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Sold on 03/12/2025
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496 E Sunset St, Long Beach, CA 90805

$946,000

Last sold 03/12/2025 for $970K

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    bed

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    bath

Multi-family not for sale

About 496 E Sunset St

Property type Multi-family
Neighborhood
Year built 1954
HOA fee $0/month
Lot size 3,231 Sqft
Movoto estimate
Rental estimate
Property description
Gorgeous Remodeled 3-Unit Property in Desirable North Long Beach This beautifully renovated multi-unit property offers a fantastic investment opportunity in a sought-after area of North Long Beach. It consists of 2 attached 1-bedroom, 1-bathroom units and 2 Bed/ 1Bath, a newly constructed, standalone 3rd unit (built in 2024), providing spacious living arrangements for tenants or owner-occupants. Key Features: Completely Remodeled: All units have been fully renovated inside and out with modern finishes. Upgrades Include: New flooring throughout Brand-new roof Fresh interior and exterior paint Fully updated kitchens with new countertops and appliances Renovated bathrooms with contemporary fixtures Standalone 3rd Unit (Built in 2024): A spacious 1-bedroom, 1-bathroom unit with modern amenities. Individual Utilities: Each unit has its own electric meter and remote-controlled heating/cooling wall units, providing tenants with comfort and privacy. All units are Vacant , allowing you the flexibility to determine lease terms and conditions. Ideal for Owner-Occupant or Investor: Live in one unit and rent out the others for additional income. each unit has its own parking. Prime Location: Convenient Access to Amenities: Close to shopping centers, restaurants, and more. Proximity to Downtown Long Beach & the Beach: Just a short drive away from Long Beach's vibrant downtown area and the beach. Easy Airport Access: Long Beach Airport is only 13 minutes away, making travel a breeze. Buyer’s Responsibility: Buyer and their agents are advised to verify all property details and information independently.
Listed by
Listing Agent - BADAR MANSOOR
Listing Agent Contact: 909-560-3262
Listing Office - SMART SELL REAL ESTATE
Source: CRMLS mls logo
MLS#IV25002839 • last updated 1 year ago
Movoto checked CRMLS for data 3 minutes ago
Overview
Levels/Style One, Modern
Type Residential Income
SubType Triplex
Status Closed
Lot Size (Acres) 0.0742
Lot Size (SqFt) 3231
Year Built 1954
Interior
Laundry See Remarks
Flooring Laminate
Appliances Gas Range, Water Heater
Interior Features Unfurnished
Exterior
Foundation Slab
Construction Unknown
Building Area Square Feet, 1397
Roof Shingle
Parking Assigned, Driveway, Unpaved, Driveway Level, On Site, Parking Space, Street
Lot Description 2-5 Units/Acre
Amenities / Utilities
Fireplaces None
Sewer/ Septic Public Sewer
Water Source Public
Spa None
Pool None
Location
View None
County Los Angeles
Community Features Urban
Subdivision North Long Beach (NLB), North Long Beach (NLB)
Zoning LBR1N
Directions Atlantic Ave
APN 7130011016
Multifamily Details
Tenant Pays All Utilities
Vacancy Allowance 7680
Operating Expense 12000
Cap Rate 5.8
Expense: Insurance 6500
Total Expenses 12000
Expense: Maintenance 1900
Expense: Water/ Sewer 3600
Gross Income 76800
Gross Operating Income 69120
Gross Scheduled Income 76800
Lot/ Land Details
Road Frontage City Street
Road Surface Paved
$946K
Range: $823K-$1.06M
Last 30 days 
Rental est.: $1,492/month
Gross rent multiplier: 54.2
  • Mar 2025
    mls logo MLS # IV25002839
  • Mar 13, 2025 Sold
    $970,000 (-0.9%)
  • Jan 31, 2025 Pending
    —
  • Jan 6, 2025 Listed
    $979,000 (-6.8%)
  • Nov 2024
    mls logo MLS # CV24239619
  • Nov 23, 2024 Listed
    $1,050,000
  • Year Property taxes Tax assessment
  • 2024
    $2,195 +7.8%
    $135,443
  • 2023
    $2,036 +6.0%
    $135,443 +2.0%
  • 2022
    $1,920 +2.4%
    $132,789 +4.04%
  • 2021
    $1,874 +0.3%
    $127,634
  • 2020
    $1,869 +6.4%
    $127,634 +3.05%
  • 2018
    $1,757 +1.1%
    $123,851 +4.04%
  • 2017
    $1,738 +7.3%
    $119,044 +2.0%
  • 2016
    $1,620 +3.8%
    $116,711
  • 2015
    $1,560
    —
  • 496 E Sunset St
    $970K
  • Addams
    $604K -6% y/y
  • 90805
    $685K 0% y/y
  • Long Beach
    $699K 0% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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CRMLS Multiple Listing Service™ system
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 10/31/2026. 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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