$1,250,000

1921 E Washington St Long Beach, CA 90805

$10,000
Closing credit¹
0.1 acres
Multi-Family

Property details

About 1921 E Washington St

Located on a quiet side street off one of the major thoroughfares in North Long Beach providing a great location and ease of commute for tenants. The property is close to local bus stops, multiple parks, and shopping centers, as well as The Michelle Obama Library. The property sits within 2 miles of both the 91 and 710 freeways. The property is also only a short drive to both downtown Long Beach and the Beach. This fourplex consists of a front building made up of three 1 Bed 1 Bath units each with a garage, and a rear building which is a detached 4 Bed 2 Bath house The rear house sits at ~1728 sqft. While the front building units average ~485 sqft. The tenants pay their own utilities, keeping the utilities low. This building is currently fully occupied and has had less than 3% vacancy over the last 3 years. Two of the units have been partially renovated during the most recent tenant transitions. This property also has storage and laundry room opportunities for potential sellers to build out. Price $1,250,000 Price/Unit $312,500 Price/sqft $408 Current Cap Rate 5.35% Market Cap Rate 6.26% Current GRM 16.62 Market GRM 14.43

Highlights

Home typeQuadruplex
StatusActive
Lot size0.1286 Acres
Year built1949
MLS #PW25003991
Garage3 spaces

Summary

  • MLS Number: PW25003991
  • MLS Name: CRMLS
  • Office Name: Southland Property Group
  • Office Phone: (562) 519-0099
  • Listing Agent: Perry Karn

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: 2/22/2025, 6:20:51 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

view of front of home featuring a garage

$1,250,000

1921 E Washington 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
May 24, 2024
Home Sold
$170,000
Nov 19, 2021
Home Sold
$840,000
May 23, 2003
Home Sold
$1,050,000

Tax history

YearAssessmentProperty Tax
2024$988,660$13,140
2023$969,280$12,918
2022$950,280$12,132
2021$95,577$1,924
2020$94,321$1,898
2019$92,472$1,762
2018$90,659$1,743
2017$88,882$1,743

History based on county public records data.

Nearby schools

4

Bret Harte Elementary School

Public District KG-5

0.3 mi

1671 E Phillips St

3

Barton Elementary School

Public District KG-5

0.8 mi

1100 E Del Amo Blvd

6

Riley Elementary School

Public District KG-5

1.2 mi

3319 Sandwood 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 $36,875. Most Long Beach, CA residents have annual incomes less than $<35k. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

49%
<35k
32%
35k-100k
18%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

30%
Single, No Kids
23%
Single, with Kids
20%
Married, No Kids
27%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

17%
<11 yrs old
11%
12-17 yrs old
26%
18-34 yrs old
37%
35-64 yrs old
9%
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?

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

Where do the neighbors go to eat?

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

What do the neighbors drive?

  • DodgeDodge
  • NissanNissan
  • HondaHonda

What do the neighbors listen to?

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

Similar homes for sale

This home is located at 1921 E Washington St in Long Beach, CA and zip code 90805 in the The Harbor neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since January 12, 2025 and is currently priced at $1,250,000.

Long Beach, CA housing market in January 2025 saw over 63 listings sold above listed price, more than 35 sold at listed price and over 53 sold below. The number of listings 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.

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

More resources