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For sale
    • Listed by: Villa Real Estate Partners Inc • Nhat Nguyen • Contact: 714-467-8542
    $1,598,000

    486 E Adair St, Long Beach, CA 90805

    24beds
    4baths
    2,800sqft
    : 
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    Triplex
    Built in 1939
    -- sqft lot
    $1,568,500 Zestimate®
    $571/sqft
    $-- HOA

    What's special

    (4) unit multi-family building in Long Beach, CA. The building features unit mix of (1) 3 Bed/1 Bath unit and (3) 1 Bed/1 Bath units stretching across 2,800+/- rentable square feet. This stabilized asset offers tremendous opportunity for 1031 exchange buyers looking to increase their cash flow on Day 1. Further, a substantial portion of Rental Income of rents secured by Section 8 Vouchers by Housing Assistant Long Beach Minimizing risk and providing reliable cash flow, so the uncertainty of future rent moratoriums will significantly reduce the likelihood of lost revenue. The property also includes on site Washer and dryer laundry. The building is in excellent condition, and all (4) units have been extensively remodeled with professional grade finishes. In addition, the gated entry ensures secured access to the property. The property is located within close proximity to many retail, dining, and entertainment options that greatly benefit the tenant mix. This is an investment with strong existing cash flow and minimal maintenance required which is add this solid asset to your rental portfolio. Sellers is Real Estate License in state of California. ALL OFFERS SUBJECT INTERIROR INSPECTION
    71 days
    |
    139
    |
    6
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Nhat Nguyen DRE #02254340 714-467-8542,

    Villa Real Estate Partners Inc

    Source: CRMLS,MLS#: PW26096551MLS LogoOriginating MLS: California Regional MLS

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 24
      • Bathrooms: 4
      Rooms
      • Room types: Kitchen, Living Room
      Heating
      • Electric
      Cooling
      • None
      Appliances
      • Included: Dishwasher, Gas Range
      • Laundry: Common Area
      Features
      • Ceiling Fan(s)
      • Flooring: Laminate
      • Has fireplace: No
      • Fireplace features: None
      • Common walls with other units/homes: 1 Common Wall
      Interior area
      • Total structure area: 2,800
      • Total interior livable area: 2,800 sqft

      Property

      Parking
      • Parking features: None
      Features
      • Levels: One,Multi/Split
      • Stories: 1
      • Entry location: 1
      • Pool features: None
      • Spa features: None
      • Has view: Yes
      • View description: None
      Lot
      • Size: 6,089 Square Feet
      • Features: Corner Lot
      Details
      • Parcel number: 7125015029
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Cottage,Ranch
      • Property subtype: Triplex
      • Attached to another structure: Yes
      Materials
      • Asphalt, Lap Siding
      • Foundation: Concrete Perimeter
      • Roof: Asphalt
      Condition
      • Turnkey
      • New construction: No
      • Year built: 1939

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Available, Natural Gas Available

      Community & HOA

      Community
      • Features: Stable(s), Sidewalks
      • Subdivision: North Long Beach (Nlb)
      Location
      • Region: Long Beach

      Financial & listing details

      • Price per square foot: $571/sqft
      • Tax assessed value: $1,055,035
      • Annual tax amount: $14,263
      • Date on market: 5/4/2026
      • Cumulative days on market: 71 days
      • Listing terms: Cash,Conventional,1031 Exchange,Fannie Mae
      • Total actual rent: 8900
      • Tenant pays: All Utilities, Electricity, Gas

        Estimated market value

        $1,568,500

        $1.49M - $1.65M

        $3,390/mo

        Price history

        DateEventPrice
        5/4/2026Listed for sale$1,598,000$571/sqft
        Source: CRMLS #PW26096551 Report a problem
        5/4/2026Listing removed--
        Source: Owner Report a problem
        4/2/2026Listed for sale$1,598,000+8%$571/sqft
        Source: Owner Report a problem
        3/6/2026Sold$1,480,000+63.6%$529/sqft
        Source: Public Record Report a problem
        9/15/2020Sold$904,500+49.6%$323/sqft
        Source: Public Record Report a problem
        10/13/2019Listing removed$2,000$1/sqft
        Source: Go Section8 Report a problem
        9/13/2019Listed for rent$2,000$1/sqft
        Source: Go Section8 Report a problem
        2/25/2019Sold$604,500-6.1%$216/sqft
        Source: Public Record Report a problem
        10/25/2018Pending sale$644,000$230/sqft
        Source: Power Brokers International #18400716 Report a problem
        10/25/2018Listed for sale$644,000$230/sqft
        Source: Power Brokers International #18400716 Report a problem
        8/21/2018Listing removed$644,000$230/sqft
        Source: Power Brokers International #18355640 Report a problem
        6/16/2018Listed for sale$644,000+3.5%$230/sqft
        Source: Power Brokers International #18355640 Report a problem
        4/14/2017Listing removed$622,000$222/sqft
        Source: Power Brokers International #17-203676 Report a problem
        3/16/2017Listed for sale$622,000+314.7%$222/sqft
        Source: Power Brokers International #17203676 Report a problem
        11/18/1993Sold$150,000$54/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$14,263 +4.4%$1,055,035 +2%
        2024$13,657 +1.7%$1,034,349 +2%
        2023$13,425 +14.5%$1,014,069 +9.9%
        2022$11,723 +2%$922,386 +2%
        2021$11,489 +43.5%$904,300 +46.7%
        2020$8,008 $616,284 +3.9%
        2019$8,008 +6.6%$593,028 +109.1%
        2018$7,510 +91.8%$283,652 +2%
        2017$3,915 +1.1%$278,091 +2%
        2016$3,874 +7.6%$272,639 +1.5%
        2015$3,602 +4.2%$268,545 +2%
        2014$3,457 $263,286 +4.5%
        2011-- $251,921 +0.5%
        2009-- $250,634 +2%
        2008-- $245,721 +4%
        2005-- $236,181 +6%
        2003-- $222,853 +2%
        2002-- $218,484
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: North Long Beach

        Getting around

        74 / 100
        Very Walkable
        42 / 100
        Some Transit
        71 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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