$1,248,000
$47K PRICE DROP

Estimated payment $7,982/month

Total Views 3,809
6 Beds
4 Baths
1,800 Sq Ft
$693 Price per Sq Ft

Highlights

  • Lawn
  • No HOA
  • Laundry Room
  • Woodrow Wilson High School Rated A
  • Cooling System Mounted To A Wall/Window
  • 1 Car Garage

About This Home

Three Charming Detached Homes in the Prime Rose Hill Historic Area of Long Beach! A Peaceful Residential Vibe! Perfect Owner User Setup With Rental Upside! Whether You're An Owner-User Dreaming Of Offsetting Your Mortgage Or An Investor Looking For Strong Rental Income, This Property Checks All The Boxes! Location, Charm, And Opportunity! The Front Home Is A Classic And Spacious 3 Bedroom, 2 Bathroom California Craftsman Built In 1912, Full Of Original Character, Hardwood Floors And That Warm, Timeless Charm! The 2nd Home Is A Spacious 2 Bedroom (Small 2nd Bedroom, Nursery, or Office), 1 Full Bathroom Cottage, Privately Set Back And Perfect For Steady Rental Income Or Guests! The 3rd Detached Home Is An Attractive And Cozy Studio With 3/4 Bathroom. There Is A Separate Car Garage That Could Also Be An ADU? Each Unit Has Its Own Personality, Private Entry, And Access On A Deep Lot With Mature Landscaping, Including A Gorgeous Jacaranda Tree! This is An Unbeatable Location Just Minutes From CSULB, Retro Row, Belmont Shore, 4th Street Shops, And The Beach. Fantastic Long-Term Tenants That Would Love to Stay, But Month-To-Month To Meet Your Goals! Rarely Do Properties Like This Come Available With So Much Versatility In Such A Prime Area. Tenants are wonderful and pay all utilities!

Listing Agent

Dave Chamberlain

Team Chamberlain Realty Exe. Brokerage Phone: 714-875-5330 License #00762670 Listed on: 08/02/2025

Team Chamberlain Realty Exe.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,000

Year Built

  • Built in 1922

Lot Details

  • 6,508 Sq Ft Lot
  • 1 Common Wall
  • Vinyl Fence
  • Wood Fence
  • Lawn
  • Front Yard
  • Density is up to 1 Unit/Acre

Parking

  • 1 Car Garage
  • Parking Available
  • Front Facing Garage
  • Driveway

Home Design

  • Triplex
  • Entry on the 1st floor

Interior Spaces

  • 1,800 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Location

  • Suburban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 5500
  • Assessor Parcel Number 7262019003
  • $487 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,000
  • Maintenance Expense $1,000
  • Operating Expense $2,000
  • Gross Income $73,200
  • Net Operating Income $55,264

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,000

Year Built

Built in 1922

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • CapRate: 4.30
  • Price Per Unit: 416000
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Rose Hill Historic District
  • View: No
  • Zoning: LBR2N
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 7262019003
  • Year Built: 1922
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Entry Location: 1 Front, 2 Rear
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 693.33

Exterior Features

  • Fence: Yes
  • Fencing: Vinyl, Wood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, Garage Faces Front
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Laundry: Yes
  • Electric: Standard
  • Laundry Features: Individual Room, Inside, 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: Curbs, Gutters, Sidewalks, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Front Yard, Lawn
  • Lot Size Sq Ft: 6508.00
  • Lot Size Acres: 0.1494

Rental Info

  • Tenant Pays: All Utilities, Grounds Care

Multi Family

  • Average2 Bed Area: 400 Square Feet
  • Average3 Bed Area: 1200 Square Feet
  • Average Studio Area: 200 Square Feet
  • Gross Income: 73200.00
  • Gross Multiplier: 16.90
  • Gross Operating Income: 75264.00
  • Gross Scheduled Income: 76800.00
  • Gross Spendable Income: 55264.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 6508.0000 Square Feet
  • Maintenance Expense: 1000.00
  • Net Operating Income: 55264.00
  • Number Of Rented Garages: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 3
  • Operating Expense: 20000.00
  • Rent Control: No
  • Total Actual Rent: 6100.00
  • Total Expenses: 2000.00
  • Vacancy Allowance Rate: 2.00

Tax Info

  • Tax Census Tract: 5769.04
  • Tax Lot: 3
  • Tax Tract: 5500
  • Tax Tract Number: 5500
  • TaxOtherAnnualAssessmentAmount: 487.00

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 $16,000 $1,275,000 $816,000 $459,000
2024 $16,000 $1,250,000 $800,000 $450,000
2023 $9,793 $747,953 $557,759 $190,194
2022 $9,194 $733,288 $546,823 $186,465
2021 $9,013 $718,910 $536,101 $182,809
2020 $8,990 $711,539 $530,604 $180,935
2019 $8,885 $697,588 $520,200 $177,388
2018 $8,606 $683,910 $510,000 $173,910
2016 $7,081 $585,000 $364,200 $220,800
2015 $6,894 $585,000 $364,200 $220,800
2014 $6,353 $530,000 $330,000 $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2025 09/05/25 Price Changed $1,248,000 -3.6% $693 / Sq Ft
08/02/2025 08/02/25 For Sale $1,295,000 +3.6% $719 / Sq Ft
10/29/2023 10/29/23 Sold $1,250,000 -3.5% $742 / Sq Ft
09/11/2023 09/11/23 For Sale $1,295,000 0.0% $769 / Sq Ft
08/03/2021 08/03/21 Rented $2,700 0.0% --
07/21/2021 07/21/21 For Rent $2,700 -3.6% --
02/21/2020 02/21/20 Rented $2,800 0.0% --
12/16/2019 12/16/19 For Rent $2,800 0.0% --
07/29/2016 07/29/16 Sold $670,000 +2.3% $398 / Sq Ft
06/14/2016 06/14/16 Pending -- -- --
06/14/2016 06/14/16 For Sale $655,000 0.0% $389 / Sq Ft
06/02/2016 06/02/16 For Sale $655,000 -- $389 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Deed -- Legacy One Law Firm
Grant Deed $670,500 Chicago Title Company
Grant Deed $700,000 Old Republic Title Company
Grant Deed $244,000 Southland Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $537,468 New Conventional
Closed $675,600 New Conventional
Closed $675,000 New Conventional
Previous Owner $488,500 New Conventional
Previous Owner $96,000 Unknown
Previous Owner $533,850 Purchase Money Mortgage
Previous Owner $320,000 Unknown
Previous Owner $244,000 Unknown
Previous Owner $240,587 FHA
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW25174087

California Regional Multiple Listing Service (CRMLS)

APN: 7262-019-003