NOT LISTED FOR SALE

Estimated Value: $2,058,000 - $2,139,534

8 Beds
8 Baths
5,135 Sq Ft
$411/Sq Ft Est. Value

Last Sold April 25, 2025

Last sale price $2,090,000 $407 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $11,323/month

9 Days on Market

Highlights

  • No HOA
  • 4 Car Attached Garage
  • Central Air
  • Minnie Gant Elementary School Rated A
  • Laundry Room
  • Heat Pump System

About This Home

As of April 2025

Sage Real Estate is proud to present 5536 E. Daggett Ave, a rare multifamily investment opportunity in the highly sought-after Los Altos neighborhood of Long Beach (90815). Surrounded primarily by single-family homes with an average sales price of $1,100,000, this property stands out as one of the few fourplexes in the area. Out of the 2,848 fourplexes in Long Beach, only 5% are located in this zip code, and no similar property has sold in this part of Los Altos in over five years.

At 5,135 square feet, this is one of the largest fourplexes in Long Beach. This well-maintained four-unit building features spacious 2-bedroom, 2-bathroom units, each approximately 1,075 sq. ft. Additionally, a brand-new ADU offers 1 bedroom, 1 bathroom, and 835 sq. ft. of living space, and will be delivered vacant at closing, providing an excellent opportunity for owner occupancy or additional rental income. The current rental income from the four occupied units is $2,178, $2,500, $1,955, and $1,383 per month, with additional income potential from the ADU.

Unit 3, considered the **owner’s unit**, features air conditioning for added comfort. Two of the units have in-unit washer/dryer hookups, while the remaining three share a common area laundry. All units are upgraded with dual-pane windows. Heating systems vary by unit, with most featuring efficient heat pumps, while Unit 4 is equipped with radiant heat.

The property is equipped with all-new electrical main panels, four garages, and RV parking. With strong rental demand, immediate cash flow, and long-term appreciation potential, this is an exceptional investment opportunity in one of Long Beach’s most desirable neighborhoods.

Last Agent to Sell the Property

Juan Huizar

Sage Real Estate Group, Inc. Brokerage Phone: 562-307-0838 License #01417642 Listed on: 03/18/2025

Co-Listed By

Jack Patel

Sage Real Estate Group Inc Brokerage Phone: 562-307-0838 License #01941349

Last Buyer's Agent

Juan Huizar

Sage Real Estate Group, Inc. Brokerage Phone: 562-307-0838 License #01417642 Listed on: 03/18/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 6,319 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Attached Garage
  • 1 Open Parking Space
  • Parking Available
  • Assigned Parking

Home Design

  • Quadruplex
  • Entry on the 1st floor

Interior Spaces

  • 5,135 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 8 Bedrooms | 4 Main Level Bedrooms
  • 8 Full Bathrooms

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Tax Lot 16
  • Tax Tract Number 14788
  • Assessor Parcel Number 7225008006

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Los Altos/South Of Fwy Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Parking

4

Listing Details

  • Structure Type: Quadruplex
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Subdivision Name Other: Los Altos/South of Fwy (LSF)
  • View: No
  • Zoning: LBR4R
  • Property Sub Type: Quadruplex
  • Property Type: Residential
  • Parcel Number: 7225008006
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 5135.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 8
  • Total Bedrooms: 8
  • Entry Level: 1
  • Levels: Two
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 407.01
  • Room Type: Kitchen

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Heat Pump
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6319.00
  • Lot Size Acres: 0.1451

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6319.0000 Square Feet
  • Number Of Units Total: 4

Tax Info

  • Tax Census Tract: 5749.01
  • Tax Lot: 16
  • Tax Tract Number: 14788

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2025
Closed on
Apr 3, 2025
Sold by
Casmer Family Trust and Casmer Theodore F
Bought by
Ryan And Elizabeth Durkin 2016 Trust and Durkin
Seller's Agent
Juan Huizar
Sage Real Estate Group, Inc.
Buyer's Agent
Juan Huizar
Sage Real Estate Group, Inc.
List Price
$2,200,000
Sold Price
$2,090,000
Premium/Discount to List
-$110,000
-5%
Views
20
Current Estimated Value
$2,110,884

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,884
Avg. Annual Appreciation
1.47%

Purchase Details

Closed on
Jul 11, 2017
Sold by
Casmer Penny Dee
Bought by
Casmer Theodore F and Casmer Penny D

Purchase Details

Closed on
Jun 2, 2017
Sold by
Casmer Penny Dee
Bought by
Casmer Penny Dee
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

Date Buyer Sale Price Title Company
Ryan And Elizabeth Durkin 2016 Trust $2,090,000 Ticor Title Company
Casmer Theodore F -- None Available
Casmer Penny Dee -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/25/2025 04/25/25 Sold $2,090,000 -5.0% $407 / Sq Ft
03/27/2025 03/27/25 Pending -- -- --
03/18/2025 03/18/25 For Sale $2,200,000 -- $428 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

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 $3,548 $206,002 $36,988 $169,014
2024 $3,548 $201,963 $36,263 $165,700
2023 $3,364 $198,003 $35,552 $162,451
2022 $3,182 $194,121 $34,855 $159,266
2021 $3,085 $190,316 $34,172 $156,144
2019 $3,038 $184,672 $33,159 $151,513
2018 $2,850 $181,052 $32,509 $148,543
2016 $2,596 $174,024 $31,248 $142,776
2015 $2,508 $171,411 $30,779 $140,632
2014 $2,512 $168,055 $30,177 $137,878
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW25059279

California Regional Multiple Listing Service (CRMLS)

APN: 7225-008-006