The Twelfth Street Apartments are located in the City of Long Beach, a premier coastal downtown within Los Angeles County. The subject property offers an attractive unit mix consisting of Studio’s, standard 1B/1B and 2B/1B units, and large 1B/1B and 2B/1B units totaling 18,380 square feet. This 28-unit property is situated over two contiguous parcels totaling 17,008 square feet and is located within a dense urban neighborhood known for its historic culture and accessibility to the heart of Downtown Long Beach. This pride-of-ownership asset has been beautifully manicured and recently renovated to include new exterior paint, new garage doors, new windows, upgraded courtyard, stucco, and front entry wood siding. Common area amenities include but are not limited to: secured and gated front/rear entrances, courtyard with artificial turf, ambient lighting, planter beds, and outdoor furniture, two on-site laundry facilities, and four enclosed garages and 9 open parking spaces. Having been professionally managed and meticulously improved, this asset offers a buyer the opportunity to cash flow from day one while also providing continued growth and rental demand within the historic “Wilmore City” district. The Twelfth Street Apartments are well suited to provide investors with strong returns and value appreciation over the long-term investment horizon.
Multi-familyProperty Type
1954Year Built
0.39 acresLot Size
$416Price/Sq.Ft.
4 garage spacesParking
Listed by Greg Bassirpou•DRE #01365951• Marcus & Millichap RE Invest
Bought with Jonathan Swire•DRE #01336277• The Agency
The subject property is located at 201-209 East 12th Street, between East Anaheim Street and East 10th Street just east of Pine Avenue. The tenants enjoy an on-site laundry facility as well as four garages and seven parking spaces. The building is separately metered for gas and electricity. The unit mix consists of two studio/one bath units, 22 - one bdrm/one bath units and four - two bdrm/one bath units.
Public Records
Oct 28, 2003
Sold
$1,750,000
$95/sq ft
Public Records
Dec 27, 1991
Sold
$915,000
$50/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$53,315 (+4.5%)
$2,637,101 + $1,422,018
$4,059,119
2024
$51,008 (+1.7%)
$2,585,394 + $1,394,136
$3,979,530
2023
$50,139 (+16.4%)
$2,534,700 + $1,366,800
$3,901,500
2022
$43,092 (+67.1%)
$2,485,000 + $1,340,000
$3,825,000
2021
$25,789 (+0.3%)
$2,223,600 + $1,193,400
$3,417,000
2020
$25,721 (+1.2%)
$1,379,575 + $591,245
$1,970,820
2019
$25,418 (+2.8%)
$1,365,430 + $585,183
$1,950,613
2018
$24,724 (+1.1%)
$1,338,657 + $573,709
$1,912,366
2017
$24,461 (+7.6%)
$1,286,676 + $551,432
$1,838,108
2016
$22,738 (+4.1%)
$1,286,676 + $551,432
$1,838,108
2015
$21,845 (+33.2%)
$1,261,448 + $540,620
$1,802,068
2014
$16,395 (+17.4%)
$762,000 + $508,000
$1,270,000
2012
$13,971 (+2.3%)
$693,000 + $462,000
$1,155,000
2011
$13,655 (+0.5%)
$630,000 + $420,000
$1,050,000
2010
$13,591 (−24.3%)
$630,000 + $420,000
$1,050,000
2009
$17,952 (+7.3%)
$630,000 + $420,000
$1,050,000
2008
$16,725
$873,936 + $582,624
$1,456,560
Tax history for 201 E 12th St
Year
Property tax
Land + Additions
Assessment*
2025
$53,315 (+4.5%)
$2,637,101 + $1,422,018
$4,059,119
2024
$51,008 (+1.7%)
$2,585,394 + $1,394,136
$3,979,530
2023
$50,139 (+16.4%)
$2,534,700 + $1,366,800
$3,901,500
2022
$43,092 (+67.1%)
$2,485,000 + $1,340,000
$3,825,000
2021
$25,789 (+0.3%)
$2,223,600 + $1,193,400
$3,417,000
2020
$25,721 (+1.2%)
$1,379,575 + $591,245
$1,970,820
2019
$25,418 (+2.8%)
$1,365,430 + $585,183
$1,950,613
2018
$24,724 (+1.1%)
$1,338,657 + $573,709
$1,912,366
2017
$24,461 (+7.6%)
$1,286,676 + $551,432
$1,838,108
2016
$22,738 (+4.1%)
$1,286,676 + $551,432
$1,838,108
2015
$21,845 (+33.2%)
$1,261,448 + $540,620
$1,802,068
2014
$16,395 (+17.4%)
$762,000 + $508,000
$1,270,000
2012
$13,971 (+2.3%)
$693,000 + $462,000
$1,155,000
2011
$13,655 (+0.5%)
$630,000 + $420,000
$1,050,000
2010
$13,591 (−24.3%)
$630,000 + $420,000
$1,050,000
2009
$17,952 (+7.3%)
$630,000 + $420,000
$1,050,000
2008
$16,725
$873,936 + $582,624
$1,456,560
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
15
Baths
14
Stories
—
Lot width
—
Lot depth
—
Lot size
8,506 Sq. Ft.
