$900,000

Estimated payment $5,756/month

Total Views 443
2 Beds
1 Bath
1,608 Sq Ft
$560 Price per Sq Ft

Highlights

  • RV Access or Parking
  • Private Yard
  • Oversized Parking
  • Gated Parking
  • No HOA
  • Laundry Room

About This Home

Great investment opportunity! Two small houses on one lot, approximately 800 sqft each, 2 bed 1 bath each. Wonderful for multi-generational living, or live in one and rent out the other, or purely as income property. Both properties are fully enclosed by fences with gates, and are accessible in the front on Gardenia and in the back from an alley. The front house faces Gardenia, with a large front yard and a long concrete driveway that will fit at least two cars. The rear house faces to the side, with a smaller front yard and an additional side yard. The back house has parking for two cars in the rear with alley access. There is a fence with sliding gate that goes across the entire back of the property. Next to the parking area is a detached 2 car garage, which could possibly be converted into a third unit, either by building out the garage itself, or adding a second story. Currently the property has parking for at least 6 cars, all off-street and behind gates. The front house has an upgraded kitchen and bath, and has been freshly painted inside. Don't miss this great investment opportunity!

Listing Agent

Val Montefu

Landmark Realtors Brokerage Phone: 949-275-3624 License #00800420 Listed on: 08/23/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,223

Year Built

  • Built in 1946

Lot Details

  • 4,805 Sq Ft Lot
  • Rectangular Lot
  • Level Lot
  • Private Yard
  • Lawn
  • Front Yard
  • Property is zoned LBR1N

Parking

  • 2 Car Garage
  • 4 Open Parking Spaces
  • Oversized Parking
  • Rear-Facing Garage
  • Tandem Uncovered Parking
  • Single Garage Door
  • Driveway Level
  • Gated Parking
  • On-Street Parking
  • Off-Street Parking
  • RV Access or Parking

Interior Spaces

  • 1,608 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Laundry Room
  • Laundry Located Outside

Additional Features

  • Exterior Lighting
  • Suburban Location

Listing and Financial Details

  • Tax Lot 239
  • Tax Tract Number 7225
  • Assessor Parcel Number 7123014005
  • $464 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • North Long Beach Subdivision

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,223

Year Built

Built in 1946

Lot Details

0

Parking

2

Listing Details

  • Price Per Unit: 450000
  • Property Attached: No
  • Subdivision Name Other: North Long Beach (NLB)
  • Water Sewer Expenses: 1200.00
  • Zoning: LBR1N
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Income
  • Parcel Number: 7123014005
  • Year Built: 1946
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Entry Location: Front
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 559.70

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking Features: Driveway, Concrete, Driveway Level, Garage, Garage Faces Rear, Garage - Single Door, Gated, Off Street, On Site, Oversized, Private, RV Access/Parking, RV Potential, Street, Tandem Uncovered
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Lawn, Level with Street, Rectangular Lot, Level, Yard
  • Lot Size Sq Ft: 4805.00
  • Lot Size Acres: 0.1103

Rental Info

  • Tenant Pays: All Utilities, Cable TV, Electricity, Grounds Care, Telephone, Trash Collection, Water

Multi Family

  • Average2 Bed Area: 804 Square Feet
  • Electric Expense: 1440.00
  • Gross Income: 57160.00
  • Gross Scheduled Income: 57000.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 4805.0000 Square Feet
  • Net Operating Income: 54800.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Operating Expense: 1000.00
  • Other Income Description: One unit owner occupied
  • Rent Control: No
  • Total Actual Rent: 1900.00
  • Total Expenses: 2200.00

Tax Info

  • Tax Census Tract: 5706.02
  • Tax Lot: 239
  • Tax Tract Number: 7225
  • TaxOtherAnnualAssessmentAmount: 464.00

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 $10,223 $801,720 $393,720 $408,000
2024 $10,223 $786,000 $386,000 $400,000
2023 $3,349 $231,910 $88,626 $143,284
2022 $3,155 $227,364 $86,889 $140,475
2021 $3,083 $222,907 $85,186 $137,721
2020 $3,075 $220,622 $84,313 $136,309
2019 $3,040 $216,297 $82,660 $133,637
2018 $2,897 $212,057 $81,040 $131,017
2016 $2,662 $203,825 $77,894 $125,931
2015 $2,561 $200,764 $76,724 $124,040
2014 $2,553 $196,833 $75,222 $121,611
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2025 08/23/25 For Sale $900,000 +14.5% $560 / Sq Ft
07/07/2023 07/07/23 Sold $786,000 +0.1% $489 / Sq Ft
06/13/2023 06/13/23 Pending -- -- --
06/11/2023 06/11/23 For Sale $785,000 -- $488 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- United Title Company
Interfamily Deed Transfer -- Fidelity National Title Co
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Investors Title Company
Interfamily Deed Transfer -- --
Grant Deed $157,000 Chicago Title Co
Quit Claim Deed $51,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $63,360 Credit Line Revolving
Open $512,000 New Conventional
Closed $510,000 New Conventional
Closed $290,000 Fannie Mae Freddie Mac
Closed $168,000 Purchase Money Mortgage
Closed $160,862 FHA
Closed $5,000 Unknown
Previous Owner $155,716 FHA
Previous Owner $83,200 No Value Available
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC25188423

California Regional Multiple Listing Service (CRMLS)

APN: 7123-014-005