A great opportunity to own a well-maintained triplex income property near downtown Long Beach In the beautiful historical Willmore City/Drake Park District which was the first historic district declared by the City of Long Beach . This triplex offers 3 – large one bedroom units each with their own 1-car garages and dual paned windows throughout. The ground floor unit has a private patio yard area and a 1-car garage with direct access into the unit. Upstairs features a newly remodeled unit with laminate flooring throughout, a remodeled kitchen with quartz countertops and has new paint. The building has a gated secured entrance with approximately 1,914 sqft of living space and is situated on a 5,253 sqft lot (total including the community garden), and features a separate laundry room with a new owner coin operated washer and dryer plus large storage room. The lot next door is currently being used as a community garden, but it has its own address of 646 Chestnut and a separate water meter. A historical house was moved from there to Drake Park in the 1980’s. Potential to build an ADU, please check with the City of Long Beach to verify.
Multi-familyProperty Type
1960Year Built
5,253 sq ftLot Size
$503Est. Price/Sq.Ft.
3 car garageParking
Listed by Kym Elder•DRE #01320231• Coldwell Banker Realty
Contact: 562-254-1489
Bought with Kym Elder•DRE #01320231• Coldwell Banker Realty
This is a great rental property with three units all with their own One car plus garage. 3 One bedroom One bath. The ground floor unit has direct access to its' garage and also has own private patio area. Lot next door is also part of the property and is now being used as a garden. All units had long term renters who have taken good care of the units. Separate laundry room with coin operated washer and dryer.
CRMLS #R803153
Sep 23, 2008
Listing Removed
—
Sep 23, 2008
Sold
$200,000
$104/sq ft
Mar 21, 2008
Listed
$350,000
$183/sq ft
Three units 1bed room 1bath 1car garage. Property is currently vacant. Lender has taken back the property and will be ready to receive offers soon. The units are located on the east side of the lot, but the front is being used as a community garden.
Public Records
Feb 1, 2006
Sold
$671,000
$351/sq ft
Public Records
May 27, 2004
Sold
$525,000
$274/sq ft
CRMLS #P363381
Mar 29, 2004
Listing Removed
—
Sep 30, 2003
Listed
$370,000
$193/sq ft
Public Records
Dec 9, 2002
Sold
$220,000
$115/sq ft
Public Records
May 26, 1978
Sold
$85,000
$44/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$13,262 (+4.2%)
$655,452 + $358,938
$1,014,390
2024
$12,730 (+139.3%)
$642,600 + $351,900
$994,500
2023
$5,319 (+6.3%)
$630,000 + $345,000
$975,000
2022
$5,004 (+2.2%)
$259,923 + $117,579
$377,502
2021
$4,894 (+0.3%)
$254,827 + $115,274
$370,101
2020
$4,882 (+1.2%)
$249,831 + $113,014
$362,845
2019
$4,825 (+3.7%)
$247,270 + $111,856
$359,126
2018
$4,653 (+1.1%)
$242,422 + $109,663
$352,085
2017
$4,604 (+7.5%)
$233,009 + $105,405
$338,414
2016
$4,282 (+4.0%)
$233,009 + $105,405
$338,414
2015
$4,116 (+0.4%)
$228,441 + $103,339
$331,780
2014
$4,101 (+1.5%)
$220,603 + $99,794
$320,397
2012
$4,041 (+4.1%)
$219,606 + $99,343
$318,949
2011
$3,881 (+1.1%)
$215,300 + $97,396
$312,696
2010
$3,838 (+0.8%)
$211,079 + $95,487
$306,566
2009
$3,808 (−51.0%)
$209,502 + $94,774
$304,276
2008
$7,773
$210,000 + $95,000
$305,000
Tax history for 348 W 7th St
Year
Property tax
Land + Additions
Assessment*
2025
$13,262 (+4.2%)
$655,452 + $358,938
$1,014,390
2024
$12,730 (+139.3%)
$642,600 + $351,900
$994,500
2023
$5,319 (+6.3%)
$630,000 + $345,000
$975,000
2022
$5,004 (+2.2%)
$259,923 + $117,579
$377,502
2021
$4,894 (+0.3%)
$254,827 + $115,274
$370,101
2020
$4,882 (+1.2%)
$249,831 + $113,014
$362,845
2019
$4,825 (+3.7%)
$247,270 + $111,856
$359,126
2018
$4,653 (+1.1%)
$242,422 + $109,663
$352,085
2017
$4,604 (+7.5%)
$233,009 + $105,405
$338,414
2016
$4,282 (+4.0%)
$233,009 + $105,405
$338,414
2015
$4,116 (+0.4%)
$228,441 + $103,339
$331,780
2014
$4,101 (+1.5%)
$220,603 + $99,794
$320,397
2012
$4,041 (+4.1%)
$219,606 + $99,343
$318,949
2011
$3,881 (+1.1%)
$215,300 + $97,396
$312,696
2010
$3,838 (+0.8%)
$211,079 + $95,487
$306,566
2009
$3,808 (−51.0%)
$209,502 + $94,774
$304,276
2008
$7,773
$210,000 + $95,000
$305,000
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
3
Baths
3
Stories
—
Lot width
—
Lot depth
—
Lot size
5,253 Sq. Ft.
Year renovated
1960
Sq. Ft.
1,914
Year built
1960
Style
Multi-Family (2-4 Unit)
County
Los Angeles County
APN
7272022002
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 6, 2026.
Property details
Parking
Parking / Garage Information
# of Garage Spaces: 3
Garage - Front Entry, Garage - Single Door, Off Street
Has Parking
# of Parking Spaces: 3
Interior
Laundry Information
Has Laundry
Community, Dryer Included, Individual Room, Washer Included
Directions: taking 7th St West, property is on the left hand side on the corner of Chestnut and 7th
Subdivision Name: Downtown (DT)
Zoning: LBPD10
Public facts
Beds: 3
Baths: 3.0
Sq. Ft.: 1,914
Stories: —
Lot Size: 5,253 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1960
Year Renovated: 1960
County: Los Angeles County
APN: 7272022002
Home facts updated by county records on Oct 6, 2026
Other
Listing Information
IDX Contact Info: 562-254-1489
Days Active in MLS: 7
Continuous Days Active in MLS: 7
Listing Agent Information
List Agent First Name: Kym
List Agent Last Name: Elder
Listing Office Information
List Office Name: Coldwell Banker Realty
Selling Agent Information
Buyer Agent First Name: Kym
Buyer Agent Last Name: Elder
Selling Office Information
Buyer Office Name: Coldwell Banker Realty
Around this home
Schools
International Elementary School
Public K-5 • Assigned • 0.3mi
5/10
Washington Middle School
Public 6-8 • Assigned • 1.8mi
4/10
Cabrillo High School
Public 9-12 • Assigned • 1.7mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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