$1,545,000
$50K PRICE DROP

4851 Faculty Ave Long Beach, CA 90808

Lakewood VIllage Neighborhood

Estimated payment $9,192/month

Total Views 35,933
5 Beds
5 Baths
2,514 Sq Ft
$615 Price per Sq Ft

Highlights

  • Laundry Room
  • Central Heating and Cooling System
  • 1-Story Property
  • Mark Twain Elementary School Rated A-
  • Back and Front Yard

About This Home

Great Lakewood Village Location. Single Family Residence with a permitted ADU & Jr. ADU (3 separate units). Owner can live in one unit and rent the other two units. The original house is a 3 bedroom 2 bathroom consisting of approximately 1,046 square feet. The ADU is a free-standing 2 bedroom, 2 bathroom consisting of approximately 942 square feet. The Jr. ADU is a studio consisting of approximately 463 square feet. All three units have separate entrances, fenced yard areas, new HVAC systems and separately metered utilities. The ADU and Jr. ADU were built with permits in 2023.

Listing Agent

Paul Phillips

Durus Real Estate Brokerage Phone: 562-818-1392 License #01119053 Listed on: 04/03/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1943

Lot Details

  • 7,731 Sq Ft Lot
  • 1 Common Wall
  • Back and Front Yard

Home Design

  • Triplex
  • Entry on the 1st floor

Interior Spaces

  • 2,514 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 36 / E
  • Tax Tract Number 12773
  • Assessor Parcel Number 7181009016
  • $656 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1943

Lot Details

7,731 Sq Ft Lot

Listing Details

  • Property Attached: Yes
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 7181009016
  • Year Built: 1943
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Price Per Square Foot: 614.56

Exterior Features

  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Back Yard
  • Lot Size Sq Ft: 7731.00
  • Lot Size Acres: 0.1775

Multi Family

  • Lot Size Area: 7731.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Rent Control: No

Tax Info

  • Tax Block: E
  • Tax Lot: 36
  • Tax Tract Number: 12773
  • TaxOtherAnnualAssessmentAmount: 656.00

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 $9,766 $717,766 $393,066 $324,700
2024 $6,441 $481,693 $385,359 $96,334
2023 $6,333 $472,249 $377,803 $94,446
2022 $5,946 $462,991 $370,396 $92,595
2021 $5,793 $453,914 $363,134 $90,780
2019 $5,710 $440,453 $352,364 $88,089
2018 $5,508 $431,817 $345,455 $86,362
2016 $5,069 $415,051 $332,042 $83,009
2015 $4,866 $408,818 $327,055 $81,763
2014 $4,833 $400,811 $320,649 $80,162
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/14/2026 05/14/26 Price Changed $1,545,000 -3.1% $615 / Sq Ft
04/03/2026 04/03/26 For Sale $1,595,000 0.0% $634 / Sq Ft
10/20/2021 10/20/21 Rented $2,795 +7.7% --
10/12/2021 10/12/21 Price Changed $2,595 -12.0% $2 / Sq Ft
10/10/2021 10/10/21 For Rent $2,950 +34.1% --
06/01/2013 06/01/13 Rented $2,200 0.0% --
05/22/2013 05/22/13 Under Contract -- -- --
05/05/2013 05/05/13 For Rent $2,200 0.0% --
11/28/2012 11/28/12 Sold $399,000 0.0% $381 / Sq Ft View Prior Sale
09/04/2012 09/04/12 For Sale $399,000 -- $381 / 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 $399,000 Fnt
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed $550,000 Ticor Title Orange
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
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 $440,000 Purchase Money Mortgage
Closed $110,000 No Value Available
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW26069886

California Regional Multiple Listing Service (CRMLS)

APN: 7181-009-016

California Los Angeles County Long Beach 90808 Lakewood VIllage

4851 Faculty Ave, 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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Listing Agent
Paul Phillips
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Durus Real Estate
(562) 442-4820
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