Explore the potential of this 4 unit apartment building is tucked in North Long Beach with promising upside opportunity. All units appear to be identical each with 2 bedroom, 1 bath with a spacious kitchen & living room. Each unit has 1 dedicated parking space and offer plenty of street parking. With some upgrades, this property offers fantastic upside investment opportunity that can elevate future rental income. The property is centrally located and with easy access to the 91, 710, 110, 105, 605 Freeways, Long Beach Airport and more making it a great choice for tenants and a strategic investment for growth. Whether this is your first multi-unit or an addition to your real estate portfolio, don't miss out on this promising opportunity.
Sold for $1,150,000
Listed by: Keller Williams Realty • Christine Almarines • Contact: 714-584-2700
Bought with: C-21 Classic Estates
$1,150,000
6755 Obispo Ave, Long Beach, CA 90805
8beds
4baths
3,300sqft
Multi Family
Built in 1963
-- sqft lot
$1,257,500 Zestimate®
$348/sqft
$2,400 Estimated rent
Home value
$1,257,500
$1.17M - $1.36M
$2,400/mo
Zestimate® history
Owner options
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$2,400/mo
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$7,460/mo
Est. payment
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$7,460/mo
Est. payment
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Spacious kitchen
Zillow last checked:
Listing updated:
Listed by:
Christine Almarines DRE #01412944 714-584-2700,
Keller Williams Realty
Bought with:
Meiling Ma, DRE #01801698
C-21 Classic Estates
Source: CRMLS,MLS#: RS24000197
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Wall Furnace
Cooling
- None
Appliances
- Laundry: Common Area, Laundry Room
Features
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 3,300
- Total interior livable area: 3,300 sqft
Property
Parking
- Total spaces: 4
- Parking features: Assigned
- Uncovered spaces: 4
Features
- Levels: Two
- Stories: 2
- Entry location: at each unit, 1st & 2nd Story
- Pool features: None
- Spa features: None
- Fencing: Wrought Iron
- Has view: Yes
- View description: None
Lot
- Size: 6,652 Square Feet
- Features: Corner Lot
Details
- Parcel number: 7113004040
- Zoning: LBR1N
- Special conditions: Trust
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Repairs Cosmetic
- New construction: No
- Year built: 1963
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Sidewalks
- Subdivision: North Long Beach (Nlb)
Location
- Region: Long Beach
Financial & listing details
- Price per square foot: $348/sqft
- Tax assessed value: $1,173,000
- Annual tax amount: $15,864
- Date on market: 1/2/2024
- Cumulative days on market: 19 days
- Listing terms: Cash to New Loan
- Total actual rent: 4795
- Tenant pays: Other
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 2/21/2024 | Sold | $1,150,000-4.1%$348/sqft |
Source:  CRMLS #RS24000197 Report a problem | ||
| 1/23/2024 | Pending sale | $1,199,000$363/sqft |
Source: CRMLS #RS24000197 Report a problem | ||
| 1/2/2024 | Listed for sale | $1,199,000$363/sqft |
Source: CRMLS #RS24000197 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $15,864 +223.6% | $1,173,000 +265.4% |
| 2024 | $4,903 +1.8% | $321,052 +2% |
| 2023 | $4,816 +6% | $314,757 +2% |
| 2022 | $4,544 +2.5% | $308,586 +2% |
| 2021 | $4,431 +0.3% | $302,536 +1% |
| 2020 | $4,419 | $299,435 +2% |
| 2019 | $4,419 +6.3% | $293,564 +2% |
| 2018 | $4,159 | $287,809 +2% |
| 2017 | $4,159 +1.1% | $282,167 +2% |
| 2016 | $4,115 +7.8% | $276,635 +1.5% |
| 2015 | $3,819 +3.9% | $272,481 +2% |
| 2014 | $3,675 | $267,144 +2.5% |
| 2012 | -- | $260,725 +2% |
| 2011 | -- | $255,614 +0.8% |
| 2010 | -- | $253,705 -0.2% |
| 2009 | -- | $254,309 +2% |
| 2008 | -- | $249,324 +2% |
| 2007 | -- | $244,436 +2% |
| 2006 | -- | $239,644 |
| 2005 | -- | $239,644 +4% |
| 2004 | -- | $230,340 +1.9% |
| 2003 | -- | $226,119 +2% |
| 2002 | -- | $221,687 +4% |
| 2000 | -- | $213,080 |
Find assessor info on the county website
Neighborhood: North Long Beach
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Nearby schools
GreatSchools rating
- 6/10McKinley Elementary SchoolGrades: K-5Distance: 0.2 mi
- 4/10Hamilton Middle SchoolGrades: 6-8Distance: 1.4 mi
- 3/10Jordan High SchoolGrades: 9-12Distance: 1.6 mi
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Estimated market value
$1,257,500
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
$1,257,500
- California
- Los Angeles County
- Long Beach
- 90805
- North Long Beach
- 6755 Obispo Ave
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