NOT LISTED FOR SALE

Estimated Value: $1,012,000 - $1,034,000

7 Beds
6 Baths
3,432 Sq Ft
$299/Sq Ft Est. Value

Sale Details

Date Sold: January 23, 2026

Last sale price $1,020,125 $297 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $6,749 / mo

52 Days on Market

About This Home

As of January 2026

High income totally updated 4 unit property in Downtown Long Beach with a 4 bed, 2.5 bath front house full of character plus three 1 bed, 1 bath units in the rear. All units recently updated, newer roof, replaced stairs, landscaping and exterior refresh completed. Very well priced on income at 11.3X GRM on actuals and a 5.7% cap rate with upside to 10.7X GRM and a 6.1% cap rate on market rents. 2 garages in rear structure plus driveway parking for 3 cars by the front house. Potential for ADU conversion in rear garages. Separately metered for gas and electric, allowing a low expense building. Great location right in Downtown Long Beach just North of the East Village Arts District. Blocks away from St. Mary's hospital, Museum of Latin American Art, rail lines, and $8 billion of new development. Only 8 blocks to the beach.

Last Agent to Sell the Property

Anthony Walker

Buckingham Investments, Inc Brokerage Phone: 310-561-4776 License #01908153 Listed on: 10/03/2025

Co-Listed By

Josh Ess

Buckingham Investments, Inc Brokerage Phone: 310-561-4776 License #02035659

Last Buyer's Agent

NONE NONE

None MRML License #N/A

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 5,001 Sq Ft Lot
  • 1 Common Wall
  • Rectangular Lot

Parking

  • 2 Car Garage
  • 3 Open Parking Spaces
  • Parking Available
  • Rear-Facing Garage

Home Design

  • Quadruplex
  • Entry on the 1st floor
  • Composition Roof

Interior Spaces

  • 3,432 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 6 Bathrooms

Additional Features

  • Suburban Location
  • Natural Gas Connected

Listing and Financial Details

  • Legal Lot and Block 3 / 23
  • Tax Tract Number 5763
  • Assessor Parcel Number 7274021011
  • $859 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Downtown Subdivision

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $11
  • Fuel Expense $398
  • Gardener Expense $325
  • Insurance Expense $4,290
  • Maintenance Expense $3,630
  • Pest Control $585
  • Professional Management Expense $4,617
  • Trash Expense $442
  • Water Sewer Expense $442
  • New Taxes Expense $13,688
  • Operating Expense $29,479
  • Gross Income $97,200
  • Net Operating Income $62,862

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

5,001 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: Yes
  • CapRate: 5.70
  • Professional Management Expense: 4617.00
  • Property Attached: Yes
  • Subdivision Name Other: Downtown (DT)
  • Water Sewer Expenses: 442.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 325.00
  • Parcel Number: 7274021011
  • Year Built: 1910
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 297.24

Exterior Features

  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage Faces Rear
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 3.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Laundry: No
  • Electric: Standard
  • Pest Control Expense: 585.00
  • Sewer: Public Sewer
  • Trash Expense: 442.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 5001.00
  • Lot Size Acres: 0.1148

Multi Family

  • Electric Expense: 11.00
  • Fuel Expense: 398.00
  • Gross Income: 97200.00
  • Gross Multiplier: 11.30
  • Gross Operating Income: 92340.00
  • Gross Scheduled Income: 97200.00
  • Insurance Expense: 4290.00
  • Lot Size Area: 5001.0000 Square Feet
  • Maintenance Expense: 3630.00
  • Net Operating Income: 62862.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 29479.00
  • Rent Control: Yes
  • Total Expenses: 29479.00
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 13688.00
  • Tax Block: 23
  • Tax Census Tract: 5763.02
  • Tax Lot: 3
  • Tax Tract Number: 5763.02
  • TaxOtherAnnualAssessmentAmount: 859.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2025
Closed on
Jan 2, 2026
Sold by
Peach Eight 1349 Llc
Bought by
Pai David
Seller's Agent
Anthony Walker
Buckingham Investments, Inc
Buyer's Agent
NONE NONE
None MRML
List Price
$1,095,000
Sold Price
$1,020,125
Premium/Discount to List
-$74,875
-6.84%
Views
32
Current Estimated Value
$1,025,340

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,215
Avg. Annual Appreciation
2.15%
Original Mortgage
$867,106
Outstanding Balance
$866,278
Interest Rate
6.22%
Mortgage Type
New Conventional
Estimated Equity
$159,062

Purchase Details

Closed on
May 22, 2025
Sold by
Adams Amin Family Trust and Adams Joerg Michael
Bought by
Peach Eight 1349 Llc

Purchase Details

Closed on
Apr 22, 2022
Sold by
Adams Joerg Michael
Bought by
Adams Joerg and Amin Puja

