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Closed
- Listed price
- $2,650,000
- Listed Jan 10, 2022
- Sold price
- $2,650,000
- Sold Apr 19, 2022
11,095 sqft lot|1963 Built|11 MLS days on market
501 E 51st St, Long Beach, CA 90805
Property Description
70% of building (very high %) is Section 8 or Program tenants for guaranteed income! Building is professionally managed (month-to-month), on large corner lot, undergone recent improvements/upgrades including enhanced foundation and is separately metered for gas and electric. Additional upside for rents. Separate laundry room provides extra income. Located in very strong rental market and approx. 1 mile from the very popular “Bixby Knolls” which is an active community and exceptionally family-friendly neighborhood. Bixby Knolls has embraced neighborhood events from “First Fridays” to Kidical Mass bike rides & stroller groups. Businesses stay open late as folks stroll between restaurants, shops, and street-side booths while being entertained by live bands and entertainers. Bixby is also home to the Helen Borgers Theater, the Long Beach Shakespeare Company and the Historical Society of Long Beach. Bixby is undergoing a true “renaissance” with many great partnerships with the City of Long Beach, City Council, neighborhood associations and other community groups. .
Listing agent: Teresa OwenDRE #01447263teresaowenrealtor@gmail.com, Listing office: Realty Masters & Associates
MLS data updated 10/25/2026, 5:31:27 PM PT
Source: CRMLSMLS #: OC21269484
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$2,650,000
Apr 19, 2022
Available records22022
From MLS recordsActual listing and closing events
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$2,650,000Closed sale · Apr 19, 2022ZIP 90805 · Apr 2022
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 2 price recordsJan 10, 2022 – Apr 19, 2022
ZIP 90805 · same property typeThis MLS property type has no exact comparison group.
Freddie Mac · national weekly ratesLoading mortgage-rate history…
Recorded sales in this period (1)
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
View listing & sale records
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.