Listed by Marvin Malone, Amberwood Real Estate, Inc., (562) 799-2388 . Bought with Circa Properties, Inc.
522 E Rhea St
Long Beach, CA 90806
Poly High District- 15 Beds
- 7 Baths
- 4,212 sqft
15 Beds
7 Baths
4,212 sqft
Homes for sale near 522 E Rhea St
Apartments for Rent
Local Information
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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
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from May 14, 2025
Home Highlights
Parking
8 Parking Spaces
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
Home Details for 522 E Rhea St
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Interior Details Number of Rooms: 2Types of Rooms: Kitchen, Living Room |
Beds & Baths Number of Bedrooms: 15Number of Bathrooms: 7 |
Appliances & Utilities Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water ConnectedAppliances: Dishwasher, Free-Standing Range, Gas Cooktop, Disposal, Gas Oven, Gas Water Heater, Microwave, Portable Dishwasher, Refrigerator, Dryer, WasherDishwasherDisposalDryerLaundry: Washer Hookup,Electric Dryer Hookup,Gas Dryer Hookup,Inside,StackedMicrowaveRefrigeratorWasher |
Heating & Cooling Heating: Wall FurnaceNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Wall Furnace |
Fireplace & Spa Fireplace: NoneSpa: NoneNo FireplaceNo Spa |
Gas & Electric Electric: 220 Volts in Laundry |
Windows, Doors, Floors & Walls Window: Double Pane WindowsFlooring: Laminate, TileCommon Walls: 1 Common Wall |
Levels, Entrance, & Accessibility Stories: 2Number of Stories: 2Levels: TwoEntry Location: StepsAccessibility: Parking, Accessible DoorsFloors: Laminate, Tile |
View No ViewView: None |
Security Security: Carbon Monoxide Detector(s), Smoke Detector(s), Security Lights |
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Exterior Home Features Roof: CompositionFencing: Security, Wrought IronNo Private Pool |
Parking & Garage Open Parking Spaces: 8No GarageNo Attached GarageParking Spaces: 8Parking: Assigned,Concrete,Gated,On Site |
Pool Pool: None |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
Surface & Elevation Elevation Units: Feet |
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Cumulative Days on Market: 394 |
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Year Built Year Built: 1923 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Quadruplex |
Building Construction Materials: Stucco, Copper PlumbingNot a New ConstructionAttached To Another StructureNo Additional Parcels |
Property Information Parcel Number: 7209004011 |
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Price List Price: $1,780,000 |
Status Change & Dates Off Market Date: Mon Mar 17 2025Possession Timing: Close Of Escrow |
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MLS Status: Closed |
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Direction & Address City: Long BeachCommunity: Poly High (Ph) |
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Building Area Building Area: 4212 Square Feet |
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Community Features: Curbs, Street Lights, SidewalksNot Senior Community |
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Association for this Listing: California Regional MLS |
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Lot Area: 6500 sqft |
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Special Conditions: Standard |
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Contingencies: NONEListing Terms: Cash, Conventional, 1031 Exchange, FHA, VA Loan |
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Expense Tenant Pays: Cable TV, Electricity, Gas |
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No Rent Control |
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Mls Number: PW24016535Living Area Range Units: Square FeetAttribution Contact: 562-377-2370Back On Market Date: Tue Oct 22 2024Common Interest: NoneUniversal Property Id: US-06037-N-7209004011-R-N |
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CurbsStreet LightsSidewalks |
Last check for updates: about 3 hours ago
Listed by Marvin Malone DRE #01202247, (562) 377-2370
Amberwood Real Estate, Inc.
Bought with: Alphonso Roberson DRE #02122187, Circa Properties, Inc.
