$1,147,000 - $1,985,000
RENTED MAY 13, 2025
5 Beds
5 Baths
2,777 Sq Ft
$609 Price per Sq Ft

Last Sold May 23, 2023

Last sale price $1,710,000 $616 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $11,082/month

309 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Bike Trail
  • Lowell Elementary School Rated A-
  • Forced Air Heating System
  • West Facing Home

About This Home

As of May 2023

Welcome to this beautiful 1-bedroom, 1-bath apartment nestled in the vibrant and sought-after Belmont Shore neighborhood of Long Beach. This bright and airy unit features: Spacious living room with large windows for natural light, Flooring has been renovated, fresh surfaces have been installed in the kitchen and bathroom. The unit has been beautified with tile and a Quartz countertop, adding a touch of elegance. The kitchen will be furnished with a new stove and refrigerator, which is complemented by a substantial amount of counter space. New vanities have also been added to assist you in looking your best daily. Wall heater for heating purposes, as you know, throughout the year, the summer days stay cool in the beach areas, let the natural A.C. cool you down. The Exterior consists of an site laundry facility, A communal area which includes a BBQ Grill and table with chairs to entertain the family, friends. Located just steps from 2nd Street’s trendy shops, restaurants, and cafes, and only a short walk to the beach.Don't miss out on a great opportunity to live in a highly desirable area.

Last Agent to Sell the Property

Yvonne Rose

Making A Difference License #01709480 Listed on: 05/25/2022

Last Buyer's Agent

Gustavo Arias

First Team Real Estate License #01889399

First Team Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,436

Year Built

  • Built in 1950

Lot Details

  • 3,161 Sq Ft Lot
  • Two or More Common Walls
  • West Facing Home
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage
  • On-Street Parking

Home Design

  • Quadruplex

Interior Spaces

  • 2,777 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for all utilities
  • Legal Lot and Block 3 / 16
  • Tax Tract Number 3750
  • Assessor Parcel Number 7256032003
  • $20,192 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Belmont Shore Subdivision

Amenities

  • Laundry Facilities

Recreation

  • Bike Trail

Building Details

  • 3 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $640
  • Gardener Expense $1,200
  • Insurance Expense $5,571
  • Maintenance Expense $3,850
  • Other Expense $20,600
  • Professional Management Expense $4,500
  • Trash Expense $1,200
  • Water Sewer Expense $2,400
  • Operating Expense $34,940
  • Gross Income $720
  • Net Operating Income $60,160

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,436

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Other Phone Description: 3109994389
  • Price Per Unit: 437500
  • Professional Management Expense: 4500.00
  • Property Attached: Yes
  • Subdivision Name Other: Belmont Shore (BSD)
  • Water Sewer Expenses: 2400.00
  • Zoning: LBR2S
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 7256032003
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 615.77

Exterior Features

  • Direction Faces: West
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: No
  • Parking Features: Street
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 3161.00
  • Lot Size Acres: 0.0726

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Average1 Bed Area: 850 Square Feet
  • Electric Expense: 640.00
  • Gross Income: 720.00
  • Gross Scheduled Income: 95100.00
  • Insurance Expense: 5571.00
  • Laundry Equipment Own Lease: Own
  • Laundry Income: 720.00
  • Lot Size Area: 3161.0000 Square Feet
  • Maintenance Expense: 3850.00
  • Net Operating Income: 60160.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 4
  • Number With Dishwasher: 2
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Operating Expense: 34940.00
  • Other Expense: 20600.00
  • Other Expense Description: taxes
  • Rent Control: Yes
  • Total Actual Rent: 6435.00
  • Total Expenses: 34940.00

Tax Info

  • Tax Block: 16
  • Tax Census Tract: 5773.00
  • Tax Lot: 3
  • Tax Tract Number: 3750
  • TaxOtherAnnualAssessmentAmount: 20192.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 12, 2021
Sold by
Jackson Desean
Bought by
Narrative 861 Llc
Current Estimated Value
$1,690,659

