$1,088,800

Estimated payment $6,977/month

Total Views 231
5 Beds
4 Baths
2,400 Sq Ft
$454 Price per Sq Ft

Highlights

  • No HOA
  • 1 Car Garage
  • Wall Furnace

About This Home

**Excellent 4-Unit Income Property with Strong Upside Potential! ** Interiors are remodeled previously; low-maintenance, well-maintained building with great tenants and excellent potential for future rent growth. The property features a **spacious backyard offering potential for additional ADU development, including the possibility of a two-story configuration, subject to city approval and buyer verification**. Ample parking includes **3 Carport spaces plus a 1-car garage**. Conveniently located with easy access to major freeways, nearby strip malls, and within walking distance to the police station and YMCA. A great opportunity for investors looking for **stable rental income with additional future development and income potential**

Listing Agent

Young Kim

Koinos Real Estate Group Brokerage Email: Godisgood42000@gmail.com License #01886738 Listed on: 08/31/2026

Co-Listing Agent

Erica Lee

Koinos Real Estate Group Brokerage Email: Godisgood42000@gmail.com License #01330139

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Lot Details

  • 4,882 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 1 Car Garage
  • 2 Open Parking Spaces
  • 3 Carport Spaces
  • Parking Available
  • Assigned Parking

Home Design

  • Quadruplex
  • Entry on the 1st floor

Interior Spaces

  • 2,400 Sq Ft Home
  • 2-Story Property
  • Laundry in Garage

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tax Lot 63
  • Tax Tract Number 3554
  • Assessor Parcel Number 7130010002
  • $853 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • North Long Beach Subdivision
  • Valley

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Fuel Expense $960
  • Insurance Expense $2,478
  • Pest Control $400
  • Water Sewer Expense $720
  • New Taxes Expense $11,000
  • Operating Expense $15,838
  • Net Operating Income $49,562

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

4,882 Sq Ft Lot

Parking

1

Listing Details

  • CapRate: 4.70
  • Property Attached: No
  • Subdivision Name Other: North Long Beach (NLB)
  • Water Sewer Expenses: 720.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 7130010002
  • Year Built: 1957
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 453.67

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 3.00
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Garage, Assigned, On Site, Carport
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: In Garage
  • Pest Control Expense: 400.00
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Valley

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

Rental Info

  • Tenant Pays: Gas, Trash Collection, Telephone, Cable TV, Electricity

Multi Family

  • Average1 Bed Area: 550 Square Feet
  • Average2 Bed Area: 750 Square Feet
  • Fuel Expense: 960.00
  • Gross Scheduled Income: 65400.00
  • Insurance Expense: 2478.00
  • Lot Size Area: 4882.0000 Square Feet
  • Net Operating Income: 49562.00
  • 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
  • Number With Carpet: 4
  • Number With Disposal: 4
  • Number With Range: 4
  • Operating Expense: 15838.00
  • Other Expense Description: Repair
  • Rent Control: No
  • Total Actual Rent: 5450.00
  • Total Expenses: 15838.00

Tax Info

  • New Taxes Expense: 11000.00
  • Tax Lot: 63
  • Tax Tract Number: 3554
  • TaxOtherAnnualAssessmentAmount: 853.00

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

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
2026 $11,634 $865,944 $432,972 $432,972
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

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 Prior Sale
08/31/2026 08/31/26 For Sale $1,088,800 +36.1% $454 / 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

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
Interfamily Deed Transfer -- None Available
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC26190608

California Regional Multiple Listing Service (CRMLS)

APN: 7130-010-002

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