$830,000
SOLD FEB 26, 2025
7 Beds
4 Baths
3,876 Sq Ft
6,000 Sq Ft Lot

Recently Sold

$214 Per Sq Ft

16% Below List Price

269 Days on Market

About This Home

As of February 2025

Three units currently configured as mixed use with two residential units and one commercial unit with 5 parking spots. The front building upstairs is a 3 bedroom 2 bath residential unit and the downstairs unit was converted back to a commercial unit with usage per the city as a Doctures office/Medical office. At the rear of the property is a separate detached 4 bedroom 2 bath house with large covered front porch. Entire property has newer exterior paint. Sale of this property comes with approved plans to convert the downstairs commercial unit into 2 ADU units. Great opportunity to keep the current configuration or complete the ADU project and have a total of 4 residential units.

Last Agent to Sell the Property

Steven Guthrie

Platinum Finance Properties Brokerage Phone: 714-625-7240 License #01440504

Last Buyer's Agent

Leslie Ocampo

American Financial Group License #01296051

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,837

Year Built

  • Built in 1929

Lot Details

  • 6,000 Sq Ft Lot
  • 1 Common Wall
  • Private Yard

Home Design

  • Property Attached

Interior Spaces

  • 3,876 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 5764
  • Assessor Parcel Number 7267028002
  • $814 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,200
  • Professional Management Expense $1,200
  • Trash Expense $500
  • Water Sewer Expense $1,500
  • Operating Expense $5,400
  • Gross Income $28,800
  • Net Operating Income $23,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,837

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Price Per Unit: 266633
  • Professional Management Expense: 1200.00
  • Property Attached: Yes
  • Subdivision Name Other: Unknown
  • Water Sewer Expenses: 1500.00
  • Zoning: LBCNR
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 7267028002
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: 1
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Price Per Square Foot: 214.14

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 500.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 6000.00
  • Lot Size Acres: 0.1377

Multi Family

  • Gross Income: 28800.00
  • Gross Scheduled Income: 28800.00
  • Insurance Expense: 2200.00
  • Lot Size Area: 6000.0000 Square Feet
  • Net Operating Income: 23400.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 5400.00
  • Rent Control: No
  • Total Expenses: 5400.00

Tax Info

  • Tax Census Tract: 5764.03
  • Tax Lot: 2
  • Tax Tract Number: 5764
  • TaxOtherAnnualAssessmentAmount: 814.00

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Property History

Date Event Price Change Sq Ft Price
02/26/2025 02/26/25 Sold $830,000 +3.8% $214 / Sq Ft
12/20/2024 12/20/24 Price Changed $799,900 -19.2% $206 / Sq Ft
12/19/2024 12/19/24 Pending -- -- --
03/25/2024 03/25/24 For Sale $989,900 -- $255 / 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
2024 $10,837 $796,476 $557,534 $238,942
2023 $10,537 $780,859 $546,602 $234,257
2022 $9,904 $765,549 $535,885 $229,664
2021 $9,694 $750,539 $525,378 $225,161
2020 $9,668 $743,404 $519,991 $223,413
2019 $9,557 $728,840 $509,796 $219,044
2018 $9,221 $714,560 $499,800 $214,760
2016 $4,970 $383,815 $184,948 $198,867
2015 $4,779 $378,050 $182,170 $195,880
2014 $4,760 $370,645 $178,602 $192,043
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $300,000 New Conventional
Previous Owner $494,000 Negative Amortization
Previous Owner $441,000 Unknown
Previous Owner $320,000 Unknown
Previous Owner $282,670 FHA
Source: Public Records

Deed History

Date Type Sale Price Title Company
Grant Deed $830,000 Wfg National Title
Trustee Deed $606,500 None Available
Grant Deed -- None Available
Grant Deed -- --
Corporate Deed $285,000 Lawyers Title Company
Grant Deed $142,000 Stewart Title
Source: Public Records

Similar Homes in Long Beach, CA

  • 1715 E 7th St, Long Beach, CA 90813

    $795,000

    • 4 Beds
    • 3 Baths
    • 1,380 Sq Ft
    • 1715 E 7th St
    • Long Beach, CA

    TWO UNITS IN ONE LOT, 3 BEDROOMS + 1 3/4 BATH IN FRONT IS OCCUPIED AND 1 BEDROOM IN BACK. NEW EXTERIOR PAINT AND NEW GARAGE DOORS. INFORMATION PROVIDED BY SELLER, BUT NOT VERIFIED BY LISTING OFFICE. BUYER TO VERIFY ALL INFORMATION

    Willis Allen Queen City Realty

    Section Image
  • 1339 Peterson Ave, Long Beach, CA 90813

    $949,000

    • 4 Beds
    • 3 Baths
    • 1,516 Sq Ft
    • 1339 Peterson Ave
    • Long Beach, CA

