NOT LISTED FOR SALE
3 Beds
2 Baths
6,160 Sq Ft
6,170 Sq Ft Lot

Sale Details

Date Sold: October 17, 2019

Last sale price $3,100,000 $503 Per Sq Ft

16 Days on Market

About This Home

As of October 2019

This well-maintained two-story apartment community is arranged around a central courtyard, with all units facing inward for easy access and a clean, organized layout. The property offers on-site laundry facilities, five private garages, and landscaped common areas, all located on a residential street in Long Beach.

Last Agent to Sell the Property

Robert Stepp

Keller Williams Realty Downey License #01456379 Listed on: 07/29/2019

Keller Williams Realty Downey

Last Buyer's Agent

Steve Santos

Estate Properties License #01440129

Estate Properties
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 6,170 Sq Ft Lot
  • Two or More Common Walls
  • Density is 6-10 Units/Acre

Parking

  • 10 Car Garage
  • Parking Available

Home Design

  • 6,160 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Additional Features

  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 5768
  • Assessor Parcel Number 7263021005

Community Details

Building Details

  • 10 Separate Electric Meters
  • 10 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,310
  • Fuel Expense $1,310
  • Gardener Expense $860
  • Insurance Expense $3,595
  • Maintenance Expense $5,000
  • Other Expense $2,500
  • Pest Control $1,447
  • Professional Management Expense $9,441
  • Trash Expense $1,310
  • Water Sewer Expense $1,310
  • New Taxes Expense $40,105
  • Operating Expense $69,154
  • Gross Income $209,790
  • Net Operating Income $140,636

Additional Features

  • 10 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

6,170 Sq Ft Lot

Parking

10

Listing Details

  • Professional Management Expense: 9441.00
  • Property Attached: Yes
  • Subdivision Name Other: Fourth Street/Retro Row
  • Water Sewer Expenses: 1310.00
  • Zoning: LBR3S
  • Property Type: Residential Income
  • Gardener Expense: 860.00
  • Parcel Number: 7263021005
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 503.25

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 10.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 10.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Pest Control Expense: 1447.00
  • Sewer: Public Sewer
  • Trash Expense: 1310.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 6170.00
  • Lot Size Acres: 0.1416

Multi Family

  • Electric Expense: 1310.00
  • Fuel Expense: 1310.00
  • Gross Income: 209790.00
  • Gross Scheduled Income: 207900.00
  • Insurance Expense: 3595.00
  • Lot Size Area: 6170.0000 Square Feet
  • Maintenance Expense: 5000.00
  • Net Operating Income: 140636.00
  • Number Of Separate Electric Meters: 10
  • Number Of Separate Gas Meters: 10
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 10
  • Operating Expense: 69154.00
  • Other Expense: 2500.00
  • Other Expense Description: Reserves
  • Rent Control: No
  • Total Expenses: 69154.00

Tax Info

  • New Taxes Expense: 40105.00
  • Tax Census Tract: 5768.01
  • Tax Lot: 5
  • Tax Tract Number: 5768

Ownership 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 Name Owned For Owner Type

Purchase Details

Closed on
Aug 15, 2019
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,860,000
Interest Rate
3.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 22, 2016
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,079,000
Interest Rate
3.59%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 9, 2013
Sold by
Bought by

Purchase Details

Closed on
Feb 4, 2011
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$811,300
Interest Rate
4.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 20, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$455,000
Interest Rate
6.78%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 1, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$455,000
Interest Rate
6.78%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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 Buyer Sale Price Title Company
$3,100,000 Ticor Title Company
-- First American Title
-- None Available
$1,159,000 Fidelity National Title Co
$875,000 First American Title Co
-- --
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 Borrower Loan Amount
Previous Owner $1,860,000
Previous Owner $1,801,000
Previous Owner $1,099,000
Previous Owner $1,079,000
Previous Owner $811,300
Previous Owner $455,000
Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft
05/04/2026 05/04/26 Off Market -- -- --
03/25/2026 03/25/26 For Rent $1,775 0.0% --
03/23/2026 03/23/26 Off Market $1,775 -- --
01/21/2026 01/21/26 Price Changed $1,775 -10.1% $3 / Sq Ft
12/12/2025 12/12/25 Price Changed $1,975 -19.2% $3 / Sq Ft
12/10/2025 12/10/25 Price Changed $2,445 +23.8% $4 / Sq Ft
11/07/2025 11/07/25 Price Changed $1,975 -19.2% $3 / Sq Ft
11/06/2025 11/06/25 Price Changed $2,445 +23.8% $4 / Sq Ft
09/15/2025 09/15/25 Price Changed $1,975 -19.2% $3 / Sq Ft
09/12/2025 09/12/25 For Rent $2,445 0.0% --
03/05/2025 03/05/25 Off Market $2,445 -- --
01/24/2025 01/24/25 For Rent $2,445 0.0% --
10/17/2019 10/17/19 Sold $3,100,000 -3.1% $503 / Sq Ft
08/14/2019 08/14/19 Pending -- -- --
07/29/2019 07/29/19 For Sale $3,200,000 -- $519 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax 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.

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 $45,015 $3,390,300 $656,186 $2,734,114
2024 $43,068 $3,323,824 $643,320 $2,680,504
2023 $42,338 $3,258,652 $630,706 $2,627,946
2022 $39,719 $3,194,758 $618,340 $2,576,418
2021 $38,936 $3,132,116 $606,216 $2,525,900
2019 $24,075 $1,858,794 $530,604 $1,328,190
2018 $23,474 $1,822,380 $520,200 $1,302,180
2016 $18,128 $1,449,747 $1,035,534 $414,213
2015 $17,411 $1,427,972 $1,019,980 $407,992
2014 $17,322 $1,400,000 $1,000,000 $400,000
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19179740

California Regional Multiple Listing Service (CRMLS)
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