#PW24219674, Spencer Pabst, Listing Office: Pabst, Kinney & Associates
![The Moore Group MLS Logo](https://rocket.com/homes/mls-logos/IDX_580.png)
$10,000
closing credit¹
1021 E 12th St Long Beach, CA 90813
Property details
About 1021 E 12th St
5 Unit apartment building on a large 6,800 SF lot in Long Beach! This property has 2 buildings, a front house consisting of a 4 Bedroom / 2 Bath ~1,398 SF and a separate back building ~ 2,100 SF consisting of 4 ALL 1-Bedroom/1-Bath units! This property has on ONSITE laundry room that brings in additional income! Parking for about 7 cars onsite! This property currently brings in $8,629/month in gross rental income. Currently operating at a CAP rate of 5.1 CAP and 12.6 X GROSS! This is great investment opportunity with upside potential through renovations/rent increases. Located close to downtown Long Beach, shopping and restaurants and offering easy access to Alamitos Beach, 4th Street!
Highlights
Summary
- MLS Number: PW24250938
- MLS Name: CRMLS
- Office Name: The Moore Group
- Office Phone: (714) 809-7608
- Listing Agent: Kristina Moore
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
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Last updated on: 2/8/2025, 6:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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![caption unavailable](/homes/listing-images/50428124_S0405/S0405/S0405-R0100/1100458201/2003711903706.jpg?version=1734570727&width=640)
$1,325,000
1021 E 12th St
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Sep 10, 1993 | Home Sold | $150,000 |
Apr 23, 1990 | Home Sold | $235,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $339,961 | $5,290 |
2023 | $333,296 | $5,193 |
2022 | $326,762 | $4,901 |
2021 | $320,356 | $4,778 |
2020 | $317,073 | $4,711 |
2019 | $310,857 | $4,479 |
2018 | $304,762 | $4,432 |
2017 | $298,787 | $4,432 |
History based on county public records data.
Nearby schools
6
Lincoln Elementary School
Public District KG-5
0.2 mi
•1175 E 11th St
6
Roosevelt Elementary School
Public District KG-5
0.5 mi
•1574 Linden Ave
5
Robert Louis Stevenson Elementary School
Public District KG-5
0.6 mi
•515 Lime Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $30,112. The majority of Long Beach, CA residents have income less than $<35k annually. Typical family type is married, with kids. The majority of residents in this area have high school diploma education.
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Frequently asked questions
About 1021 E 12th St
This home is located at 1021 E 12th St in Long Beach, CA and zip code 90813 in the The Harbor neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since December 19, 2024 and is currently priced at $1,325,000.
In January 2025 more than 63 listings in Long Beach, CA were sold above the asking price. During the same period more than 35 listings were sold at asking price, while more than 53 were sold below. The number of homes for sale in Long Beach, CA increased by 5.6% between December and January 2025. The median list price of listings available in January 2025 was $825,147, while the average time on the real estate market was 42 days.