    CLOSE TO BUSINESSES ,MARKET , DOCTOR OFFICES AND RESTAURANTS, CLOSE TO FREEWAYS AND SCHOOLIn the heart of Cambodian neigborhood

    Robert Thai Greenfield Realty

    Section Image
  • 341 Bonito Ave, Long Beach, CA 90802

    $825,000

    • 4 Beds
    • 2 Baths
    • 3,268 Sq Ft
    • 341 Bonito Ave
    • Long Beach, CA

    Nestled in the heart of the Art District, just three blocks from the beach and minutes from shopping, this versatile property offers endless possibilities. The upper level features four bedrooms, a den, and 1.5 bathrooms, complemented by contemporary colors, laminate flooring, and an inviting outdoor patio. The ground floor is designed for business use, boasting five offices, a welcoming waiting

    Mylene Le Bail Keller Williams Pacific Estate

    Section Image
  • 1354 Orange Ave, Long Beach, CA 90813

    $799,000

    • 4 Beds
    • 3 Baths
    • 2,001 Sq Ft
    • 1354 Orange Ave
    • Long Beach, CA

    Your clients will not be happy with you if they miss this OPPORTUNITY !!! Corner Lot Triplex (2 Buildings). Single-family one-story residence on the corner (possible owner's unit) and a two-story duplex behind one-story residence facing side street (Werner St.). Front one-story residence is a 2-bedroom/1-bath, Duplex is two 1-bedroom/1-bath units. There is a single garage and two driveways

    Rick Payne OPTIMAX

    Section Image
  • 1115 Myrtle Ave, Long Beach, CA 90813

    $775,000

    • 4 Beds
    • 3 Baths
    • 1,494 Sq Ft
    • 1115 Myrtle Ave
    • Long Beach, CA

    Classic multi-family property in the desirable Long Beach City area offers a fantastic opportunity for homeowners and/or investors. Featuring two separate units, each with its own electric and gas meters, this property has been thoughtfully maintained and has a brand-new roofs installed in 2024 for added peace of mind to new owner. The front unit is a HOME, with three-bedroom, two-bath that

    Lucian Petrusan C-21 Realty Team

    Section Image
  • 1463 Orange Ave, Long Beach, CA 90813

    $950,000

    • 4 Beds
    • 3 Baths
    • 2,194 Sq Ft
    • 1463 Orange Ave
    • Long Beach, CA

    Welcome to 1463/1465 Orange Ave, a charming and versatile duplex in the heart of Long Beach's Poly High District. With two spacious units totaling 2,194 square feet, this property is ideal for two families looking to live nearby while enjoying their own space, investors searching for dependable rental income, or house hackers ready to live in one unit and rent out the other.Each unit features two

    Mark King KRE8 Realty

    Section Image
  • 1069 Lime Ave Unit 2, Long Beach, CA 90813

    $825,000

    • 4 Beds
    • 2 Baths
    • 2,366 Sq Ft
    • 1069 Lime Ave
    • Unit 2
    • Long Beach, CA

    Beautiful Big Duplex on a Huge Lot, WITH HUGE BALCONY UP STAIRS, AND HUGE PORCH DOWNSTAIRS. Big front and back yard, Very Vintage Style. 2 laundry areas, PARKING, INCOME PROPERTY, LIVE IN ONE OR TWO, AND RENT THE OTHER. CLOSE TO THE BEACH.

    Gloria Bradley Vylla Home, Inc.

    Section Image
  • 321 E 9th St, Long Beach, CA 90813

    $699,900

    • 4 Beds
    • 2 Baths
    • 1,368 Sq Ft
    • 321 E 9th St
    • Long Beach, CA

    Excellent opportunity for new investors or for those looking to offset their monthly mortgage payment by living in one unit and renting out the other. Currently both units are fully rented. Located on quiet street, close to public transportation including the Long Beach Metro Blue Line that travels to Los Angeles. Duplex is located in close proximity to shopping and many eateries.

    Johnny & Becky Carmona The Real Estate Solution

    Section Image
  • 1478 Linden Ave, Long Beach, CA 90813

    $895,000

    • 6 Beds
    • 3 Baths
    • 2,630 Sq Ft
    • 1478 Linden Ave
    • Long Beach, CA

    For Sale: Spanish-Style Triplex with ADU Potential – 1478 Linden Ave., Long Beach, CA 90813An exceptional income-generating triplex in the heart of Long Beach, offering strong cash flow with room for additional development. This Spanish-style property consists of a detached front house and a rear duplex, all with recently remodeled kitchens and solid rental income.Property

    Juan Huizar Sage Real Estate Group, Inc.

    Section Image

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24059479

California Regional Multiple Listing Service (CRMLS)

APN: 7267-028-002