$1,099,000

Estimated payment $6,615/month

Total Views 1,623
5 Beds
4 Baths
2,400 Sq Ft
$458 Price per Sq Ft

About This Home

Located in the heart of Long Beach, this multi-unit apartment building offers a prime investment opportunity for those looking to capitalize on the city's growing real estate market. The building features a mix of one and two bedroom units, providing a diverse tenant base and consistent rental income potential. In addition, there's a possibilitiy to build add-on units in the empty lot. Its proximity to public transportation, shopping centers, and local amenities makes it an attractive option for renters. With steady demand for affordable housing in the area, this property promises significant appreciation and potential for renovations that can further increase its value over time.

Listing Agent

Ivette Reese

Koinos Real Estate Group Brokerage Phone: 714-815-4000 License #01780497 Listed on: 01/31/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Lot Details

  • 4,882 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 1 Car Garage

Home Design

  • Apartment

Interior Spaces

  • 2,400 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Tax Lot 63
  • Tax Tract Number 3554
  • Assessor Parcel Number 7130010002
  • $910 per year additional tax assessments

Community Details

Overview

  • 4 Units
  • Lakewood City/Long Beach Subdivision

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $500
  • Insurance Expense $1,500
  • Maintenance Expense $500
  • Water Sewer Expense $1,500
  • New Taxes Expense $9,600
  • Operating Expense $14,000
  • Gross Income $65,400
  • Net Operating Income $51,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

4,882 Sq Ft Lot

Parking

1

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Lakewood City/Long Beach (LCB)
  • Water Sewer Expenses: 1500.00
  • Zoning: LBR1N
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 500.00
  • Parcel Number: 7130010002
  • Year Built: 1957
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 457.92

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 4882.00
  • Lot Size Acres: 0.1121

Multi Family

  • Gross Income: 65400.00
  • Gross Scheduled Income: 65400.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 4882.0000 Square Feet
  • Maintenance Expense: 500.00
  • Net Operating Income: 51400.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 14000.00
  • Other Expense Description: general
  • Rent Control: No
  • Total Actual Rent: 5450.00
  • Total Expenses: 14000.00

Tax Info

  • New Taxes Expense: 9600.00
  • Tax Census Tract: 5717.04
  • Tax Lot: 63
  • Tax Tract Number: 3554
  • TaxOtherAnnualAssessmentAmount: 910.00

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 $11,634 $848,966 $424,483 $424,483
2024 $11,143 $832,320 $416,160 $416,160
2023 $11,070 $816,000 $408,000 $408,000
2022 $10,399 $800,000 $400,000 $400,000
2021 $2,165 $108,796 $28,707 $80,089
2020 $2,159 $108,181 $28,413 $79,768
2019 $2,135 $106,070 $27,856 $78,214
2018 $2,002 $104,001 $27,310 $76,691
2016 $1,841 $99,484 $26,250 $73,234
2015 $1,784 $97,990 $25,856 $72,134
2014 $1,803 $96,071 $25,350 $70,721
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/31/2026 01/31/26 For Sale $1,099,000 +37.4% $458 / Sq Ft
11/10/2021 11/10/21 Sold $800,000 -5.9% $333 / Sq Ft View Prior Sale
09/30/2021 09/30/21 For Sale $850,000 +6.3% $354 / Sq Ft
09/29/2021 09/29/21 Off Market $800,000 -- --
09/29/2021 09/29/21 For Sale $850,000 +6.3% $354 / Sq Ft
09/21/2021 09/21/21 Off Market $800,000 -- --
09/18/2021 09/18/21 Price Changed $850,000 -12.8% $354 / Sq Ft
08/29/2021 08/29/21 Price Changed $975,000 -12.9% $406 / Sq Ft
07/12/2021 07/12/21 For Sale $1,120,000 -- $467 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

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

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW26022902

California Regional Multiple Listing Service (CRMLS)

APN: 7130-010-002

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