The subject property has a unit mix of (4) 1-bedroom / 1-bathroom units, (2) 2-bedroom / 1-bathroom units and (1) 2-bedroom / 2-bathroom unit. The building was built in 1955 and has 5 single car garages with access from the alley. The building consists of 6,974 rentable square feet and sits on a 7,697 square foot lot. This property has great potential to add value and raise rents. Investors benefit from the high demand for rentals in this coastal city of Southern California. Tenants enjoy living a short distance to local beaches, transportation, California State University of Long Beach, as well as shopping, restaurants and nightlife in Downtown Long Beach and Belmont Shore.
Multi-familyProperty Type
1955Year Built
7,697 sq ftLot Size
$311Price/Sq.Ft.
5 car garageParking
Listed by Kevin King•DRE #01158184• Marcus & Millichap
Bought with General NONMEMBER•DRE #NONMEMBER• CRMLS
The subject property has a unit mix of (4) 1-bedroom / 1-bathroom units, (2) 2-bedroom / 1-bathroom units and (1) 2-bedroom / 2-bathroom unit. The building was built in 1955 and has 5 single car garages with access from the alley. The building consists of 6,974 rentable square feet and sits on a 7,697 square foot lot. This property has great potential to add value and raise rents. Investors benefit from the high demand for rentals in this coastal city of Southern California. Tenants enjoy living a short distance to local beaches, transportation, California State University of Long Beach, as well as shopping, restaurants and nightlife in Downtown Long Beach and Belmont Shore.
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
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Baths
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Stories
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Lot width
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Lot depth
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Lot size
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Year renovated
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Sq. Ft.
—
Year built
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Style
Multi-Family (5+ Unit)
County
Los Angeles County
APN
7240013002
Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on Feb 25, 2026.
R-4-R
HL-25
Moderate-Density Multiple Residential District
The R-4-R district is a moderate density, multifamily residential district with restrictions on building height. It is intended to provide a moderate density use consistent in scale with existing older and lower density developments. The district is designed to encourage full development in established moderate density neighborhoods. This implements land use district No. 3B of the General Plan.
Zone overlays
Permitted uses
Include but are not limited to:
Agriculture
Day care facility
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Other
Park & open space
Property details
Parking
Parking / Garage Information
# of Garage Spaces: 5
# of Parking Spaces: 5
Interior
Laundry Information
Has Laundry
Community
Unit Type 1 Information
Unit Key Numeric: 10523804
Listing Key Numeric: 362686033
Actual Rent: $5,050
Total # of Baths: 1
Total # of Beds: 1
# of Garage Spaces: 4
Furnished: Unfurnished
Total Rent: $5,050
Total # of Units: 4
Unit Type 2 Information
Unit Key Numeric: 10523805
Listing Key Numeric: 362686033
Actual Rent: $3,350
Total # of Baths: 1
Furnished: Unfurnished
Total # of Beds: 2
# of Garage Spaces: 1
Total Rent: $3,350
Total # of Units: 2
Unit Type 3 Information
Listing Key Numeric: 362686033
Unit Key Numeric: 10523806
Actual Rent: $1,800
Total # of Baths: 2
Total # of Beds: 2
Furnished: Unfurnished
Total Rent: $1,800
Total # of Units: 1
Expenses
Fuel Expense: $735
Trash: $735
Total: $50,687
Maintenance: $6,586
Insurance: $3,954
Water Sewer: $735
Electric: $735
New Taxes: $28,800
Gardener: $1,020
Multi-Unit Information
Net Operating Income: $69,085
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: 6,974
Gross Scheduled Income: $122,400
Gross Income: $119,772
Laundry Income: $1,044
# Of Separate Water Meters: 1
# Of Separate Gas Meters: 7
# Of Separate Electric Meters: 7
# Of Buildings: 1
Exterior
Exterior Features
Pool Features: None
Lot Information
Elevation Units: Feet
Lot Size Source: Assessor's Data
Lot Features: 6-10 Units/Acre
Property Information
Total # of Units: 7
Common Walls: 2+ common walls
Parcel Number: 7240013002
Attached Property
Total # of Stories: 2
Year Built Source: Assessor
Financial
Lease / Rental Details
Operating Expense: $50,687
Other Expense: $1,400
Other Expense Description: Misc. Re
Total Actual Rent: $10,200
Utilities
Utilities Information
Sewer: Septic Type Unknown, Sewer or Septic - Unknown
Water Source: District/Public
Location
Neighborhood Information
Community Features: Curbs, Sidewalks
Location Information
Latitude: 33.78344300
Longitude: -118.13037600
Other Subdivision Name: Park Estates (PE)
Directions: Anaheim Road & Las Lomas St
Subdivision Name: Park Estates (PE)
Zoning: LBR4R
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (5+ Unit)
Year Built: —
Year Renovated: —
County: Los Angeles County
APN: 7240013002
Home facts updated by county records on Feb 25, 2026
Other
Listing Information
Days Active in MLS: 42
Continuous Days Active in MLS: 42
Listing Agent Information
List Agent First Name: Kevin
List Agent Last Name: King
Listing Office Information
List Office Name: Marcus & Millichap
Selling Agent Information
Buyer Agent First Name: General
Buyer Agent Last Name: NONMEMBER
Selling Office Information
Buyer Office Name: CRMLS
Around this home
Schools
Gant Elementary School
Public K-5 • Assigned • 0.8mi
9/10
Stanford Middle School
Public 6-8 • Assigned • 1.3mi
7/10
Wilson High School
Public 9-12 • Assigned • 0.7mi
6/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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