San Clemente - Ali Ardabili Team
1/4
Listed By: Amberwood Real Estate, Inc., 562-377-2370, Marvin Malone
Local Realty Services Provided By: Keller Williams Realty Pacific Estates
US / CA / Long Beach / North Poly / 522 E Rhea Street E
Overview
What It'll Cost
Neighborhood
Similar Homes

US / CA / Long Beach / North Poly / 522 E Rhea Street E
$1,780,000
522 E Rhea Street E, Long Beach, CA 90806
4,212 sq ft
.15 ac
US / CA / Long Beach / North Poly / 522 E Rhea Street E
$1,780,000

522 E Rhea Street E, Long Beach, CA 90806

Estimation provided by Keller Williams Realty Inc.
4,212 sq ft
.15 ac
Pending
For Sale

Property Description

Back on The Market!!THIS 4-UNIT PROPERTY IS A RARE FIND FOR INVESTORS Looking for Great Income, with a Current Gross Schedule Income of $149,300 per Year!!! With a Current Cap Rate at 6.75, Also, The Entire Building was Totally Remodeled Down to the Studs in 2019.The Property Currently has a Newer Roof, Newer Copper Plumbing Throughout, Newer Windows, Newer Interior & Exterior Paint, Newer Laminated Wood and Tile Flooring throughout, Recess Lighting Throughout, Remodeled Kitchens with Newer Wood Cabinets, Granite Countertops, Newer Refrigerators, Stoves, Microwaves, Washers & Dryers, That's Included with the Purchase!! This 4-Unit Building Offers (THREE) 4/Bedrooms 2/Bathrooms & (ONE) 3/Bedrooms with 1/Bathroom. Each Unit is Individually Metered with Gas & Electricity and Currently the Building is 100% Tenant Occupied. This Property Offers Great Gated Parking for Tenants, with (8) Inside Parking Spaces. This Property Wont Last!!6

Property Details

Compare This Home
Overview
Property Type
Quadruplex
Property Size
4,212 sq ft
Year Built
1923
Days on Site
420 Days
HVAC
Wall Furnace
Parking
8 Parking Spaces
Ardabili and Associates
Keller Williams OC Coastal Realty
01905747

Activity History

VIEWS
2
SAVES
0
SHARES
0
Data provided by Keller Williams Realty, Inc.
Upcoming Open Houses
No open houses are currently scheduled for this property. Don't worry - you can always schedule a tour, or get additional help from your agent.

Estimated Monthly Payment

Purchase Price: $1,780,000
Principal + Interest
$7,540 (90%)
Property Tax
$758.77 (9%)
Home Insurance
$125 (1%)
HOA/Condo Fee
$0 (0%)
Mortgage Insurance
$0 (0%)
Monthly Payment
$8,424
Purchase Price
$
Purchase price has been changed to something other than the currently listed price.
Down Payment
%
$
Interest Rate
%
Loan Type
Property Tax
%
$
Home Insurance /year
$
HOA/Condo Fees /month
$
Mortgage Insurance /month
$
Credit Score
This calculator is just an estimate. Contact Keller Williams for full and accurate assessment.

Price & Tax History

Date
Event
Price
03/17/2025
Price Increase
$1,780,000
(+1.72%)
12/28/2024
Price Increase
$1,749,900
(+1.39%)
12/19/2024
Price Decrease
$1,725,900
(-1.37%)
12/06/2024
Price Decrease
$1,749,900
(-2.73%)
06/21/2024
Price Decrease
$1,799,000
(-2.76%)
03/29/2024
Price Decrease
$1,850,000
(-2.58%)
02/14/2024
Price Decrease
$1,899,000
(-1.35%)
01/30/2024
Listed
$1,925,000
(+215.57%)
10/15/2018
Sold
$610,000
(-31.46%)
08/03/2006
Sold
$890,000
(+4.71%)
07/13/2005
Sold
$850,000
(+359.46%)
04/06/2000
Sold
$185,000
(-31.09%)
05/08/1998
Sold
$268,473
(+1.31%)
03/05/1997
Sold
$265,000
(+80.27%)
02/03/1997
Sold
$147,000
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2023
$9,105
(+6.3%)
$641,637
Land 428,879 + Additions 225,581
2022
$8,566
(+2.28%)
$629,065
Land 412,226 + Additions 216,839
2021
$8,375
(+1.44%)
$629,065
Land 412,226 + Additions 216,839
2019
$8,256
(-37.68%)
$622,200
Land 408,000 + Additions 214,200
2017
$13,248
$1,047,964
Land 529,869 + Additions 518,095
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.

Explore North Poly

Go to Neighborhood

market snapshot

$1.35M
Avg. List Price
4
Current Listings
145
Avg. Active Days on Market

Nearby Schools

3/10
Smith Elementary School
Pre-K-5th Grade
Student-Teacher Ratio: 25:1
3/10
Jessie Nelson Academy
6th-8th Grade
Student-Teacher Ratio: 25:1
7/10
Polytechnic High School
9th-12th Grade
Student-Teacher Ratio: 24:1
N/A
Holy Innocents Elementary School
N/A Grade
Student-Teacher Ratio: 21:1
N/A
Montessori On Elm Preschool + Kindergarten
N/A Grade
Student-Teacher Ratio: 8:1
N/A
First Baptist Church School
N/A Grade
Student-Teacher Ratio: 14:1
N/A
Regency High School
N/A Grade
Student-Teacher Ratio: 11:1
N/A
St Anthony High School
N/A Grade
Student-Teacher Ratio: 17:1
N/A
St Anthony Elementary School
N/A Grade
Student-Teacher Ratio: 16:1
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Disclaimer: This information is provided by Precisely and subject to change. Please check the applicable school district.

Transit & Commute

Estimated commute times from North Poly
64%
Car-Dependent Walkable Very Walkable
Ardabili and Associates
Keller Williams OC Coastal Realty
01905747

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MLS Source Origin: California Regional MLS

Equal Housing Opportunity. Based on information from California Regional Multiple Listing Service, Inc. as of 3/26/2025, 4:03:43 AM EST. 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. 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. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals.

MLS Source Origin: California Regional MLS

Equal Housing Opportunity. Based on information from CRISNet MLS as of 3/26/2025, 4:03:43 AM EST. 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. Properties may or may not be listed by the office/agent presenting the information. Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS.. Information being provided is for the consumers personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing.

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