NOT LISTED FOR SALE

534 Maine Ave Long Beach, CA 90802

West Village Neighborhood

Estimated Value: $1,078,000 - $1,275,000

7 Beds
6 Baths
2,630 Sq Ft
$449/Sq Ft Est. Value

Sale Details

Date Sold: January 3, 2025

Last sale price $1,185,000 $451 Per Sq Ft

Current estimated payment $7,547 / mo

13 Days on Market

Highlights

  • 0.12 Acre Lot
  • Ceiling Fan
  • 4-minute walk to Cesar E Chavez Park
  • Air Conditioning

About This Home

As of January 2025

534 Maine Ave is a 4-unit building, originally built in 1924. This property comprises (3) spacious 2-bedroom units, each approximately 725 square feet, and (1) 1-bedroom unit at 460 square feet. One of the 2-bedroom units are currently vacant offering opportunity for a owner-user. Additionally, there is a 30% potential rental upside, providing an excellent opportunity for income growth with market adjustments. The property has been meticulously maintained and upgraded, reducing the need for substantial capital expenditures. The owner has undertaken significant improvements, including modern renovations to all units, creating a fresh, move-in-ready atmosphere. Updated landscaping enhances the curb appeal and ensures low-maintenance upkeep for future ownership. Each unit is individually metered, the owner covers water and sewer costs, while tenants are responsible for gas, trash, and electricity. This is a perfect fit for an investor or owner-user looking for a turnkey, well-located property with major capital improvements already completed, offering immediate cash flow and future upside potential.

Last Agent to Sell the Property

John 'Jack' McCann

Lyon Stahl Investment Real Estate, Inc. License #01963932 Listed on: 11/12/2024

Lyon Stahl Investment Real Estate, Inc.

Last Buyer's Agent

Michael Padilla

Lyon Stahl Investment Real Estate, Inc. License #01993341

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 5,015 Sq Ft Lot

Parking

  • On-Street Parking

Interior Spaces

  • 2,630 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • Air Conditioning
  • Heating System Mounted To A Wall or Window
  • Cable TV Available

Community Details

  • 2 Buildings
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 7278-020-048

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

5,015 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Living Area: 2630
  • Lot Acreage: 0.1151
  • Stories: 2
  • Year Built: 1924
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 7
  • Laundry: In Unit
  • Total Bathrooms: 6.00
  • Equipment: Cable, Ceiling Fan, Dishwasher, Dryer, Hood Fan, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 475.29

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: On street

Utilities

  • Cooling: Air Conditioning
  • Heating: Wall Gas

Lot Info

  • Assessed Improvement Percent: 30.00
  • Assessed Improvement Value: 311687
  • Assessed Land Percent: 70
  • Assessed Land Value: 727273
  • Total Assessed Value: 1038960
  • Assessor Parcel Number: 7278-020-048
  • Lot Size Area: 5015

Rental Info

  • Rent Control: No

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 13.51
  • Number Of Units: 4
  • Type Of Units: Residential

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

Listed on
Nov 12, 2024
Closed on
Dec 13, 2024
Sold by
Bought by
Seller's Agent
John 'Jack' McCann
Lyon Stahl Investment Real Estate, Inc.
Buyer's Agent
Michael Padilla
Lyon Stahl Investment Real Estate, Inc.
List Price
$1,250,000
Sold Price
$1,185,000
Premium/Discount to List
-$65,000
-5.2%
Views
17
Current Estimated Value
$1,180,239

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,761
Avg. Annual Appreciation
-0.27%
Original Mortgage
$888,750
Outstanding Balance
$874,541
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$305,698

Purchase Details

Listed on
Nov 12, 2024
Closed on
Nov 27, 2024
Sold by
Bought by
Seller's Agent
John 'Jack' McCann
Lyon Stahl Investment Real Estate, Inc.
Buyer's Agent
Michael Padilla
Lyon Stahl Investment Real Estate, Inc.
List Price
$1,250,000
Sold Price
$1,185,000
Premium/Discount to List
-$65,000
-5.2%
Views
17

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$888,750
Outstanding Balance
$874,541
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$305,698

