$850,000

Estimated payment $5,030/month

Total Views 125
4 Beds
2.5 Baths
1,765 Sq Ft
$482 Price per Sq Ft

Highlights

  • No HOA
  • Laundry Facilities
  • Back and Front Yard
  • 1 Car Garage
  • Wall Furnace
  • 1-Story Property

About This Home

Opportunity knocks with this versatile Long Beach duplex offering multiple living and income-producing possibilities! Situated in an established residential neighborhood, this property features two separate homes plus a permitted studio conversion, making it an excellent opportunity for an owner-occupant, investor, or multi-generational household. Live in one and rent out the others, accommodate extended family, or explore the property's full rental potential.
The front home features 3 bedrooms and 1.5 bathrooms, along with laundry hookups. The spacious kitchen offers an abundance of oak cabinetry and granite countertops, providing plenty of storage and workspace. Its former garage has been permitted and converted into an approximately 308 sq. ft. studio with a full bathroom, plus space to add a kitchenette area. The studio shares utilities with the front home and offers additional flexibility for extended family, in-law quarters, a home office, guest space, or potential rental use.
The fully detached rear unit, with its own address at 6770 Myrtle Ave., features 1 bedroom and 1 bathroom, an attached 1-car garage, its own laundry hookups, and separate utility meters from the front home. The rear unit is currently tenant occupied and professionally managed, with financial information available.
With multiple living spaces, separate structures, and a variety of ways to utilize the property, this Long Beach duplex offers flexibility, income potential, and plenty of upside for its next owner.

Listing Agent

Blair Newman

Coldwell Banker Envision Brokerage Phone: 562-822-6532 License #01459316 Listed on: 08/19/2026

Coldwell Banker Envision

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1929

Lot Details

  • 5,427 Sq Ft Lot
  • No Common Walls
  • Back and Front Yard

Parking

  • 1 Car Garage
  • Driveway
  • On-Street Parking

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 1,765 Sq Ft Home
  • 1-Story Property
  • Washer and Gas Dryer Hookup

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Legal Lot and Block 3 / 6
  • Tax Tract Number 10255
  • Assessor Parcel Number 7116012018
  • $514 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

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

Amenities

  • Laundry Facilities

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gardener Expense $720
  • Insurance Expense $2,442
  • Maintenance Expense $4,201
  • New Taxes Expense $11,301
  • Operating Expense $7,363
  • Net Operating Income $46,645

Property Details

Home Type

Multi-Family

Year Built

Built in 1929

Lot Details

5,427 Sq Ft Lot

Parking

1

Listing Details

  • CapRate: 5.50
  • Property Attached: No
  • Subdivision Name Other: North Long Beach (NLB)
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 720.00
  • Parcel Number: 7116012018
  • Year Built: 1929
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 481.59

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking Features: Garage, Driveway, Street
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Back Yard
  • Lot Size Sq Ft: 5427.00
  • Lot Size Acres: 0.1246

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Average1 Bed Area: 600 Square Feet
  • Average3 Bed Area: 1165 Square Feet
  • Gross Multiplier: 14.20
  • Gross Scheduled Income: 60008.00
  • Insurance Expense: 2442.00
  • Lot Size Area: 5427.0000 Square Feet
  • Maintenance Expense: 4201.00
  • Maintenance Percent: 7.00
  • Net Operating Income: 46645.00
  • 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
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 13363.00
  • Rent Control: No
  • Total Actual Rent: 5001.00
  • Total Expenses: 7363.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 11301.00
  • Tax Block: 6
  • Tax Lot: 3
  • Tax Tract Number: 10255
  • TaxOtherAnnualAssessmentAmount: 514.00

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $4,400 $313,164 $103,399 $209,765
2024 $4,220 $307,024 $101,372 $205,652
2023 $4,146 $301,005 $99,385 $201,620
2022 $3,901 $295,104 $97,437 $197,667
2021 $3,814 $289,319 $95,527 $193,792
2020 $3,803 $286,353 $94,548 $191,805
2019 $3,758 $280,740 $92,695 $188,045
2018 $3,587 $275,236 $90,878 $184,358
2016 $3,293 $264,550 $87,350 $177,200
2015 $3,164 $260,577 $86,038 $174,539
2014 $3,150 $255,474 $84,353 $171,121
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
08/19/2026 08/19/26 For Sale $850,000 -- $482 / 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
Grant Deed $212,000 Gateway Title
Interfamily Deed Transfer -- --
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
Open $250,000 New Conventional
Closed $240,000 Unknown
Closed $100,000 Credit Line Revolving
Closed $11,000 Unknown
Previous Owner $183,750 Stand Alone First
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW26181702

California Regional Multiple Listing Service (CRMLS)

APN: 7116-012-018

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