679 Obispo Long Beach, CA $ 1,350,000
679 Obispo
$ 1,350,000
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679 Obispo

Long Beach, CA, 90814
$ 1,350,000
Bedrooms-- Baths1.0 Sq 3,176

Monthly Estimate*

$ 9,324

Listed by Anthony Walker, Buckingham Investments, Inc, Anthony.walker@buckinghaminvestments.com
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Multi-Family Home for sale in Long Beach, CA

for $1,350,000 with 1 full bath. This 3,176 square foot home was built in 1930 on a lot size of 0.0919.

Perfectly located Historic Rose Park South four unit property on the market for the first time in nearly 25 years. Excellent unit mix with two large 2 bed/1 bath units and two 1 bed/1 bath units full of historic charm and natural light, all with recently updated interiors. Deep lot with a detached 3 car garage plus 3 parking spaces, and a rear patio ideal for ADU development. Well priced on actual income at 12.5X GRM plus a 12% upside to 11.2X GRM and 5.6% cap rate at market rents. Separately metered for gas and electricity. Nestled between the Rose Park and Bluff Heights neighborhoods of Long Beach. 2 blocks away from 4th Street Retro Row including popular restaurants, shops and bars. Just over 1 mile away from the beach with pedestrian access to the scenic Shoreline Bike Path. Long Beach will host 18 events during the upcoming LA28 Olympics, including several taking place right on the beach.

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Multi-Family Pending

Price

$ 1,350,000

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.0919

Year Built

1930

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

SB26122163

Days on Market

133

Features
General
Sewer Public Sewer
Heating Floor Furnace Wall Furnace
Cooling None
Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Possession Close Of Escrow
Roof Flat
Appliances Gas Range
HOA Fee 0
Garage Spaces 3
Architectural Style Spanish
Pool Features None
Construction Materials Stucco
Year Built 1930
Electric Standard
Tenant Pays Electricity Gas
View None
Stories Count 2
Levels Two
Property Subtype Quadruplex
Gross Income 107712
Community Features Urban
Accessibility None
County Los Angeles
Net Operating Income 63688
Operating Expense 38639
Insurance Expense 3970
New Construction false
Property Type Residential Income
HOA false
MaintenanceExpense 5116
Subdivision Name Carroll Park Condos (CRP)
Facing Direction East
Garage Y/N true
Special Listing Conditions Standard
Status Pending
Directions West side of Obispo just South of 7th St.
City Long Beach
Entry Location 1
Senior Community Y/N false
Open Parking Spaces 3
Number Of Units Total 4
MLS Area 3 - Eastside Circle Area
Lot Size Units Square Feet
Lot Size Square Feet 4001
Carport Spaces 0
Number of Units Leased 4
Listing Terms 1031 Exchange
Spa Features None
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 2596
Fuel Expense 841
Property Condition Turnkey
Trash Expense 487
Water Sewer Expense 839
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Pending
Year Built Source Public Records
Tax Lot 12
Total Actual Rent 8976
Property Sub Type Additional Quadruplex
Taxes 16875
Cap Rate 4.7
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Interior
Interior Amenities Built-in Features
Flooring Tile Vinyl
Fireplace Features None
Total Stories 2
Common Walls 2+ Common Walls
Air Conditioning Y/N false
Heating Y/N true
Fireplace Y/N false
Laundry Features None
Entry Level 1
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Exterior
Fencing Wood
Parking Features Garage
Lot Features Rectangular Lot
Water Source Public
Total Parking 6
Lot Size Area 4001
Foundation Details Raised
Number of Buildings 2
Spa false
Building Area Total 3176
Lot Size Acres 0.0919
Road Surface Type Alley Paved Paved
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 4
Number of Separate Electric Meters 4
Road Frontage Type Alley City Street
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* Excluded Features
List By
Anthony Walker

Listing Agent

Buckingham Investments, Inc

Broker

Anthony.walker@buckinghaminvestments.com

Email

Affordability Calculator

$9,324
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Monthly Principal & Interest
$9,324
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Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/8/2026$1,350,000 Listed Price

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679 Obispo, Long Beach, CA, 90814 is a Multi-Family Home for sale at $1,350,000 with 3,176 sqft and a lot size of 0.0919. 679 Obispo has 1.0 baths and was built in 1930. The property's zip code is 90814 which is in Long Beach, CA