$1,050,000
PENDING

Estimated payment $6,226/month

Total Views 1,072
6 Beds
3 Baths
3,310 Sq Ft
$317 Price per Sq Ft

Highlights

  • Traditional Architecture
  • Laundry Room
  • South Facing Home
  • No HOA
  • 4 Car Garage
  • Level Lot

About This Home

For the last 15 years the same owners have worked with professional property management and maintained the property very well. Enjoy your long term reliable tenants with the following move in dates: #1 in 2021, #2 in 2018, #3 in 2012 and #4 2/26 The required balcony work has been completed with a capital improvement of $30K (and certified). The newest tenant shows the value of the units and the opportunity to create the upside potential that all good investors are looking for in this market. We have records of all maintenance going back to 2011 available at the interior inspection.

Listing Agent

Jack Tanner

Beach Cities Properties, Inc. Brokerage Phone: 7142095225 License #01383525 Listed on: 04/17/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 4,704 Sq Ft Lot
  • Two or More Common Walls
  • South Facing Home
  • Level Lot

Parking

  • 4 Car Garage
  • Parking Available
  • Side Facing Garage
  • Single Garage Door

Home Design

  • Traditional Architecture
  • Quadruplex
  • Entry on the 1st floor
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,310 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 3878
  • Assessor Parcel Number 7120012039

Community Details

Overview

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

Amenities

  • Laundry Facilities

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 5 Separate Water Meters
  • Electric Expense $147
  • Fuel Expense $1,165
  • Gardener Expense $1,200
  • Insurance Expense $2,491
  • Water Sewer Expense $856
  • New Taxes Expense $13,125
  • Operating Expense $18,993
  • Gross Income $82,808
  • Net Operating Income $63,824

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

4,704 Sq Ft Lot

Parking

4

Listing Details

  • Assessments: Yes
  • CapRate: 6.00
  • Property Attached: Yes
  • Subdivision Name Other: North Long Beach (NLB)
  • Water Sewer Expenses: 856.00
  • Architectural Style: Traditional
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 7120012039
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 317.22

Exterior Features

  • Direction Faces: South
  • Foundation: Slab
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage, Garage - Single Door, Garage Faces Side
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Appliances: Refrigerator
  • Laundry Features: Individual Room, Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 4704.00
  • Lot Size Acres: 0.1080

Rental Info

  • Tenant Pays: Gas, Water, Electricity

Multi Family

  • Average2 Bed Area: 825 Square Feet
  • Electric Expense: 147.00
  • Fuel Expense: 1165.00
  • Gross Income: 82808.00
  • Gross Multiplier: 12.70
  • Gross Operating Income: 82808.00
  • Gross Scheduled Income: 82808.00
  • Insurance Expense: 2491.00
  • Laundry Equipment Own Lease: Lease
  • Laundry Income: 848.00
  • Lot Size Area: 4704.0000 Square Feet
  • Net Operating Income: 63824.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 5
  • Number Of Units Total: 4
  • Number With Disposal: 4
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Operating Expense: 18984.00
  • Rent Control: No
  • Total Expenses: 18993.00

Tax Info

  • New Taxes Expense: 13125.00
  • Tax Lot: 1
  • Tax Tract Number: 3878

Map

Range of Values:

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Value Increase
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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 $7,436 $540,092 $226,084 $314,008
2024 $7,436 $529,502 $221,651 $307,851
2023 $7,307 $519,120 $217,305 $301,815
2022 $6,874 $508,943 $213,045 $295,898
2021 $6,718 $498,965 $208,868 $290,097
2019 $6,623 $484,168 $202,674 $281,494
2018 $6,395 $474,675 $198,700 $275,975
2016 $5,876 $456,244 $190,985 $265,259
2015 $5,649 $449,392 $188,117 $261,275
2014 $5,626 $440,590 $184,433 $256,157
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/04/2026 05/04/26 Pending -- -- --
04/17/2026 04/17/26 For Sale $1,050,000 +133.3% $317 / Sq Ft
01/20/2012 01/20/12 Sold $450,000 +2.3% $136 / Sq Ft View Prior Sale
11/09/2011 11/09/11 Pending -- -- --
10/01/2011 10/01/11 For Sale $440,000 -- $133 / 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
Interfamily Deed Transfer -- Accommodation
Grant Deed $430,000 Fatcola
Interfamily Deed Transfer -- None Available
Grant Deed $650,000 Chicago Title Company
Interfamily Deed Transfer -- Provident Title
Grant Deed $210,500 Provident Title
Grant Deed -- Benefit Land Title Company
Trustee Deed $189,960 Benefit Land Title Ins Co
Grant Deed $165,000 North American Title Co
Grant Deed -- --
Individual Deed -- --
Individual Deed -- Old Republic Title Company
Quit Claim Deed -- Old Republic Title Company
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 Loan Amount Loan Type
Previous Owner $322,500 New Conventional
Previous Owner $264,500 Purchase Money Mortgage
Previous Owner $190,000 Stand Alone First
Previous Owner $165,236 FHA
Previous Owner $150,500 No Value Available
Closed $20,000 No Value Available
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW26083584

California Regional Multiple Listing Service (CRMLS)

APN: 7120-012-039

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