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Sold for $1,650,000
  • Listed by: Buckingham Investments, Inc • Matthew Mahowald • Contact: 310-982-7055
    Bought with: Buckingham Investments, Inc
    Tax assessed value
    $1,650,000

    1216 E Florida St, Long Beach, CA 90802

    14beds
    8baths
    3,984sqft
    Quadruplex
    Built in 1904
    -- sqft lot
    $1,835,900 Zestimate®
    $414/sqft
    $3,695 Estimated rent

    Home value

    $1,835,900

    $1.60M - $2.13M

    $3,695/mo

    Zestimate® history
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    What's special

    Huge Residential Compound located within the highly sought after neighborhood of Alamitos Beach! Here is your chance to own three freestanding buildings on a massive lot of almost 10,000 sqft, blocks away from the sandy beach! This large 4-unit asset consists of two single family homes (each with their own garages and private yard space) and a duplex, totaling almost 4,000 sqft of rentable space with plenty of parking. Live in one and rent the others, add more units by converting the garages into ADUs, short-term rentals blocks away from the ocean – the opportunities are endless!

    Zillow last checked:

    Listing updated:

    Listed by:

    Matthew Mahowald DRE #02001732 310756-5511,

    Buckingham Investments, Inc

    Bought with:

    Kris Thuvamontolrat, DRE #02009069

    Buckingham Investments, Inc

    Source: CRMLS,MLS#: SB24072977MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 14
    • Bathrooms: 8
    Rooms
    • Room types: Bonus Room, Family Room, Kitchen, Laundry, Living Room, Office
    Heating
    • Wall Furnace
    Cooling
    • None
    Appliances
    • Included: Water Heater
    • Laundry: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Inside, Laundry Room
    Features
    • Built-in Features, Balcony, Ceiling Fan(s), Open Floorplan
    • Flooring: Laminate, Vinyl, Wood
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total structure area: 3,984
    • Total interior livable area: 3,984 sqft

    Property

    Parking
    • Total spaces: 14
    • Parking features: Assigned, Concrete, Driveway Level, Door-Single, Driveway, Garage, On Site, Off Street, Oversized, Private, One Space
    • Garage spaces: 4
    • Carport spaces: 2
    • Covered spaces: 6
    • Uncovered spaces: 8
    Accessibility
    • Accessibility features: Parking
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: Multiple
    • Pool features: None
    • Spa features: None
    • Fencing: Average Condition
    • Has view: Yes
    • View description: None
    • Waterfront features: Ocean Side Of Freeway, Ocean Side Of Highway
    Lot
    • Size: 9,929 Square Feet
    • Features: Back Yard
    Details
    • Additional structures: Second Garage, Storage
    • Parcel number: 7275009001
    • Zoning: LBR1N
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    • Attached to another structure: Yes
    Materials
    • Roof: Composition,Shingle
    Condition
    • Turnkey
    • New construction: No
    • Year built: 1904

    Utilities & green energy

    • Electric: Standard
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Features: Curbs, Dog Park, Park, Street Lights, Urban
    • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
    • Subdivision: Alamitos Beach (Ab)
    Location
    • Region: Long Beach

    Financial & listing details

    • Price per square foot: $414/sqft
    • Tax assessed value: $1,650,000
    • Annual tax amount: $22,336
    • Date on market: 4/16/2024
    • Cumulative days on market: 125 days
    • Listing terms: Cash,Cash to New Loan,1031 Exchange
    • Total actual rent: 12490
    • Tenant pays: Electricity, Gas
    • Road surface type: Paved

    Price history

    DateEventPrice
    5/14/2026Listing removed$5,150$1/sqft
    Source: Zillow Rentals Report a problem
    4/30/2026Listed for rent$5,150-14.2%$1/sqft
    Source: Zillow Rentals Report a problem
    2/5/2026Listing removed$6,000$2/sqft
    Source: Zillow Rentals Report a problem
    2/3/2026Listed for rent$6,000+7.1%$2/sqft
    Source: Zillow Rentals Report a problem
    3/17/2025Listing removed$5,600$1/sqft
    Source: Zillow Rentals Report a problem
    3/3/2025Price change$5,600+2.8%$1/sqft
    Source: Zillow Rentals Report a problem
    3/2/2025Price change$5,450-2.7%$1/sqft
    Source: Zillow Rentals Report a problem
    2/24/2025Listed for rent$5,600$1/sqft
    Source: Zillow Rentals Report a problem
    9/27/2024Sold$1,650,000-8.3%$414/sqft
    Source: CRMLS #SB24072977 Report a problem
    8/20/2024Pending sale$1,800,000$452/sqft
    Source: CRMLS #SB24072977 Report a problem
    6/27/2024Price change$1,800,000-2.7%$452/sqft
    Source: CRMLS #SB24072977 Report a problem
    6/5/2024Listed for sale$1,850,000$464/sqft
    Source: CRMLS #SB24072977 Report a problem
    5/10/2024Contingent$1,850,000$464/sqft
    Source: CRMLS #SB24072977 Report a problem
    4/16/2024Listed for sale$1,850,000+19.4%$464/sqft
    Source: CRMLS #SB24072977 Report a problem
    12/28/2022Sold$1,550,000+106.7%$389/sqft
    Source: Public Record Report a problem
    4/22/2004Sold$750,000+183%$188/sqft
    Source: Public Record Report a problem
    7/24/1997Sold$265,000+11.3%$67/sqft
    Source: Public Record Report a problem
    7/21/1994Sold$238,000$60/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$22,336 +7.9%$1,650,000 +4.4%
    2024$20,694 +1.7%$1,581,000 +2%
    2023$20,351 +56.7%$1,550,000 +54.3%
    2022$12,987 +2.1%$1,004,830 +2%
    2021$12,720 +0.3%$985,128 +1%
    2020$12,687 $975,027 +2%
    2019$12,687 +5.2%$955,910 +2%
    2018$12,063 $937,168 +2%
    2017$12,063 +1.1%$918,793 +2%
    2016$11,936 +7.6%$900,778 +1.5%
    2015$11,090 +16%$887,248 +13.7%
    2014$9,563 $780,000 +37.3%
    2011-- $568,000
    2010-- $568,000 -31.4%
    2009-- $828,060 +4%
    2007-- $795,906 +2%
    2006-- $780,300
    2005-- $780,300 +162.2%
    2004-- $297,609 +1.9%
    2003-- $292,156 +2%
    2002-- $286,428 +4%
    2000-- $275,307
    Find assessor info on the county website

    Neighborhood: Alamitos Beach

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,835,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,835,900