$969,000
$26K PRICE DROP

Estimated payment $5,864/month

Total Views 9,854
8 Beds
4 Baths
2,304 Sq Ft
$421 Price per Sq Ft

Highlights

  • 0.05 Acre Lot
  • 3-minute walk to 5Th Street Station
  • Neighborhood Views
  • Long Beach Polytechnic High School Rated A
  • No HOA
  • Living Room

About This Home

A rare chance to own an exceptionally spacious duplex in one of Southern California’s most dynamic and evolving markets. This large property features eight total bedrooms and four bathrooms across two expansive units, each offering four bedrooms and two bathrooms, making it a unique find with a layout rarely seen in multifamily properties.

Both units showcase updated interiors with newer laminate flooring, tile kitchens, and remodeled bathrooms, blending modern comfort with low-maintenance living. With its sheer size, functionality, and prime location, this duplex provides impressive rental potential along with room for future upside.

The property also includes a detached garage and a long driveway that provides abundant off-street parking. Gas and electric are separately metered for efficiency, and both units are tenant-occupied on month-to-month terms, giving maximum flexibility moving forward.

Ideally located near dining, shopping, the beach, and freeway access, this property combines a prime Long Beach location with unmatched scale. Whether you are looking to expand your portfolio or take advantage of value-add opportunities, this unique duplex checks all the boxes.

Listing Agent

Beatrix Whipple

Keller Williams Pacific Estate Brokerage Phone: 562-972-4336 License #01355505 Listed on: 04/18/2025

Keller Williams Pacific Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,962

Year Built

  • Built in 1917

Lot Details

  • 2,351 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 1 Car Garage

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 2,304 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room
  • Neighborhood Views

Kitchen

  • Gas Oven
  • Gas Range

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Utilities

  • Wall Furnace
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 7 / 43
  • Tax Tract Number 1
  • Assessor Parcel Number 7273027010
  • $232 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $600
  • Insurance Expense $1,056
  • Professional Management Expense $3,360
  • Trash Expense $1,200
  • Water Sewer Expense $1,200
  • Operating Expense $7,416
  • Net Operating Income $53,412

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,962

Year Built

Built in 1917

Lot Details

0

Parking

1

Listing Details

  • Price Per Unit: 484500
  • Professional Management Expense: 3360.00
  • Property Attached: Yes
  • Subdivision Name Other: East Village
  • View: Yes
  • Water Sewer Expenses: 1200.00
  • Zoning: LBPD30
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 7273027010
  • Year Built: 1917
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 2
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 420.57
  • Room Type: Kitchen, Living Room

Exterior Features

  • View: Neighborhood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: No
  • Appliances: Gas Oven, Gas Range, Refrigerator
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 2351.00
  • Lot Size Acres: 0.0540

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Scheduled Income: 60828.00
  • Insurance Expense: 1056.00
  • Lot Size Area: 2351.0000 Square Feet
  • Net Operating Income: 53412.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 7416.00
  • Rent Control: No
  • Total Actual Rent: 5069.00
  • Total Expenses: 7416.00

Tax Info

  • Tax Block: 43
  • Tax Census Tract: 5762.00
  • Tax Lot: 7
  • Tax Tract Number: 1
  • TaxOtherAnnualAssessmentAmount: 232.00

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 $8,962 $717,986 $358,281 $359,705
2024 $8,962 $703,908 $351,256 $352,652
2023 $8,819 $690,107 $344,369 $345,738
2022 $8,275 $676,576 $337,617 $338,959
2021 $8,113 $663,311 $330,998 $332,313
2020 $8,091 $656,511 $327,605 $328,906
2019 $7,997 $643,639 $321,182 $322,457
2018 $7,587 $615,000 $306,900 $308,100
2016 $6,372 $540,000 $269,400 $270,600
2015 $6,203 $540,000 $269,400 $270,600
2014 $5,522 $480,000 $239,500 $240,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2025 08/27/25 Price Changed $969,000 -2.6% $421 / Sq Ft
04/18/2025 04/18/25 For Sale $995,000 -- $432 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $155,000 None Listed On Document
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- None Available
Grant Deed $505,000 Southland Title
Interfamily Deed Transfer -- Southland Title Corporation
Trustee Deed $284,000 --
Grant Deed $220,000 Benefit Land Title Company
Grant Deed $120,000 South Coast Title Company
Interfamily Deed Transfer -- South Coast Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $390,000 New Conventional
Previous Owner $103,730 Credit Line Revolving
Previous Owner $519,000 Unknown
Previous Owner $404,000 Purchase Money Mortgage
Previous Owner $120,000 Unknown
Previous Owner $274,100 Purchase Money Mortgage
Previous Owner $217,470 No Value Available
Previous Owner $120,000 No Value Available
Closed $50,000 No Value Available
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW25075928

California Regional Multiple Listing Service (CRMLS)

APN: 7273-027-010