Purchase Details

Listed on
Jan 7, 2020
Closed on
Mar 2, 2020
Sold by
Amaya Blanca N
Bought by
Lee Woojoo
Seller's Agent
JORGE VITERI
CALIFORNIA HOME SERVICES
Buyer's Agent
JORGE VITERI
CALIFORNIA HOME SERVICES
List Price
$850,000
Sold Price
$865,000
Premium/Discount to List
$15,000
1.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.82%
Original Mortgage
$648,750
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 7, 2020
Closed on
Feb 24, 2020
Sold by
Cho Yonsun
Bought by
Lee Woojoo
Seller's Agent
JORGE VITERI
CALIFORNIA HOME SERVICES
Buyer's Agent
JORGE VITERI
CALIFORNIA HOME SERVICES
List Price
$850,000
Sold Price
$865,000
Premium/Discount to List
$15,000
1.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$648,750
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2019
Sold by
Amaya Jose
Bought by
Amaya Blanca N

Purchase Details

Closed on
Jul 10, 2019
Sold by
Amaya Jose and Amaya Maria Lidia
Bought by
Amaya Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$570,000
Interest Rate
3.82%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 26, 2006
Sold by
Amaya Jose
Bought by
Amaya Jose and Amaya Maria Lidia

Purchase Details

Closed on
Feb 23, 2004
Sold by
Amaya Jose and Amaya Maria L
Bought by
Amaya Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$349,500
Interest Rate
7.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 7, 1998
Sold by
Amaya Blanca Nelly and Amaya Samuel Armando
Bought by
Amaya Blanca Nelly and Amaya Ricardo E

Purchase Details

Closed on
Mar 4, 1998
Sold by
Stovall James
Bought by
Amaya Samuel Armando and Amaya Ricardo Ernesto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,079
Interest Rate
6.99%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 18, 1997
Sold by
Stovall Cynthia Yvonne
Bought by
Stovall James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
7.58%

Purchase Details

Closed on
Jul 17, 1997
Sold by
Hochstatter Mark and Hochstatter Jeanette R
Bought by
Stovall James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
7.58%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Pai David $1,020,500 Commonwealth Land Title Compan
Peach Eight 1349 Llc -- None Listed On Document
Adams Joerg -- None Listed On Document
Lee Woojoo $865,000 Wfg Title Company Of Ca
Lee Woojoo -- Wfg Title Company Of Ca
Amaya Blanca N -- Wfg National Title Company
Amaya Jose -- Wfg Title Company Of Ca
Amaya Jose -- Financial Title Company
Amaya Jose -- First American Title Co Los
Amaya Jose -- First American Title Co Los
Amaya Blanca Nelly -- --
Amaya Samuel Armando $258,000 United Title Company
Stovall James -- North American Title Co
Stovall James $67,500 North American Title Co
Stovall James $67,500 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pai David $867,106
Previous Owner Lee Woojoo $648,750
Previous Owner Amaya Jose $570,000
Previous Owner Amaya Jose $349,500
Previous Owner Amaya Samuel Armando $248,079
Previous Owner Stovall James $144,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/23/2026 01/23/26 Sold $1,020,125 -6.8% $297 / Sq Ft
11/24/2025 11/24/25 Pending -- -- --
10/03/2025 10/03/25 For Sale $1,095,000 0.0% $319 / Sq Ft
03/22/2021 03/22/21 Sold $1,095,500 0.0% $319 / Sq Ft View Prior Sale
03/09/2021 03/09/21 For Sale $1,095,000 0.0% $319 / Sq Ft
02/25/2021 02/25/21 Pending -- -- --
02/22/2021 02/22/21 Pending -- -- --
02/12/2021 02/12/21 For Sale $1,095,000 0.0% $319 / Sq Ft
02/11/2021 02/11/21 Off Market $1,095,500 -- --
02/03/2021 02/03/21 For Sale $1,095,000 +26.6% $319 / Sq Ft
03/09/2020 03/09/20 Sold $865,000 +1.8% $252 / Sq Ft View Prior Sale
01/13/2020 01/13/20 Pending -- -- --
01/07/2020 01/07/20 For Sale $850,000 -- $248 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $15,299 $1,185,802 $768,526 $417,276
2024 $15,299 $1,162,552 $753,457 $409,095
2023 $15,041 $1,139,758 $738,684 $401,074
2022 $14,121 $1,117,410 $724,200 $393,210
2021 $11,196 $873,960 $565,801 $308,159
2020 $11,166 $865,000 $560,000 $305,000
2019 $8,177 $611,778 $242,159 $369,619
2018 $7,915 $599,783 $237,411 $362,372
2016 $7,274 $576,494 $228,193 $348,301
2015 $6,989 $567,836 $224,766 $343,070
2014 $6,955 $556,714 $220,364 $336,350
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB25232103

California Regional Multiple Listing Service (CRMLS)

APN: 7274-021-011

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