2408 E. 17th Street presents an exceptional four-unit multifamily investment opportunity. Four spacious townhome-style units, each offering 3 bedrooms and 1.5 bathrooms. The consistent unit mix supports strong long-term rental demand and operational simplicity.
Offered below replacement cost, this is an opportunity to acquire a well-configured property in a supply-constrained market.
Situated on a 6,401 SF lot, this asset offers approximately 5,022 SF of rentable space and includes 8 uncovered parking spaces, providing two dedicated spaces per unit—a rare amenity. The oversized parking area offers additional upside, with potential to add up to four (4) detached ADUs (buyer to verify).
All units are separately metered for gas and electricity, and the layout is well suited for implementing utility bill-backs or RUBS, offering an opportunity to further reduce landlord expenses and enhance NOI.
Sold for $1,470,000
Listed by: Coldwell Banker Realty • Luen Song • Contact: 562-494-4600
Bought with: GML Homes, Inc.
$1,470,000
2408 E 17th St, Long Beach, CA 90804
12beds
8baths
5,022sqft
Mixed Use
Built in 1972
-- sqft lot
$1,476,600 Zestimate®
$293/sqft
$2,684 Estimated rent
Home value
$1,476,600
$1.34M - $1.62M
$2,684/mo
Zestimate® history
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Oversized parking area
Zillow last checked:
Listing updated:
Listed by:
Luen Song DRE #01733206 write.luen@gmail.com,
Coldwell Banker Realty
Bought with:
Rady Math, DRE #02088080
GML Homes, Inc.
Source: CRMLS,MLS#: PW26016842
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 8
Rooms
- Room types: Bedroom
Bedroom
- Features: All Bedrooms Up
Heating
- Wall Furnace
Cooling
- None
Appliances
- Laundry: Washer Hookup
Features
- All Bedrooms Up
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 2+ Common Walls,No One Above,No One Below
Interior area
- Total structure area: 5,022
- Total interior livable area: 5,022 sqft
Property
Features
- Entry location: front door
- Pool features: None
- Spa features: None
Lot
- Size: 6,401 Square Feet
- Features: Rectangular Lot, Street Level
Details
- Parcel number: 7260012001
- Zoning: LBR2N
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Mixed Use
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1972
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Curbs, Street Lights, Sidewalks, Urban
- Subdivision: Eastside (Es)
Location
- Region: Long Beach
Financial & listing details
- Price per square foot: $293/sqft
- Tax assessed value: $497,639
- Annual tax amount: $7,443
- Date on market: 1/23/2026
- Cumulative days on market: 7 days
- Listing terms: Cash to New Loan
- Total actual rent: 6050
- Tenant pays: Electricity, Gas
Price history
| Date | Event | Price |
|---|---|---|
| 3/27/2026 | Sold | $1,470,000-4.5%$293/sqft |
Source:  CRMLS #PW26016842 Report a problem | ||
| 3/17/2026 | Pending sale | $1,540,000$307/sqft |
Source: CRMLS #PW26016842 Report a problem | ||
| 3/12/2026 | Contingent | $1,540,000$307/sqft |
Source: CRMLS #PW26016842 Report a problem | ||
| 3/12/2026 | Pending sale | $1,540,000$307/sqft |
Source: CRMLS #PW26016842 Report a problem | ||
| 2/13/2026 | Contingent | $1,540,000$307/sqft |
Source: CRMLS #PW26016842 Report a problem | ||
| 1/23/2026 | Listed for sale | $1,540,000+238.5%$307/sqft |
Source: CRMLS #PW26016842 Report a problem | ||
| 8/31/2005 | Sold | $455,000+37.9%$91/sqft |
Source: Public Record Report a problem | ||
| 6/28/2001 | Sold | $330,000$66/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,443 +5.3% | $497,639 +2% |
| 2024 | $7,070 +1.7% | $487,890 +2% |
| 2023 | $6,949 +6.1% | $478,332 +2% |
| 2022 | $6,546 +2.5% | $468,962 +2% |
| 2021 | $6,387 +0.3% | $459,776 +1% |
| 2020 | $6,368 | $455,066 +2% |
| 2019 | $6,368 +5.1% | $446,152 +2% |
| 2018 | $6,058 | $437,413 +2.1% |
| 2017 | $6,058 +1% | $428,445 +2% |
| 2016 | $5,995 +8% | $420,045 +1.5% |
| 2015 | $5,549 +4.3% | $413,737 +2% |
| 2014 | $5,322 | $405,633 +2.5% |
| 2012 | -- | $395,884 +2% |
| 2011 | -- | $388,122 +0.8% |
| 2010 | -- | $385,222 -0.2% |
| 2009 | -- | $386,138 +2% |
| 2008 | -- | $378,567 +2% |
| 2007 | -- | $371,145 +2% |
| 2006 | -- | $363,868 |
| 2005 | -- | $363,868 +4% |
| 2004 | -- | $349,741 +1.9% |
| 2003 | -- | $343,332 +2% |
| 2002 | -- | $336,600 +0.5% |
| 2000 | -- | $335,000 |
Find assessor info on the county website
Neighborhood: Zaferia
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Nearby schools
GreatSchools rating
- 6/10Lee Elementary SchoolGrades: K-5Distance: 0.3 mi
- 7/10Jefferson Leadership Academies SchoolGrades: 6-8Distance: 1.2 mi
- 6/10Wilson High SchoolGrades: 9-12Distance: 1.5 mi
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Estimated market value
$1,476,600
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Estimated market value
$1,476,600
- California
- Los Angeles County
- Long Beach
- 90804
- Zaferia
- 2408 E 17th St
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