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Sold on 09/27/2024
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1216 E Florida St, Long Beach, CA 90802

$1,712,000

Last sold 09/27/2024 for $1.65M

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    bed

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    bath

Multi-family not for sale
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About 1216 E Florida St

Property type Multi-family
Neighborhood
Year built 1904
HOA fee $0/month
Lot size 9,929 Sqft
Movoto estimate
Parking 4 garage spaces
Rental estimate
Property description
Huge Residential Compound located within the highly sought after neighborhood of Alamitos Beach! Here is your chance to own three freestanding buildings on a massive lot of almost 10,000 sqft, blocks away from the sandy beach! This large 4-unit asset consists of two single family homes (each with their own garages and private yard space) and a duplex, totaling almost 4,000 sqft of rentable space with plenty of parking. Live in one and rent the others, add more units by converting the garages into ADUs, short-term rentals blocks away from the ocean – the opportunities are endless!
Listed by
Listing Agent - Matthew Mahowald
Listing Agent Contact: 310 756-5511
Listing Office - Buckingham Investments, Inc
Source: CRMLS mls logo
MLS#SB24072977 • last updated 2 years ago
Movoto checked CRMLS for data 5 minutes ago
Overview
Levels/Style Two
Type Residential Income
SubType Quadruplex
Status Closed
Lot Size (Acres) 0.2279
Lot Size (SqFt) 9929
Year Built 1904
Condition Turnkey
Interior
Appliances Water Heater
Interior Features Balcony, Built-in Features, Ceiling Fan(s), Open Floorplan
Accessibility Features Parking
Exterior
Building Area Square Feet, 3984
Parking Assigned, Driveway, Concrete, Driveway Level, Garage, Garage - Single Door, Off Street, On Site, Oversized, Parking Space, Private
# Uncovered Spaces 8
# Carport Spaces 2
# Parking Spaces 14
# Garage Spaces 4
Other Structures Second Garage, Second Garage Attached, Second Garage Detached, Storage
Lot Description Back Yard
Amenities / Utilities
Fireplaces None
Sewer/ Septic Public Sewer
Water Source Public
Electric Standard
Spa None
Pool None
Location
View None
County Los Angeles
Community Features Curbs, Dog Park, Park, Street Lights, Urban
Subdivision Alamitos Beach (AB), Alamitos Beach (AB)
Zoning LBR1N
Directions On The Corner Of Orange Ave And Florida St
APN 7275009001
Multifamily Details
Expense: Trash 1200
Operating Expense 46880
Expense: Insurance 2900
Total Expenses 46800
Expense: Water/ Sewer 1200
Gross Income 149880
Gross Scheduled Income 149880
Lot/ Land Details
Road Frontage City Street
Road Surface Paved
$1.71M
Range: $1.54M-$1.88M
Last 30 days 
Rental est.: $1,230/month
Gross rent multiplier: 111.8
  • Sep 2024
    mls logo MLS # SB24072977
  • Sep 27, 2024 Sold
    $1,650,000
  • Aug 20, 2024 Pending
    —
  • Jun 27, 2024 Price Change
    $1,800,000 (-2.7%)
  • Jun 5, 2024 Listed
    —
  • May 10, 2024 Active
    —
  • Apr 15, 2024 Listed
    $1,850,000 (+19.4%)
  • Sep 2024
    Public Records
  • Sep 27, 2024 Sold
    $1,650,000 (-8.3%)
  • Dec 2022
    Public Records
  • Dec 28, 2022 Sold
    $1,550,000 (+106.7%)
  • Apr 2004
    Public Records
  • Apr 22, 2004 Sold
    $750,000
  • Year Property taxes Tax assessment
  • 2024
    $20,694 +1.7%
    $1,581,000 +2.0%
  • 2023
    $20,351 +56.7%
    $1,550,000
  • 2022
    $12,987 +2.1%
    $1,550,000 +57.34%
  • 2021
    $12,720 +0.3%
    $985,128 +1.04%
  • 2020
    $12,687 +5.2%
    $975,027 +2.0%
  • 2018
    $12,063 +1.1%
    $955,910 +4.04%
  • 2017
    $11,936 +7.6%
    $918,793 +2.0%
  • 2016
    $11,090 +12.1%
    $900,778
  • 2015
    $9,892
    —
  • 1216 E Florida St
    $1.65M
  • Franklin School
    $495K +22% y/y
  • 90802
    $459K -8% y/y
  • Long Beach
    $699K 0% y/y
No chart available
Statistics calculated by Movoto

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5/10
Stevenson Elementary School
public Grades K-5
Long Beach Unified School District
6/10
Polytechnic High School
public Grades 9-12
Long Beach Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

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The real estate listing data marked with this icon comes from the IDX program of the CRMLS Multiple Listing Service™ system.
Based on information from California Regional Multiple Listing Service, Inc. as of 10/22/2026. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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