Year renovated
1954
Sq. Ft.
9,190
Year built
1954
Style
Multi-Family (5+ Unit)
County
Los Angeles County
APN
7273003007
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 6, 2026.
PD-30
Planned Development-Downtown Long Beach District
The Planned Development (PD) District is established to allow flexible development plans to be prepared for areas of the City which may benefit from the formal recognition of unique or special land uses and the establishment of special design policies and standards not otherwise possible under conventional zoning district regulations. Purposes of the planned development district include permitting a compatible mix of land uses, allowing for planned commercial areas and business parks, and encouraging a variety of housing styles and densities.
Permitted uses
Include but are not limited to:
Bank
General retail
Restaurant
Housing
Hotel / motel
Office
Public service
Theater / performing arts facility
Veterinary clinic
Park & open space
Aug 17, 2023 • Final
Plumbing
Plumbing
Jun 20, 2016 • Final
Remodel application
Remove and replace windows with new vinyl dual-glazed windows.
Remodel
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking / Garage Information
Uncovered Spaces: 9
# of Garage Spaces: 4
# of Parking Spaces: 13
Interior
Laundry Information
Has Laundry
Area
Interior Features
Levels: Two
Unit Type 1 Information
Unit Key Numeric: 11276378
Listing Key Numeric: 368906018
Actual Rent: $6,759
Total # of Baths: 1
# of Baths Full: 1
Total # of Beds: 2
Furnished: Unfurnished
Total Rent: $6,759
Total # of Units: 4
Unit Type 2 Information
Unit Key Numeric: 11276379
Listing Key Numeric: 368906018
Actual Rent: $33,559
Total # of Baths: 1
# of Baths Full: 1
Furnished: Unfurnished
Total # of Beds: 1
Total Rent: $33,559
Total # of Units: 22
Unit Type 3 Information
Listing Key Numeric: 368906018
Unit Key Numeric: 11276380
Actual Rent: $2,620
Total # of Baths: 1
# of Baths Full: 1
Furnished: Unfurnished
Total Rent: $2,620
Total # of Units: 2
Expenses
Fuel Expense: $5,565.50
Trash: $5,565.50
Total: $187,502
Insurance: $6,410
Water Sewer: $5,565.50
Electric: $5,565.50
New Taxes: $101,350
Multi-Unit Information
Net Operating Income: $324,505
Average 3 Bed Area Units: Sq. Ft.
Average 2 Bed Area Units: Sq. Ft.
Average 1 Bed Area Units: Sq. Ft.
Sq. Ft.
Total Building Area: 18,380
Gross Scheduled Income: $515,256
Gross Operating Income: $522,456
Gross Multiplier: 14.83
Gross Income: $522,456
Laundry Income: $7,200
# Of Separate Water Meters: 2
# Of Separate Gas Meters: 28
# Of Separate Electric Meters: 28
# Of Buildings: 2
Vacancy Allowance Rate: 2
Vacancy Allowance: 10449
Exterior
Exterior Features
Pool Features: None
Lot Information
Additional Parcels Description: 7273003010
Additional Parcels
Elevation Units: Feet
Lot Size Source: Public Records
Lot Features: Landscaped, Near Public Transit
Property Information
Total # of Units: 28
Common Walls: No Common Walls
Parcel Number: 7273003007
Total # of Stories: 2
Year Built Source: Public Records
Financial
Lease / Rental Details
Operating Expense: $187,502
Rent Control
Utilities
Utilities Information
Sewer: Public Sewer
Water Source: District/Public
Location
Neighborhood Information
Community Features: Sidewalks, Street Lighting
Location Information
Latitude: 33.78172900
Longitude: -118.19079300
Directions: Please do not disturb tenants. Make all offers subject to inspection. DRIVE BY ONLY
Zoning: LBPD29
Public facts
Beds: 15
Baths: 14.0
Sq. Ft.: 9,190
Stories: —
Lot Size: 8,506 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1954
Year Renovated: 1954
County: Los Angeles County
APN: 7273003007
Home facts updated by county records on Oct 6, 2026
Other
Listing Information
Days Active in MLS: 10
Continuous Days Active in MLS: 10
Listing Agent Information
List Agent First Name: Greg
List Agent Last Name: Bassirpou
Listing Office Information
List Office Name: Marcus & Millichap RE Invest
Selling Agent Information
Buyer Agent First Name: Jonathan
Buyer Agent Last Name: Swire
Selling Office Information
Buyer Office Name: The Agency
Around this home
Schools
Roosevelt Elementary School
Public K-5 • Assigned • 0.4mi
5/10
Washington Middle School
Public 6-8 • Assigned • 1.3mi
4/10
Polytechnic High School
Public 9-12 • Assigned • 0.6mi
7/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
7 days above 88° expected this year, 23 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
6/10 Air Factor
9 unhealthy days expected this year, 10 days in 30 years
Provided by First Street
Historical weather
Long Beach, CA • 90813
Average low and high temperatures (°F)
69
50
69
52
72
55
71
56
73
60
75
63
80
65
81
66
79
67
75
60
70
54
67
53
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.1 hours in
June and 6.9 hours in December, placing it above the
U.S. average for solar exposure.