Sold
Last Sold Price
5 beds3 baths
565 E Rhea St, Long Beach, CA 90806
Multi FamilyProperty Type
0.15 acresLot Size

Description

Two Houses in one Lot. Great investment for investors with good rental income, or best opportunity for homeowner who can live in one house and rent another. This property is located in the Poly High area, consisting of 3 bedroom and 2-bathroom, front house and 2 beds and one-bathroom, back house. Front house has its own driveway and huge parking space next to the back unit with one car garage. It is convenient location close to market, restaurant, beach and easily accessible to Freeway. Please do...Two Houses in one Lot. Great investment for investors with good rental income, or best opportunity for homeowner who can live in one house and rent another. This property is located in the Poly High area, consisting of 3 bedroom and 2-bathroom, front house and 2 beds and one-bathroom, back house. Front house has its own driveway and huge parking space next to the back unit with one car garage. It is convenient location close to market, restaurant, beach and easily accessible to Freeway. Please do not disturb tenants.
  • Listed by: Jim Chhun jimchhun@hotmail.com DRE #01359353 Brokerage DRE #01273285 • First American Team Realty Inc
Listing closed: 05/08/2023 12:00 AM • Source: SDMLS, MLS#: PW23045425

Recent comparable sales

Median sold price

$850,000

Avg days on market

70

Sale-to-list ratio

96.6%

Long Beach, CA

9 comparable properties found

$850,000 | 201 East Eagle Street, Long Beach, CA 90806
1/3
1

$850,000

Sold 07/28/26

5
Bedrooms
3
Bathrooms
1,914
Square Feet
0.09
Acres
an aerial view of residential houses with outdoor space
2

$930,000

Sold 04/28/26

5
Bedrooms
3
Bathrooms
Unavailable
Square Feet
0.14
Acres
a front view of a house with a yard and garage
1/11
3

$940,000

Sold 06/23/26

5
Bedrooms
3
Bathrooms
2,164
Square Feet
0.15
Acres
front view of a house
4

$725,000

Sold 02/06/26

5
Bedrooms
2
Bathrooms
2,070
Square Feet
0.18
Acres
5

$860,000

Sold 03/10/25

5
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.17
Acres
a front view of a house with garden
6

$860,000

Sold 12/11/24

5
Bedrooms
3
Bathrooms
1,814
Square Feet
0.17
Acres
$830,000 | 1450 North Peterson Avenue, Long Beach, CA 90813
7

$830,000

Sold 08/14/26

5
Bedrooms
3
Bathrooms
1,475
Square Feet
0.12
Acres
a front view of a house with a garden
8

$760,000

Sold 10/09/25

5
Bedrooms
3
Bathrooms
2,248
Square Feet
0.09
Acres
a view of a house with a small yard and plants
9

$720,000

Sold 04/23/26

5
Bedrooms
3
Bathrooms
1,760
Square Feet
0.11
Acres

Location

Listing Courtesy of First American Team Realty Inc, Jim Chhun, DRE #01359353

Sold By First American Team Realty Inc, Steve Vong, DRE #01273285

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Property Taxes

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Property Information for 565 East Rhea Street

Property Details
  • MLS Type: 2-4 Units / Res Income 2-4 Units
  • Community: Poly High (PH)
  • Zoning: Assessor
  • Standard Status: Closed
Building Information
  • Residences: 2
  • Lot Size: 0.15 AC / 6,470 SF
Summary
Location and General Information
  • Coordinates: -118.185715, 33.792759
  • Latitude: 33.792759
  • Longitude: -118.185715
  • Directions: FROM 405 TOWARD DOWNTOWN LONG BEACH AND TURN RIGHT ON REAH ST
Taxes and HOA
  • CFD Mello Roos Fee Reflct: Year
  • CFD Mello Roos Fee: $538
  • Monthly Total Fees: $44
Property
Lot Information
  • Building Area Total: 0.0
  • Building Area Units: Sqft
  • Living Area: 0
  • Living Area Units: Sqft
  • Lot Size Area: 0.1485
  • Lot Size Square Feet: 6470.0
  • Lot Size Units: Acres
  • Lot Size:
Property and Assessments
  • Property Sub Type: Res Income 2-4 Units
  • Property Type: Residential Income
  • Site: Curbs, Sidewalks
  • Year Built: 0
Interior and Exterior Features
Exterior Features
  • Construction Materials: Stucco
  • Pool Features: N/K
  • Pool Heat: N/K
  • Roof: Composition
  • Number Of Buildings: 2
Interior Features
  • Bathrooms Half: 0
  • Cooling: Wall/Window
  • Heating: Other/Remarks
  • Levels: 1 Story
  • Bedrooms Count: 5
  • Baths Total: 3.0
Multi Family
Income & Expenses
  • Operating Expense: $3,596
  • Gross Scheduled Income: $53,520
Multi Family Information
  • Unit Numfor Unit1: 1
  • Unit Numfor Unit2: 2
  • Number Of Units Total: 2

Property History for 565 East Rhea Street

DateEvent & SourcePriceAppreciation
May 8, 2023

Sold

SDMLS #PW23045425

$750,000
Apr 4, 2023

Pending

SDMLS #PW23045425

Mar 19, 2023

Listed (Active)

SDMLS #PW23045425

$750,000
DateEvent & SourcePrice
05/08/2023

Sold

SDMLS #PW23045425

$750,000
04/04/2023

Pending

SDMLS #PW23045425

03/19/2023

Listed (Active)

SDMLS #PW23045425

$750,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 565 East Rhea Street

Taxable ValueLand$636,724Additions$159,181Total$795,905
Tax Record2025$10,619 ($885 / month)
Home Facts
Baths2Total Finished SqFt1,832 SqFtAbove Grade Finished SqFt1,832 SqFtLot Size6,500 SqFtStyleDuplexYear Built1919Year Renovated1919ZoningLBR1NCountyLOS ANGELESAPN7209-003-019

Schools near 565 East Rhea Street

This home is within Long Beach Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Burnett Elementary School
PublicK to 5

Jessie Nelson Academy
Public6 to 8

Polytechnic High School
Public9 to 12

Educational Partnership High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 565 East Rhea Street, Long Beach, CA 90806
$750,000
5
3
6,470
$750,000
5
3
1,832
6,470
$385,000
3
1,192
6,441
$190,000
2
1,384
3,973
2
2,118
5,625
$243,000
3
1,680
2,925

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of First American Team Realty Inc, Jim Chhun, DRE #01359353

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.