$1,199,900
$35K PRICE DROP

Estimated payment $7,376/month

Total Views 13,138
8 Beds
4 Baths
3,200 Sq Ft
$375 Price per Sq Ft

Highlights

  • Laundry Room
  • Wood Fence
  • Wall Furnace
  • Long Beach Polytechnic High School Rated A

About This Home

Fantastic Investment Opportunity Just Outside Downtown Long Beach! Welcome to 911 E. 10th St., a well-maintained 4-unit multifamily property located just minutes from the heart of Downtown Long Beach. Each of the four units features a 2-bedroom, 1-bathroom layout—ideal for steady rental income or multi-generational living. Every unit includes interior laundry hookups for added convenience, and each has its own dedicated parking space, a valuable amenity in this urban area. Positioned in a high-demand rental market with close proximity to shopping, dining, public transit, and the beach, this property offers excellent long-term value. Whether you're an investor looking for strong returns or an owner-occupant seeking additional income, 911 E. 10th St. checks all the boxes.

Listing Agent

Juan Huizar

Sage Real Estate Group, Inc. Brokerage Phone: 562-307-0838 License #01417642 Listed on: 04/04/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,982

Year Built

  • Built in 1961

Lot Details

  • 4,017 Sq Ft Lot
  • No Common Walls
  • Wood Fence
  • Density is up to 1 Unit/Acre

Home Design

  • Quadruplex

Interior Spaces

  • 3,200 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Parking Available
  • Driveway

Utilities

  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Legal Lot and Block 13 / 13
  • Assessor Parcel Number 7274010014
  • $823 per year additional tax assessments

Community Details

Overview

  • 4 Units
  • Alamitos Beach Subdivision

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,200
  • Insurance Expense $5,000
  • Trash Expense $2,400
  • Water Sewer Expense $2,400
  • New Taxes Expense $15,437
  • Operating Expense $29,304
  • Gross Income $97,680
  • Net Operating Income $68,376

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,982

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Assessments: Yes
  • Price Per Unit: 299975
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Alamitos Beach (AB)
  • View: No
  • Water Sewer Expenses: 2400.00
  • Zoning: LBR4R
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 7274010014
  • Year Built: 1961
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 374.97

Exterior Features

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

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 2400.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 4017.00
  • Lot Size Acres: 0.0922

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average2 Bed Area: 800 Square Feet
  • Electric Expense: 1200.00
  • Gross Income: 97680.00
  • Gross Multiplier: 12.28
  • Gross Operating Income: 94800.00
  • Gross Scheduled Income: 97680.00
  • Insurance Expense: 5000.00
  • Lot Size Area: 4017.0000 Square Feet
  • Net Operating Income: 68376.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 29304.00
  • Rent Control: Yes
  • Total Actual Rent: 8140.00
  • Total Expenses: 29304.00

Tax Info

  • New Taxes Expense: 15437.00
  • Tax Block: 13
  • Tax Census Tract: 5763.02
  • Tax Lot: 13
  • TaxOtherAnnualAssessmentAmount: 823.00

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 $8,982 $668,223 $278,661 $389,562
2024 $8,982 $655,122 $273,198 $381,924
2023 $8,827 $642,278 $267,842 $374,436
2022 $8,297 $629,686 $262,591 $367,095
2021 $8,117 $617,341 $257,443 $359,898
2019 $8,001 $600,032 $249,808 $350,224
2018 $7,754 $588,287 $244,910 $343,377
2017 $7,672 $575,772 $240,108 $335,664
2016 $7,128 $564,483 $235,400 $329,083
2015 $6,848 $556,005 $231,865 $324,140
2014 $6,815 $545,115 $227,324 $317,791
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2025 06/23/25 Price Changed $1,199,900 -2.8% $375 / Sq Ft
04/04/2025 04/04/25 For Sale $1,235,000 -- $386 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- First American Title Co La
Grant Deed $470,000 Fatcola
Interfamily Deed Transfer -- First Southwestern Title Co
Interfamily Deed Transfer -- First Southwestern Title Co
Grant Deed $300,000 First Southwestern Title Co
Grant Deed $300,000 First Southwestern Title Co
Grant Deed $210,000 First Southwestern Title Co
Grant Deed $284,134 --
Trustee Deed $284,134 --
Grant Deed $279,000 Gateway Title Company
Grant Deed $120,000 Gateway Title Company
Trustee Deed $170,000 Stewart Title
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $637,500 New Conventional
Closed $637,500 Unknown
Closed $428,400 Unknown
Previous Owner $423,000 Purchase Money Mortgage
Previous Owner $270,000 No Value Available
Previous Owner $224,500 No Value Available
Previous Owner $267,537 FHA
Previous Owner $120,000 No Value Available
Closed $15,000 No Value Available
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW25072320

California Regional Multiple Listing Service (CRMLS)

APN: 7274-010-014