Great Investment Opportunity! Statewide Fourplex in great Alamitos Beach Neighborhood, just a block from 4th Street Retro Row, and walking distance to the Beach. The subject property consists of a 4 unit apartment building, approx. 4,317 square feet, comprised of (1) 3bd/2bth unit, and (3) 2bd/1bth units, and 4 single car garages. Built in 1968, this all electric building is separately metered, and offers investors substantial upside in the rental income, and opportunity to convert the garages to an ADU. Don't miss this great investment property!
Sold for $1,490,000
Listing Provided by: Pabst, Kinney & Associates
Bought with: John Bunnett, Broker
Tax assessed value
$1,490,000
2024 E Florida St, Long Beach, CA 90814
9beds
5baths
4,317sqft
Quadruplex
Built in 1968
-- sqft lot
$1,621,500 Zestimate®
$345/sqft
$2,790 Estimated rent
Home value
$1,621,500
$1.46M - $1.82M
$2,790/mo
Zestimate® history
Owner options
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$2,790/mo
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$2,790/mo
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$9,431/mo
Est. payment
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$9,431/mo
Est. payment
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Zillow last checked:
Listing updated:
Listing Provided by:
Spencer Pabst DRE #01849377 562-884-6875,
Pabst, Kinney & Associates
Bought with:
John Bunnett, DRE #01855707
John Bunnett, Broker
Source: CRMLS,MLS#: PW24221221
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 5
Appliances
- Laundry: None
Features
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 4,317
- Total interior livable area: 4,317 sqft
Property
Parking
- Total spaces: 6
- Parking features: Garage
- Garage spaces: 4
- Uncovered spaces: 2
Features
- Entry location: 1
- Pool features: None
Lot
- Size: 6,502 sqft
- Features: Rectangular Lot
Details
- Parcel number: 7263005006
- Zoning: LBR1N
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1968
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Sidewalks
Location
- Region: Long Beach
- Subdivision: Alamitos Beach
HOA & financial
Other financial information
- Total actual rent: 7955
Other
Other facts
- Listing terms: Cash,Cash to Existing Loan,Cash to New Loan,1031 Exchange
Price history
| Date | Event | Price |
|---|---|---|
| 12/13/2024 | Sold | $1,490,000-3.8%$345/sqft |
Source:  CRMLS #PW24221221 Report a problem | ||
| 11/6/2024 | Contingent | $1,549,000$359/sqft |
Source: CRMLS #PW24221221 Report a problem | ||
| 10/25/2024 | Listed for sale | $1,549,000+299.7%$359/sqft |
Source: CRMLS #PW24221221 Report a problem | ||
| 4/6/2001 | Sold | $387,500$90/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $19,991 +146.8% | $1,490,000 +160.3% |
| 2024 | $8,100 +1.7% | $572,435 +2% |
| 2023 | $7,962 +6.2% | $561,211 +2% |
| 2022 | $7,495 +2.3% | $550,208 +2% |
| 2021 | $7,323 +0.3% | $539,420 +1% |
| 2020 | $7,302 | $533,890 +2% |
| 2019 | $7,302 +5.3% | $523,422 +2% |
| 2018 | $6,933 | $513,159 +2% |
| 2017 | $6,933 +1.1% | $503,098 +2% |
| 2016 | $6,861 +7.8% | $493,234 +1.5% |
| 2015 | $6,362 +4.4% | $485,827 +2% |
| 2014 | $6,092 | $476,312 +2.5% |
| 2012 | -- | $464,864 +2% |
| 2011 | -- | $455,750 +0.8% |
| 2010 | -- | $452,344 -0.2% |
| 2009 | -- | $453,419 +2% |
| 2008 | -- | $444,530 +2% |
| 2007 | -- | $435,815 +2% |
| 2006 | -- | $427,271 |
| 2005 | -- | $427,271 +4% |
| 2004 | -- | $410,681 +1.9% |
| 2003 | -- | $403,155 +2% |
| 2002 | -- | $395,250 +71.2% |
| 2000 | -- | $230,815 |
Find assessor info on the county website
Neighborhood: Alamitos Beach
Nearby schools
GreatSchools rating
- 7/10Burbank Elementary SchoolGrades: K-5Distance: 0.2 mi
- 7/10Jefferson Leadership Academies SchoolGrades: 6-8Distance: 1.1 mi
- 6/10Wilson High SchoolGrades: 9-12Distance: 1.6 mi
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Estimated market value
$1,621,500
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
$1,621,500
- California
- Los Angeles County
- Long Beach
- 90814
- Alamitos Beach
- 2024 E Florida St
Nearby cities
Nearby neighborhoods
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