$1,990,000

1224 E 17th St Long Beach, CA 90813

$10,000
Closing credit¹
0.2 acres
Multi-Family

Property details

About 1224 E 17th St

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.

Highlights

Home typeQuadruplex
StatusActive
Lot size0.1788 Acres
Year built1925
MLS #PW25074352
Garage6 spaces

Summary

  • Fireplace: None
  • Garage Space: 6 spaces
  • Private Pool: No
  • List Price: $1,990,000
  • Annual Tax Amount: $12,177
  • Tax Year: 2024
  • Directions: Fwy 405S, Exit Orange Ave, go south on Orange, LEFT on 17th Street. Property is on the RIGHT
  • Year Built: 1925
  • Stories: 2
  • Lot Size: 0.1788 Acres
  • MLS Number: PW25074352
  • MLS Name: CRMLS
  • Office Name: RE/MAX College Park Realty
  • Office Phone: (562) 489-6670
  • Listing Agent: Sophea Pel

IDX 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: 5/2/2025, 11:20:53 PM 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

mediterranean / spanish-style home featuring a fenced front yard and stucco siding

$1,990,000

1224 E 17th St

$10,000

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Mar 23, 2015
Home Sold
$760,000
Mar 04, 2014
Home Sold
$50,000
Oct 29, 1998
Home Sold
$330,000
May 28, 1998
Home Sold
$167,000
May 20, 1998
Home Sold
$126,100
May 01, 1997
Home Sold
$136,000
May 01, 1997
Home Sold
$315,000

Tax history

YearAssessmentProperty Tax
2024$895,489$12,177
2023$877,931$11,974
2022$860,717$11,257
2021$843,842$11,014
2020$835,190$10,858
2019$818,815$10,480
2018$802,761$10,371
2017$787,021$10,371

History based on county public records data.

Nearby schools

4

John G. Whittier Elementary School

Public District KG-5

0.2 mi

1761 Walnut Ave

8

Alvarado Elementary School

Public District KG-5

0.4 mi

1400 E 20th St

6

Lincoln Elementary School

Public District KG-5

0.5 mi

1175 E 11th St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $35,161. Most Long Beach, CA residents have annual incomes less than $<35k. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

50%
<35k
37%
35k-100k
11%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Doctorate

What types of families live nearby?

33%
Single, No Kids
22%
Single, with Kids
12%
Married, No Kids
33%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

19%
<11 yrs old
11%
12-17 yrs old
30%
18-34 yrs old
34%
35-64 yrs old
6%
65+ yrs old

What do the neighbors do for fun?

  • Mexican League SoccerMexican League Soccer
  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • Ross Dress For LessRoss Dress For Less
  • Foot LockerFoot Locker
  • H&MH&M

Where do the neighbors go to eat?

  • Jack In The BoxJack In The Box
  • Little CaesarsLittle Caesars
  • Boston MarketBoston Market

What do the neighbors drive?

  • NissanNissan
  • DodgeDodge
  • HondaHonda

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban Adult ContemporaryUrban Adult Contemporary
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 1224 E 17th 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 April 15, 2025 and is currently priced at $1,990,000.

Long Beach, CA housing market in April 2025 saw over 70 listings sold above listed price, more than 38 sold at listed price and over 65 sold below. The inventory of homes for sale in Long Beach, CA between March and April 2025 increased by 7.6%. While the average time on the market in April 2025 was 33 days, the median list price was $839,980.

From Rocket Homes Real Estate and based on county public records data.

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