#PW24253906, Jason Filler, Listing office: Seven Gables Real Estate
#SB25066385·
Listing office: Buckingham Investments, Inc·
Listing agent: Anthony Walker·
Listing office phone: 310-561-4776
$1,425,000 List price
816 Alamitos Ave Long Beach, CA 90813
0.1 acres
Multi-Family
Property details
About 816 Alamitos Ave
Rare opportunity to own a cash-flowing 4-plex in the heart of Alamitos Beach, Long Beach! This well-maintained property features 4 spacious, oversized units with exceptional tenant retention—only one turnover in 5 years—ensuring high occupancy and stable income. Three units have been extensively renovated with modern finishes, including stainless steel appliances, quartz countertops, updated bathrooms, and energy-efficient systems, while the fourth offers value-add potential for increased rents. The property consists of one 5 bed/1 bath house, one 4 bed/2 bath house, and two 3 bed/1 bath apartments on a 6483 square foot lot. This is the lowest GRM and best income 4 unit for sale in the whole city of Long Beach at 11.5X GRM on actuals and 11.2X GRM on market rents, and is only 8 blocks to the beach and Pacific Ocean. Expenses are low being separately metered for gas and electric. Located in an opportunity zone blocks from Alamitos Beach, Retro Row, and downtown, tenants enjoy walkability and easy access to the 710/405 freeways and Metro A Line. Long Beach’s $10 billion transformation, including downtown revitalization, $3.2 billion in Port of Long Beach upgrades, and $12.5 million in 2025 infrastructure improvements, drives demand and appreciation potential. As a 2028 Olympics host city, Long Beach is poised for global attention, with event venues just 2 miles away, perfect for premium short-term rentals. Per Costar, 61% of households within a 5 mile radius are renters with an average household income of over $98,000. Don’t miss this high-yield asset in a high-growth market! Contact for financials and schedule a viewing today.
Highlights
Home typeQuadruplex
HeatingWall Furnace
StatusActive
Lot size0.1488 Acres
Year built1922
MLS #SB25066385
Summary
- Appliances: Gas Oven, Gas Range
- Flooring Type: Laminate, Tile
- Fireplace: None
- Private Pool: No
- Parking: None
- Heating: Wall Furnace
- Cooling: None
- List Price: $1,425,000
- Annual Tax Amount: $17,720
- Tax Year: 2024
- Lot: Rectangular Lot
- Directions: East side of Alamitos, between 7th and 10th.
- Year Built: 1922
- Stories: 2
- Lot Size: 0.1488 Acres
- MLS Number: SB25066385
- 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: 7/10/2025, 12:55:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jun 03, 2021 | Home Sold | $1,275,000 |
| Oct 12, 2017 | Home Sold | $1,100,000 |
| Nov 19, 2013 | Home Sold | $685,000 |
| Sep 24, 2008 | Home Sold | $740,000 |
| Jul 12, 2004 | Home Sold | $740,000 |
| Jan 04, 2002 | Home Sold | $300,000 |
| Aug 28, 1997 | Home Sold | $235,000 |
| Aug 15, 1996 | Home Sold | $17,000 |
| Sep 22, 1995 | Home Sold | $90,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $1,353,919 | $17,720 |
| 2023 | $1,327,390 | $17,424 |
| 2022 | $1,301,380 | $16,357 |
| 2021 | $1,157,175 | $14,616 |
| 2020 | $1,144,440 | $14,409 |
| 2019 | $1,122,000 | $13,982 |
| 2018 | $1,100,000 | $9,511 |
| 2017 | $723,526 | $9,511 |
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
0.4 mi
•515 Lime Ave
5
Oropeza Elementary School
Public District KG-5
0.7 mi
•700 Locust 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 $29,000. The most common annual income of people living in Long Beach, CA is 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?
58%
<35k
39%
35k-100k
1%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
37%
Single, No Kids
29%
Single, with Kids
7%
Married, No Kids
27%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
21%
<11 yrs old
12%
12-17 yrs old
30%
18-34 yrs old
32%
35-64 yrs old
5%
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
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Frequently asked questions
About 816 Alamitos Ave
The listing price of 816 Alamitos Ave property is $1,425,000.
The property 816 Alamitos Ave is a multi located in Long Beach, California, 90813.
Active Listing: 816 Alamitos Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 816 Alamitos Ave are: Lincoln Elementary School (GreatSchools Rating 6/10), Robert Louis Stevenson Elementary School (GreatSchools Rating 5/10), Oropeza Elementary School (GreatSchools Rating 5/10), Franklin Classical Middle School (GreatSchools Rating 4/10), Washington Middle School (GreatSchools Rating 3/10), Jessie E. Nelson Academy (GreatSchools Rating 4/10), Clear Passage Educational Center (GreatSchools Rating 1/10), Renaissance High School for the Arts (GreatSchools Rating 5/10), Polytechnic High School (GreatSchools Rating 6/10).
According to the records, the last property tax for 2024 is $17,720 (source: MLS/based on county public records data).
The last sale was on June 3, 2021 for $1,275,000 (source: MLS/tax record).
The year of construction for 816 Alamitos Ave is 1922.
This home is located at 816 Alamitos 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 27, 2025 and is currently priced at $1,425,000.
While more than 73 listings in Long Beach, CA in June 2025 were sold above asking price, there were more than 33 listings sold at asking price, and more than 90 were sold below. The inventory of homes for sale in Long Beach, CA between May and June 2025 increased by 4.8%. In June 2025, listings were on the market for 34 days. During the same period, the median list price in this real estate market was $836,224.
From Rocket Homes Real Estate and based on county public records data.