Purchase Details

Listed on
Mar 24, 2021
Closed on
Apr 12, 2021
Sold by
Quiliza Rizalino S
Bought by
Jackson Desean
Seller's Agent
Robert Haaga
Pacific Sotheby's Int'l Realty
Buyer's Agent
Zach Marsh
Cart Group., Inc.
List Price
$1,550,000
Sold Price
$1,600,000
Premium/Discount to List
$50,000
3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.82%
Original Mortgage
$999,999
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 4, 2013
Sold by
Quiliiza Rizalino B
Bought by
Quiliza Rizalino S and Quiliza Rizalino B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 18, 2008
Sold by
Quiliza Rizalino B
Bought by
Quiliza Rizalino B and Quiliza Elena S

Purchase Details

Closed on
Feb 15, 2008
Sold by
Quiliza Rizalino S
Bought by
Quiliza Rizalino B and Quiliza Elena S

Purchase Details

Closed on
Sep 7, 2005
Sold by
Carter Christopher J
Bought by
Quiliza Rizalino S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$982,500
Interest Rate
1.37%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jan 29, 2004
Sold by
Watt Janet S
Bought by
Carter Christopher J and Carter Kimberly Hsu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 3, 2003
Sold by
Watt David
Bought by
Watt Janet S

Purchase Details

Closed on
Mar 14, 2002
Sold by
Koch Erika
Bought by
Watt David and Watt Janet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$387,750
Interest Rate
7.08%

Purchase Details

Closed on
May 14, 1999
Sold by
Fill Walter A Tr Trust No 1
Bought by
Koch Erika and Koch Connie
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Narrative 861 Llc -- None Available
Jackson Desean $1,600,000 Fidelity National Title Co
Quiliza Rizalino S -- Fidelity National Title Co
Quiliza Rizalino S -- Wfg Title Company Of Ca
Quiliza Rizalino B -- None Available
Quiliza Rizalino B -- None Available
Quiliza Rizalino S $1,310,000 --
Carter Christopher J $1,025,000 First Southwestern Title Co
Watt Janet S -- --
Watt David $705,000 First Southwestern Title Co
Koch Erika $460,000 Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jackson Desean $999,999
Previous Owner Quiliza Rizalino S $550,000
Previous Owner Quiliza Rizalino S $982,500
Previous Owner Carter Christopher J $700,000
Previous Owner Watt David $387,750
Previous Owner Hontos William E $311,500
Closed Carter Christopher J $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2025 05/13/25 Rented $2,300 0.0% --
05/13/2025 05/13/25 Off Market $2,300 -- --
05/08/2025 05/08/25 For Rent $2,300 0.0% --
05/23/2023 05/23/23 Sold $1,710,000 -2.3% $616 / Sq Ft
02/09/2023 02/09/23 Price Changed $1,750,000 -1.4% $630 / Sq Ft
01/17/2023 01/17/23 Price Changed $1,775,000 -6.6% $639 / Sq Ft
12/07/2022 12/07/22 Price Changed $1,900,000 -4.8% $684 / Sq Ft
11/25/2022 11/25/22 Price Changed $1,995,000 -4.8% $718 / Sq Ft
11/01/2022 11/01/22 Price Changed $2,095,000 -0.2% $754 / Sq Ft
09/13/2022 09/13/22 Price Changed $2,100,000 +5.0% $756 / Sq Ft
05/25/2022 05/25/22 For Sale $2,000,000 +25.0% $720 / Sq Ft
05/19/2021 05/19/21 Sold $1,600,000 +3.2% $576 / Sq Ft
04/12/2021 04/12/21 Pending -- -- --
03/24/2021 03/24/21 For Sale $1,550,000 -- $558 / 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 $22,436 $1,779,084 $1,144,440 $634,644
2024 $22,436 $1,744,200 $1,122,000 $622,200
2023 $21,090 $1,632,000 $1,020,000 $612,000
2022 $20,164 $1,632,000 $1,020,000 $612,000
2021 $20,363 $1,649,584 $853,233 $796,351
2020 $20,311 $1,633,711 $844,485 $789,226
2019 $20,072 $1,601,699 $827,927 $773,772
2018 $19,577 $1,570,315 $811,694 $758,621
2016 $18,016 $1,508,340 $780,176 $728,164
2015 $17,282 $1,485,685 $768,458 $717,227
2014 $17,154 $1,456,583 $753,405 $703,178
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IN22111796

California Regional Multiple Listing Service (CRMLS)

APN: 7256-032-003