5220 Pacific Ave Long Beach, CA 90805
Sutter NeighborhoodEstimated payment $6,828/month
Highlights
- Contemporary Architecture
- No HOA
- West Facing Home
- Wood Flooring
- Laundry Room
- Rectangular Lot
About This Home
Great 4-plex in North Long Beach tucked on a tree lined street with 3,609 rentable square feet on a 7,534 square foot lot. Excellent unit mix with a front stand-alone 2 bed/1 bath house featuring new vinyl flooring along with laundry hookups in the kitchen plus two back town house style units (2 bed/1.5 bath and 2 bed/2 bath) and a 4th apartment (2 bed/1 bath). Strong in-place income with an 11.9 GRM and a 4.5% cap rate with a 19.4% upside to rents and a market cap rate of 5.9%. (4) separate garages for off-site parking, additional income, or ADU potential. The roof was replaced in 2025 and there were recent electrical upgrades to the main disconnect and service entrance. Easy access to the 710 freeway being just blocks away. Less than a mile from Bixby Knolls dining and shopping. Walkable immediate neighborhood, just blocks from The Pan, CVS, and McDonald’s, and other retail.
Listing Agent
Buckingham Investments, Inc Brokerage Phone: 310-561-4776 License #01908153 Listed on: 05/08/2026
Co-Listing Agent
Buckingham Investments, Inc Brokerage Phone: 310-561-4776 License #02035659
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1963
Lot Details
- 7,534 Sq Ft Lot
- Two or More Common Walls
- West Facing Home
- Vinyl Fence
- Wood Fence
- Rectangular Lot
Parking
- 4 Open Parking Spaces
- 4 Car Garage
- Parking Available
- Single Garage Door
Home Design
- Contemporary Architecture
- Quadruplex
- Entry on the 1st floor
- Raised Foundation
- Slab Foundation
- Composition Roof
- Stucco
Interior Spaces
- 3,609 Sq Ft Home
- 2-Story Property
- Family Room with Fireplace
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 8 Bedrooms
- 6 Bathrooms
Laundry
- Laundry Room
- Laundry in Kitchen
Location
- Suburban Location
Utilities
- Wall Furnace
- Natural Gas Connected
- Water Heater
Listing and Financial Details
- Tax Lot 17
- Tax Tract Number 5090
- Assessor Parcel Number 7132014019
- $1,024 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 3 Buildings
- 4 Units
- North Long Beach Subdivision
Building Details
- 4 Leased Units
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $1,200
- Insurance Expense $10,642
- Maintenance Expense $4,774
- Pest Control $829
- Professional Management Expense $5,729
- Water Sewer Expense $2,811
- New Taxes Expense $14,938
- Operating Expense $41,499
- Gross Income $100,500
- Net Operating Income $53,976
Map
Home Values in the Area
Average Home Value in this Area
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 | $5,836 | $379,205 | $104,908 | $274,297 |
| 2024 | $5,571 | $371,770 | $102,851 | $268,919 |
| 2023 | $5,474 | $364,482 | $100,835 | $263,647 |
| 2022 | $5,162 | $357,336 | $98,858 | $258,478 |
| 2021 | $5,037 | $350,330 | $96,920 | $253,410 |
| 2020 | $5,022 | $346,739 | $95,927 | $250,812 |
| 2019 | $4,966 | $339,942 | $94,047 | $245,895 |
| 2018 | $4,729 | $333,277 | $92,203 | $241,074 |
| 2016 | $4,341 | $320,338 | $88,624 | $231,714 |
| 2015 | $4,180 | $315,527 | $87,293 | $228,234 |
| 2014 | $4,173 | $309,348 | $85,584 | $223,764 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/08/2026 05/08/26 | For Sale | $1,195,000 | -- | $331 / Sq Ft |
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 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB26098969
APN: 7132-014-019
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Ask me questions while you tour the home.