Originating MLS: California Regional MLS
Source: CRMLS, MLS#PW24016535

Price History for 522 E Rhea St
| Date | Price | Event | Source |
|---|---|---|---|
| 07/23/2025 | $3,400 | ListingRemoved | Zillow Rentals |
| 07/02/2025 | $3,400 | Listed For Rent | Zillow Rentals |
| 05/12/2025 | $1,775,000 | Sold | CRMLS #PW24016535 |
| 05/10/2025 | $3,300 | ListingRemoved | CRMLS #PW25019401 |
| 03/17/2025 | $1,780,000 | Pending | CRMLS #PW24016535 |
| 01/27/2025 | $3,300 | Listed For Rent | CRMLS #PW25019401 |
| 12/28/2024 | $1,749,900 | PriceChange | CRMLS #PW24016535 |
| 12/19/2024 | $1,725,900 | PriceChange | CRMLS #PW24016535 |
| 12/06/2024 | $1,749,900 | PriceChange | CRMLS #PW24016535 |
| 10/22/2024 | $1,799,000 | Listed For Sale | CRMLS #PW24016535 |
| 01/12/2021 | ListingRemoved | CRMLS | |
| 10/19/2020 | $2,995 | Listed For Rent | Agent Provided |
| 07/02/2020 | $3,500 | ListingRemoved | Agent Provided |
| 06/29/2020 | $3,500 | PriceChange | Agent Provided |
| 09/23/2019 | $2,995 | PriceChange | Agent Provided |
| 09/17/2019 | $3,500 | Listed For Rent | Agent Provided |
| 10/26/2018 | $610,000 | Sold | N/A |
| 07/25/2018 | $650,000 | Pending | Agent Provided |
| 07/24/2018 | $650,000 | Listed For Sale | Agent Provided |
| 12/01/2006 | $890,000 | Sold | N/A |
| 09/21/2005 | $850,000 | Sold | N/A |
| 06/05/2000 | $185,000 | Sold | N/A |
| 11/24/1998 | $268,473 | Sold | N/A |
| 03/26/1997 | $265,000 | Sold | N/A |
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $9,715 |
| Assessment | $1,473,625 |
Home facts updated by county records
Comparable Sales for 522 E Rhea St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.31 | Multi-Family Home | $1,359,000 | 04/08/26 | 12 | 6 | 4,008 | |
0.35 | Multi-Family Home | $1,960,000 | 12/17/25 | 19 | 9 | 7,176 | |
0.48 | Multi-Family Home | $1,225,000 | 10/15/25 | 11 | 9 | 4,516 | |
0.49 | Multi-Family Home | $1,900,000 | 12/19/25 | 11 | 10 | 6,423 | |
0.54 | Multi-Family Home | $1,659,000 | 04/08/26 | 8 | 9 | 4,945 | |
0.38 | Multi-Family Home | $1,135,000 | 09/26/25 | 7 | 6 | 2,695 | |
0.51 | Multi-Family Home | $1,600,000 | 04/14/26 | 11 | 11 | 7,226 | |
0.48 | Multi-Family Home | $1,450,000 | 12/04/25 | 9 | 7 | 3,083 |
Assigned Schools
These are the assigned schools for 522 E Rhea St.
What Locals Say about Poly High District
At least 86 Trulia users voted on each feature.
92 % Say there are sidewalks
75 % Say it's dog friendly
71 % Say car is needed
65 % Say there's holiday spirit
62 % Say it's walkable to grocery stores
62 % Say yards are well-kept
58 % Say it's walkable to restaurants
52 % Say streets are well-lit
51 % Say kids play outside
51 % Say they plan to stay for at least 5 years
43 % Say neighbors are friendly
37 % Say there's wildlife
35 % Say it's quiet
31 % Say people would walk alone at night
26 % Say there are community events
22 % Say parking is easy
Learn more about our methodology.
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-02-09 09:51:42 PST and /or other sources. 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
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-02-09 09:51:42 PST and /or other sources. 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
Homes for rent near 522 E Rhea St
Off Market Homes Near 522 E Rhea St
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522 E Rhea St, Long Beach, CA 90806 is a 15 bedroom, 7 bathroom, 4,212 sqft multi-family built in 1923. 522 E Rhea St is located in Poly High District, Long Beach. This property is not currently available for sale. 522 E Rhea St was last sold on May 12, 2025 for $1,775,000 (0% lower than the asking price of $1,780,000). The current Trulia Estimate for 522 E Rhea St is $1,769,500.