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For sale
  • Listing Provided by: 

    Sophea Pel DRE #01491556 562-489-6670,

    RE/MAX College Park Realty

    Price cut: $240K (5/31)
    $1,750,000

    1224 E 17th St, Long Beach, CA 90813

    11beds
    6baths
    5,016sqft
    : 
    Quadruplex
    Built in 1925
    -- sqft lot
    $-- Zestimate®
    $349/sqft
    $-- HOA

    What's special

    Remodeled unit
    HUGE PRICE REDUCTION! Great opportunity to own a great income producing 5-units investment property in the center of Long Beach, CA! Tax record shows as 4 units but currently has 5 units. This 2 building property sits on a huge 7,790 SF lot and 5,016 SF living area. Property has (4) 2 bedrooms/1baths units and a separate (1) 3 bedroom/2 baths fully remodeled unit in the back above 6 garages. All 6 garages are rented out by tenants. Property is managed by property management company. It has low yearly operating expenses and high net income. Rents are below market with 4 units eligible for rental increase June and September 2025, and another unit in May 2027. Property is located in Central area of Long Beach, close to eateries, markets and schools.
    112 days
    on Zillow
    |
    86
    |
    4
    |

    Zillow last checked: 7 hours ago

    Listing updated: May 31, 2025 at 11:57am

    Listing Provided by:

    Sophea Pel DRE #01491556 562-489-6670,

    RE/MAX College Park Realty

    Source: CRMLS,MLS#: PW25074352MLS LogoOriginating MLS: California Regional MLS
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 1224 E 17th St.

    Next available tour time:Today at 5pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 11
    • Bathrooms: 6
    Appliances
    • Laundry: None
    Features
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total structure area: 5,016
    • Total interior livable area: 5,016 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Garage
    • Garage spaces: 6
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: side gate
    • Pool features: None
    Lot
    • Size: 7,790 Square Feet
    • Features: 0-1 Unit/Acre
    Details
    • Parcel number: 7268031031
    • Lease amount: $0
    • Zoning: LBR2N
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1925

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Street Lights, Sidewalks
    Location
    • Region: Long Beach

    Financial & listing details

    • Price per square foot: $349/sqft
    • Tax assessed value: $895,489
    • Annual tax amount: $12,178
    • Date on market: 4/15/2025
    • Listing terms: Cash,Conventional,Contract,VA Loan
    • Total actual rent: 9565
    • Tenant pays: Electricity, Parking Fee
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