Purchase Details

Closed on
Apr 13, 2022
Sold by
Bought by

Purchase Details

Listed on
Mar 26, 2018
Closed on
Apr 16, 2018
Sold by
Bought by
Seller's Agent
Kevin King
Marcus & Millichap
Buyer's Agent
General NONMEMBER
NONMEMBER MRML
List Price
$950,000
Sold Price
$950,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.70%
Original Mortgage
$788,053
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 18, 2016
Sold by
Bought by

Purchase Details

Closed on
Feb 5, 2013
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
$416,250
Interest Rate
3.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 2013
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
$416,250
Interest Rate
3.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 2009
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
$140,000
Interest Rate
4.8%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 30, 2009
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
$140,000
Interest Rate
4.8%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 29, 2008
Sold by
Bought by

Purchase Details

Closed on
Jul 31, 2007
Sold by
Bought by

Purchase Details

Closed on
Jun 22, 2007
Sold by
Bought by

Purchase Details

Closed on
Nov 21, 2003
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
$160,850
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 5, 2003
Sold by
Bought by

Purchase Details

Closed on
Jan 26, 2001
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
$179,910
Interest Rate
7.11%

Purchase Details

Closed on
Feb 18, 1994
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
$74,528
Interest Rate
6.98%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
-- Fidelity National Title
-- Fidelity National Title
$1,185,000 Fidelity National Title
-- Anderson Business Advisors Pll
-- Fidelity National Title Co
$950,000 Fidelity Sherman Oaks
-- None Available
-- None Available
$555,000 Ortc
-- Ticor Title Tustin Orange Co
$312,500 Ticor Title Tustin Orange Co
$426,430 None Available
-- None Available
-- None Available
-- First American Title Co
-- First American Title Co
$200,000 American Title
-- California Counties 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
Open $888,750
Previous Owner $788,053
Previous Owner $416,250
Previous Owner $140,000
Previous Owner $160,850
Previous Owner $179,910
Previous Owner $74,528
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
01/03/2025 01/03/25 Sold $1,185,000 -5.2% $451 / Sq Ft
11/25/2024 11/25/24 Pending -- -- --
11/12/2024 11/12/24 For Sale $1,250,000 +31.6% $475 / Sq Ft
05/21/2018 05/21/18 Sold $950,000 0.0% $471 / Sq Ft View Prior Sale
05/16/2018 05/16/18 Pending -- -- --
03/26/2018 03/26/18 For Sale $950,000 -- $471 / Sq Ft
Source: The MLS

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 $14,509 $1,080,932 $756,654 $324,278
2024 $13,908 $1,059,738 $741,818 $317,920
2023 $13,671 $1,038,960 $727,273 $311,687
2022 $12,832 $1,018,589 $713,013 $305,576
2021 $12,577 $998,618 $699,033 $299,585
2020 $12,546 $988,380 $691,866 $296,514
2019 $12,398 $969,000 $678,300 $290,700
2018 $7,844 $600,650 $422,079 $178,571
2016 $7,223 $577,328 $405,690 $171,638
2015 $6,938 $568,657 $399,597 $169,060
2014 $6,904 $557,519 $391,770 $165,749
Source: Public Records

Agents Affiliated with this Home

  • John 'Jack' McCann

    Seller's Agent in 2025

    John 'Jack' McCann

    Lyon Stahl Investment Real Estate, Inc.

    (310) 408-0121

    1 in this area

    40 Total Sales

    John 'Jack' McCann
    Section Image

  • M

    Buyer's Agent in 2025

    Michael Padilla

    Lyon Stahl Investment Real Estate, Inc.

    Section Image
  • Kevin King

    Seller's Agent in 2018

    Kevin King

    Marcus & Millichap

    (562) 257-1245

    38 Total Sales

    Kevin King
    Section Image

  • G

    Buyer's Agent in 2018

    General NONMEMBER

    NONMEMBER MRML

See All Agents

Map

Source: The MLS

MLS Number: 24-462853

The MLS

APN: 7278-020-048

California Los Angeles County Long Beach 90802 West Village

534 Maine Ave, Long Beach, CA

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The MLS © 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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