1224 E 17th Street
Long Beach, CA 90813
- – beds
- – baths
- – sqft
- 7,790 sqft lot
- 1925 build
- – on site
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.
Last checked:
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Last updated Apr 15, 2025
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MLS# PW25074352 —
The Building
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Year Built:1925
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Year Built Source:Assessor
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New Construction:No
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Building Area Total:5016.00
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Building Area Units:Square Feet
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Total Number Of Units:5
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# of Buildings:2
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Stories Total:2
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Entry Level:2
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Common Walls:1 Common Wall
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# of Separate Gas Meters:5
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# of Separate Water Meters:1
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# of Separate Electric Meters:5
Interior
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Levels:Two
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Entry Location:side gate
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Fireplace:No
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Fireplace:None
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Laundry:None
Location
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Directions:Fwy 405S, Exit Orange Ave, go south on Orange, LEFT on 17th Street. Property is on the RIGHT
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Latitude:33.78777600
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Longitude:-118.17567400
The Property
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Property Type:Residential Income
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Subtype:Quadruplex
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Zoning:LBR2N
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Lot Features:0-1 Unit/Acre
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Lot Size Area:7790.0000
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Lot Size Acres:0.1788
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Lot Size SqFt:7790.00
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Lot Size Source:Assessor
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Property Attached:1
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Census Tract:5752.01
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Tax Tract:5752.0
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Tax Lot:48
The Listing
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Special Listing Conditions:Standard
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Parcel Number:7268031031
Utilities
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Sewer:Public Sewer
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Water Source:Public
The Community
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Features:Sidewalks, Street Lights
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Association:No
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Pool:None
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Senior Community:No
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Private Pool:No
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Assessments:Yes
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Assessments:Unknown
Parking
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Parking Spaces:6.00
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Garage Spaces:6.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
4/15/25
Apr 15, 2025
|
Listed / Active | CRMLS_CA | $1,990,000 | 158.4% (15.8% / YR) |
4/6/15
Apr 6, 2015
|
CRMLS_CA | $770,000 | 54.0% (49.4% / YR) | |
3/3/14
Mar 3, 2014
|
CRMLS_CA | $500,000 |