$1,350,000
679 Obispo, Long Beach CA 90814
Multi-Family (Fourplex)
Property type
1 day
On market
$425
Price per sqft
3 cars
Garage
1930
Year built
4,001 sqft
Lot size
Home highlights
Open Houses
Overview
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...
Listing provided by: Anthony Walker DRE #01908153 310-982-7055, Buckingham Investments, Inc, Josh Ess DRE #02035659 310-982-7055, Buckingham Investments, Inc
Listing updated: Jun 8, 2026 at 05:51pm.
Last checked: Jun 8, 2026 at 06:30pm
Source: CRMLS #SB26122163
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 1 | — | $2,495 | $2,495 | $2,700 | Unfurnished |
| 1 | 1 | 1 | — | $2,076 | $2,076 | $2,100 | Unfurnished |
| 1 | 2 | 1 | — | $2,360 | $2,360 | $2,700 | Unfurnished |
| 1 | 1 | 1 | — | $2,045 | $2,045 | $2,100 | Unfurnished |
# of Buildings: 2
# of Units Total: 4
Separate Electric Meters: 4
Separate Gas Meters: 4
Separate Water Meters: 1
Ranges: 4
Rent Control: Yes
Units Leased: 4
Total Actual Rent: $8,976
Tenant Pays: Electricity, Gas
Financial Snapshot
Gross Rent Multiplier
12.5x
List Price / Annual Gross Rent
Cap Rate
4.7%
NOI / List Price
Gross Scheduled Income: $107,712
Vacancy Allowance Rate: 5%
Operating Expense: $38,639
Net Operating Income: $63,688
Annual Operating Expenses
Electric: $2,596
Gardener: $1,680
Fuel: $841
Insurance: $3,970
Licenses: $593
Maintenance: $5,116
New Taxes: $16,875
Pest Control: $525
Professional Management: $5,116
Trash: $487
Water / Sewer: $839
Interior
Interior Features: Built In Features
Flooring: Tile, Vinyl
Cooling: None
Heating: Floor Furnace, Wall Furnace
Appliances: Gas Range
Fireplace: None
Laundry: None
Accessibility: None
Entry Location: 1
Exterior
Architectural Style: Spanish
Property Attached: Yes
Stories Total: 2
Levels: Two
Roof: Flat
Foundation: Raised
Construction Materials: Stucco
Property Condition: Turnkey
Common Walls: Two Common Walls Or More
Direction Faces: East
Lot Features: Rectangular Lot
Pool: None
Spa: None
Fencing: Wood
Water Source: Public
Sewer: Public Sewer
Electric: Standard
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View: None
Road Frontage Type: Alley, City Street
Road Surface Type: Alley Paved, Paved
Garage and Parking
Parking: Garage
Garage Spaces: 3
Uncovered Spaces: 3
Carport Spaces: 0
Parking Total: 6
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 7258030013
Additional Parcels: No
Tax Lot: 12
Tax Block: E
Subdivision: Carroll Park Condos (CRP)
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Urban
Nearby Schools
Nearby schools around the 679 Obispo, Long Beach, CA 90814. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,080,000
Total Interest
$1,377,480
Total Payment
$2,457,480
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$8,383
per month
Property History for 679 Obispo
Long Beach Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90814.
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