residential or assisted-living uses. The practical layout provides comfort, functionality, and versatility. Ideally located near California State University, Long Beach, shopping, dining, parks, golf courses, and convenient access to major transportation corridors including the Interstate 405, Interstate 605, and State Route 22. Rare opportunity to acquire an income-producing residential care operation together with real property in one of East Long Beach's most desirable and established neighborhoods

Listing Agent

Jorge Serna

Realty Executives All Cities Brokerage Phone: 562-304-8649 License #02107149 Listed on: 05/19/2026

Realty Executives All Cities

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1943

Lot Details

  • 6,340 Sq Ft Lot
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 2,060 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Unit 6 Bathroom: 0
  • Unit 1 Bathroom: 0
  • Unit 2 Bathroom: 0
  • Unit 3 Bathroom: 0
  • Unit 4 Bathroom: 0
  • Unit 5 Bathroom: 0

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 124
  • Tax Tract Number 11001
  • Assessor Parcel Number 7219017025
  • $545 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • Los Altos/South Of Fwy Subdivision

Building Details

  • 6 Leased Units
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Home Details

Home Type

Single Family

Year Built

Built in 1943

Lot Details

6,340 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Los Altos/South of Fwy (LSF)
  • View: No
  • Water Sewer Expenses: 4560.00
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Income
  • Gardener Expense: 2150.00
  • Parcel Number: 7219017025
  • Year Built: 1943
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 871.36
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 3210.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6340.00
  • Lot Size Acres: 0.1455

Multi Family

  • Electric Expense: 7200.00
  • Gross Income: 605220.00
  • Gross Scheduled Income: 605220.00
  • Insurance Expense: 7950.00
  • Lot Size Area: 6340.0000 Square Feet
  • Net Operating Income: 225420.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 6
  • Number Of Units Total: 6
  • Operating Expense: 379800.00
  • Rent Control: No
  • Total Actual Rent: 50435.00
  • Total Expenses: 379800.00

Tax Info

  • Tax Lot: 124
  • Tax Tract Number: 11001
  • TaxOtherAnnualAssessmentAmount: 545.00

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 $10,259 $801,264 $565,840 $235,424
2024 $10,259 $785,554 $554,746 $230,808
2023 $10,090 $770,152 $543,869 $226,283
2022 $9,470 $755,052 $533,205 $221,847
2021 $9,284 $740,248 $522,750 $217,498
2019 $8,654 $678,400 $507,246 $171,154
2018 $8,179 $650,000 $497,300 $152,700
2016 $4,156 $340,923 $265,519 $75,404
2015 $3,991 $335,803 $261,531 $74,272
2014 $3,964 $329,226 $256,408 $72,818
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/19/2026 05/19/26 For Sale $1,795,000 +176.2% $871 / Sq Ft
08/18/2017 08/18/17 Sold $650,000 -5.1% $359 / Sq Ft View Prior Sale
05/12/2017 05/12/17 For Sale $685,000 -- $378 / 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 $650,000 Ticor Title Co
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Gateway Title
Grant Deed $265,000 Gateway Title
Grant Deed $225,000 Gateway Title
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 $520,000 New Conventional
Previous Owner $192,900 No Value Available
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS26109074

California Regional Multiple Listing Service (CRMLS)

APN: 7219-017-025

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