$10,000 Closing Credit¹
#PW25032669, Juan Huizar, Listing Office: Sage Real Estate Group, Inc.
#SB25042498·
Listing Office: Buckingham Investments, Inc·
Listing Agent: Anthony Walker·
Listing Office Phone: 310-561-4776
$1,550,000 List price
1030 Myrtle Ave Long Beach, CA 90813
$10,000
Closing credit¹
0.1 acres
Multi-Family
Property details
About 1030 Myrtle Ave
2005 construction and just outside of downtown Long Beach, this quadruplex has three large 3 bedroom 1 bathroom apartments, and one 1 bedroom 1 bathroom apartment. The strong income in place has this building at a GRM of 13.3X and a cap rate of 4.2%, and there is approximately 15% upside in the rents. The building features onsite laundry in select units, a large 2 car garage for each unit with extra parking on the driveway, and is separately metered for gas and electricity. There is a path to substantial upside via the conversion of some of the 8 garage spots to ADUs, as well as offsetting some of the expenses through the use of RUBS. The building is just 3 blocks North of Downtown Long Beach, with ongoing new developments of over $8 Billion. It offers excellent transit access only a few blocks to the metro blue line rail station, PCH, and the 710 freeway. Over 60% of households within 5 miles are renters with an average household income of over $94,000. (Per Costar)
Highlights
Home typeQuadruplex
HeatingWall Furnace
StatusActive
Lot size0.15 Acres
Year built2005
ParkingGarage
MLS #SB25042498
Garage8 spaces
Summary
- MLS Number: SB25042498
- MLS Name: CRMLS
- Office Name: Buckingham Investments, Inc
- Office Phone: (310) 561-4776
- Listing Agent: Anthony Walker
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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 7:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$1,550,000
1030 Myrtle Ave
$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 |
|---|---|---|
| Oct 04, 2021 | Home Sold | $1,350,000 |
| Aug 31, 2005 | Home Sold | $890,000 |
| Sep 18, 2002 | Home Sold | $99,000 |
| Jul 15, 2002 | Home Sold | $42,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $1,404,540 | $18,325 |
| 2023 | $1,377,000 | $18,018 |
| 2022 | $1,350,000 | $16,912 |
| 2021 | $1,123,627 | $14,198 |
| 2020 | $1,112,106 | $13,206 |
| 2019 | $1,025,000 | $11,529 |
| 2018 | $900,000 | $10,648 |
| 2017 | $820,000 | $10,648 |
History based on county public records data.
Nearby schools
6
Lincoln Elementary School
Public District KG-5
0.3 mi
•1175 E 11th St
5
Robert Louis Stevenson Elementary School
Public District KG-5
0.5 mi
•515 Lime Ave
6
Roosevelt Elementary School
Public District KG-5
0.6 mi
•1574 Linden 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 $16,786. Residents of Long Beach, CA typically earn less than $<35k each year. The most common type of family is single, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
79%
<35k
19%
35k-100k
2%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
36%
Single, No Kids
30%
Single, with Kids
9%
Married, No Kids
25%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
20%
<11 yrs old
12%
12-17 yrs old
32%
18-34 yrs old
32%
35-64 yrs old
4%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Pro Boxing
Major League Soccer (MLS)
Where do the neighbors shop?
Ross Dress For Less
H&M
Foot Locker
Where do the neighbors go to eat?
Jack In The Box
Boston Market
Little Caesars
What do the neighbors drive?
Nissan
Honda
Dodge
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
Similar homes for sale
$10,000 Closing Credit¹
#PW24253906, Jason Filler, Listing Office: Seven Gables Real Estate
$10,000 Closing Credit¹
#SB24159267, Christopher Crosby, Listing Office: Buckingham Investments, Inc
3 days on Rocket
$10,000 Closing Credit¹
#PW25049045, Charles Chang, Listing Office: CMC Realty & Lending
Backup offers
$10,000 Closing Credit¹
#PW25044279, Jeff Warren, Listing Office: Compass
$10,000 Closing Credit¹
#SB25011794, Christian Milner, Listing Office: Christian Milner Realty Group
$10,000 Closing Credit¹
#PW24248729, Augustin Joo, Listing Office: California Bridge Realty
$10,000 Closing Credit¹
#PW24246703, Augustin Joo, Listing Office: California Bridge Realty
$10,000 Closing Credit¹
#OC24253604, Sam Kilic, Listing Office: Mulberry Real Estate Inc
$10,000 Closing Credit¹
#PW24232551, Vittorio Phung, Listing Office: Triumph Real Estate Solutions
This home is located at 1030 Myrtle Ave in Long Beach, CA and zip code 90813 in the The Harbor neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since March 3, 2025 and is currently priced at $1,550,000.
In February 2025, from all listings sold in Long Beach, CA there were more than 54 sold above asking price, over 62 sold below and more than 22 were sold right at the asked price. In February 2025 in Long Beach, CA there were 2.2% more homes for sale than in January. The median list price of listings available in February 2025 was $823,240, while the average time on the real estate market was 42 days.
From Rocket Homes Real Estate and based on county public records data.