$1,050,000
OPEN FRI 1PM - 4PM

Estimated payment $6,598/month

Total Views 522
8 Beds
5 Baths
2,725 Sq Ft
$385 Price per Sq Ft

Highlights

  • No HOA
  • Bungalow
  • Wrought Iron Fence
  • Long Beach Polytechnic High School Rated A
  • Tile Flooring
  • West Facing Home

About This Home

Two large totally renovated 4 bedroom homes on a lot for the price of one! Move-in ready front house plus an upgraded rear house generating enough consistent income to cover more than 50% of your mortgage with a long-term stable rental history. With over 2700 of total rentable square footage, both houses have been totally modernized including renovated bathrooms & kitchens, new windows, vinyl flooring, overhead lighting, open concept floor plans, and in-unit laundry. Extensive major system replacements have been done with new electrical wiring and panels (2019), full plumbing supply & drain re-pipe (2025), sewer line (2024), and new fencing and security gate (2022). Both homes also offer attractive outdoor spaces making each feel like a true single family residence. A covered porch and large patio in the front plus a private side deck with an outdoor bonus room give the front home tons of indoor/outdoor living while the rear home offers a private patio plus gated parking for 2 cars. The two units are separately metered for gas an electrical, minimizing expenses.

Located at the border between Craftsman Village and Cambodia town neighborhoods, the location is very walkable with many local markets and shops. Short commutes of 10 blocks to the beach, 2 miles to the 710 freeway, and 2.5 miles to the 405. The Blue line with express service to downtown LA is just 1 mile to the West.

Listing Agent

Anthony Walker

Buckingham Investments, Inc Brokerage Phone: 310-561-4776 License #01908153 Listed on: 08/06/2026

Co-Listing Agent

Josh Ess

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

Open House Schedule

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1918

Lot Details

  • 5,858 Sq Ft Lot
  • No Common Walls
  • West Facing Home
  • Wrought Iron Fence
  • Wood Fence
  • Rectangular Lot

Home Design

  • Duplex
  • Bungalow
  • Entry on the 1st floor
  • Turnkey
  • Raised Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,725 Sq Ft Home
  • 1-Story Property
  • Gas Range
  • Laundry in unit

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Full Bathrooms

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Available
  • Driveway

Location

  • Urban Location

Utilities

  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 3129
  • Assessor Parcel Number 7267018003
  • $683 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units
  • Downtown Subdivision

Amenities

  • Laundry Facilities

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,600
  • Insurance Expense $3,406
  • Maintenance Expense $3,696
  • Pest Control $2,057
  • Professional Management Expense $3,696
  • Water Sewer Expense $833
  • New Taxes Expense $13,125
  • Operating Expense $28,913
  • Gross Income $76,200
  • Net Operating Income $45,001

Property Details

Home Type

Multi-Family

Year Built

Built in 1918

Lot Details

5,858 Sq Ft Lot

Listing Details

  • Assessments: Yes
  • CapRate: 4.30
  • Professional Management Expense: 3696.00
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Downtown (DT)
  • View: No
  • Water Sewer Expenses: 833.00
  • Architectural Style: Bungalow
  • Property Condition: Turnkey
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 1600.00
  • Parcel Number: 7267018003
  • Year Built: 1918
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: OpenHouse

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Tile, Laminate
  • Appliances: Yes
  • Full Bathrooms: 5
  • Total Bedrooms: 8
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 385.32

Exterior Features

  • Direction Faces: West
  • Foundation: Raised
  • Fence: Yes
  • Fencing: Wood, Wrought Iron
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Natural Gas Connected, Electricity Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Pest Control Expense: 2057.00
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 5858.00
  • Lot Size Acres: 0.1345

Rental Info

  • Tenant Pays: Gas, Electricity

Multi Family

  • Gross Income: 76200.00
  • Gross Multiplier: 13.78
  • Gross Operating Income: 73914.00
  • Gross Scheduled Income: 76200.00
  • Insurance Expense: 3406.00
  • Lot Size Area: 5858.0000 Square Feet
  • Maintenance Expense: 3696.00
  • Net Operating Income: 45001.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 28913.00
  • Rent Control: No
  • Total Expenses: 28913.00
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 13125.00
  • Tax Census Tract: 5764.03
  • Tax Lot: 3
  • Tax Tract Number: 3129
  • TaxOtherAnnualAssessmentAmount: 683.00

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $9,912 $727,269 $470,265 $257,004
2024 $9,484 $713,010 $461,045 $251,965
2023 $9,327 $699,030 $452,005 $247,025
2022 $8,763 $685,325 $443,143 $242,182
2021 $8,583 $671,888 $434,454 $237,434
2020 $8,560 $665,000 $430,000 $235,000
2019 $6,157 $461,542 $318,684 $142,858
2018 $5,904 $452,493 $312,436 $140,057
2016 $5,421 $434,923 $300,304 $134,619
2015 $5,207 $428,391 $295,794 $132,597
2014 $14,181 $492,224 $341,543 $150,681
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 Prior Sale
08/06/2026 08/06/26 For Sale $1,050,000 0.0% $385 / Sq Ft
10/13/2023 10/13/23 Rented $3,600 0.0% --
08/23/2023 08/23/23 For Rent $3,600 0.0% --
08/09/2019 08/09/19 Sold $665,000 0.0% $244 / Sq Ft View Prior Sale
07/12/2019 07/12/19 Pending -- -- --
07/05/2019 07/05/19 For Sale $665,000 +58.3% $244 / Sq Ft
06/20/2014 06/20/14 Sold $420,000 -28.0% $154 / Sq Ft View Prior Sale
06/03/2014 06/03/14 Pending -- -- --
04/24/2014 04/24/14 For Sale $583,626 +94.5% $214 / Sq Ft
11/05/2012 11/05/12 Sold $300,000 -14.3% $110 / Sq Ft View Prior Sale
09/05/2012 09/05/12 Pending -- -- --
08/30/2012 08/30/12 For Sale $350,000 -- $128 / 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 $665,000 First American Title Company
Interfamily Deed Transfer -- Accommodation
Grant Deed $420,000 North American Title Company
Trustee Deed $566,311 Landsafe Title
Interfamily Deed Transfer -- --
Grant Deed $630,000 First American 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 $507,000 New Conventional
Closed $498,750 New Conventional
Previous Owner $261,250 New Conventional
Previous Owner $504,000 New Conventional
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB26171304

California Regional Multiple Listing Service (CRMLS)

APN: 7267-018-003

Your Personal Tour Guide

Ask me questions while you tour the home.