Los Angeles County  »  90805  »  E Market St  »  1240 E Market St

1240 East Market Street, Long Beach, CA 90805 - Property report

Also known as: 1240 Market St

Property image for 1240 East Market Street, Long Beach, CA 90805
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Property type

Three Units (Any Combination) - 4 Stories or Less (0300)

Year built

1944

Acreage

0.164

Sale price

$420,000

General Information

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Address
Primary address
1240 E Market St
Long Beach, CA 90805
Alternate address(es)
1240 Market St
1242 1/2 Market St
1242 Market St
Zip code
90805
Neighborhood
Carmelitos
County
Los Angeles
Municipality
Long Beach

Owner

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Building
Property type
Three Units (Any Combination) - 4 Stories or Less
Building sq. ft.
1,512
Buildings on lot
2
Stories
4 or less
Year built
1944
Last altered
Bedrooms
4
Bathrooms
2
Sales
Sale date
10/30/2012
Sale price
$420,000
Arm's length
Tax
Tax year
2025-2026
Property tax
$6,440
Tax per sq. ft.
$4
Zoning & use
Zoning
Two-Family Residential, Standard Lot (R-2-N)
Units
3
Lot
Acreage
0.164

Area overview

Walk score
74 /100.  Very Walkable
Transit score
41 /100.  Some Transit
Bike score
70 /100.  Very Bikeable
School district
Long Beach Unified School District
Weed hazard
No
Ownership

Ownership information for 1240 East Market Street, Long Beach, CA

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address
Documents

Sales history for 1240 East Market Street, Long Beach, CA 90805

Sale date Sale price Buyer name Seller name
10/30/2012 $420,000 XXXXXXX XXXXX; XXXXXXX XXXXXXX X XXXXXXXX XXXXXXX XXX
06/11/2012 $284,000 XXXXXXXX XXXXXXX XXX XXXXXX XXXXXXXX; XXXXXXXXXX XXXXXXX XXXXXXX; XXXXXX XXXXXX

*Most recent sales on record for this property.

More about Los Angeles County property records.

Title documents

Date Type Amount Party 1 Party 2
09/09/2015 Quitclaim Deed
(File correction - Single parcel sale)		 XXXXXXX XXXXXXX X XXXXXXX XXXXXXX X XXXXXXX
10/30/2012 Assignment of Rents
Trust Deed		 XXXXXXX XXXXX XXXX XXXXXXXX XXX
10/30/2012 Grant Deed
(Sale for consideration - full DTT - Single parcel sale)		 XXXXXXXX XXXXXXX XXX XXXXXXX XXXXX
06/11/2012 Trustees Deed XXXXXX XXXXXXXX XXXXXXXX XXXXXXX XXX
05/17/2011 Notice of Trustees Sale XXXXXX XXXXXXXX
01/18/2007 Assignment of Rents
Trust Deed		 XXXXXXXXXXXXX XXXXXXXX XXX XXXXXX XXXXXXXX
12/07/2006 Deed XXXXXX XXXXXXXX XXXXXX XXXXXX X XXXXX
07/27/2006 Trust Deed XXXXXX XXXXXXXX XXXXXXXXXXX XXXX
01/19/2005 Trust Deed XXXXXX XXXXXXXX XXXXXXXXXXXXX XXXXXXXX XXX
07/02/2004 Deed
(File correction - Single parcel sale)		 XXXXXX XXXXXXXX XXXXXX XXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 1240 East Market Street, Long Beach, CA

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2025-2026
Base tax
$6,440
Current property tax
$6,963
Tax per sq. ft.
$4
Recent tax assessments
Market value
$507,436
Land value
$376,811
Building value
$130,625

More about Los Angeles County property taxes

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Assessed value Tax rate Property tax Y-o-Y change
2025-2026 $507,436 1.2691 $6,440 +4.38%
2024-2025 $497,487 1.2402 $6,170 +1.66%
2023-2024 $487,733 1.2443 $6,069 +6.73%
2022-2023 $478,171 1.1891 $5,686 +1.83%
2021-2022 $468,796 1.1911 $5,584 +0.26%
2020-2021 $463,990 1.200406 $5,570 +3.22%
2019-2020 $445,974 1.209926 $5,396 +2.23%
2018-2019 $437,230 1.2072 $5,278 +1.06%
2017-2018 $428,658 1.2184 $5,223 +7.48%
2016-2017 $420,254 1.1562 $4,859 +4.35%

Special assessments & penalties for 1240 East Market Street, Long Beach, CA

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Code Description Tax levied
06203 County Sanitation District #3
03694 La County Regional Park And Open Space District
03071 Los Angeles County Flood Control
00170 Los Angeles County Trauma/Emerg Srvs
31026 Mwd Water Standby Charge #8
00177 Safe, Clean Water Program Funding Measure W
Permits

Permit information for 1240 East Market Street, Long Beach, CA

No recently recorded permits for this property.

More about Los Angeles County property records

Neighborhood

Long Beach residential market stats

Access a detailed real estate market overview of Long Beach so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Long Beach and compare it to other neighborhoods in Los Angeles.

Median sale price

$799,000

6.5% Y-o-Y

Median price/sq. ft.

$637

-2.2% Y-o-Y

Los Angeles county median sale price

$870,000

-0.6% Y-o-Y

Check out recently sold homes in Long Beach and see how their prices compare.

Risk

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FEMA flood zones

FEMA flood zones
X
Landslides and liquefaction map

Fire hazard zones

Faults and tsunami inundation zones map
Crime incidents map

Transportation

Daily traffic map
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Access the detailed traffic volume map for 1240 East Market Street, Long Beach, CA 90805 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Schools

Nearest elementary schools

Name Rating Type Grade range No of students Distance (miles)
Spectrum Center- Long Beach Middle Market Street NR Private K-12 114 0.33
Harte Elementary School 6 Public K-5 803 0.45
St. Athanasius Elementary School NR Private K-8 120 0.57
Barton Elementary School 4 Public K-5 460 0.57
Gethsemane Baptist Christian NR Private PK-10 85 0.74
Gethsemane Baptist Christian NR Private PK-10 85 0.74
Addams Elementary School 5 Public K-5 775 0.87
Seaside Academy NR Private K-12 0 0.96
Dooley Elementary School 6 Public K-5 744 1.19
Grant Elementary School 5 Public K-5 978 1.21
Nearest middle schools

Name Rating Type Grade range No of students Distance (miles)
Lindbergh Middle School 6 Public 6-8 408 0.33
Spectrum Center- Long Beach Middle Market Street NR Private K-12 114 0.33
St. Athanasius Elementary School NR Private K-8 120 0.57
Gethsemane Baptist Christian NR Private PK-10 85 0.74
Seaside Academy NR Private K-12 0 0.96
Success Work College Preparatory Academy NR Private K-9 0 1.25
Lindsey Academy 4 Public 6-8 725 1.45
Hoover Middle School 6 Public 6-8 538 1.68
Powell Academy For Success 5 Public K-8 806 1.70
Hughes Middle School 6 Public 6-8 1,295 1.80
Nearest high schools

Name Rating Type Grade range No of students Distance (miles)
Spectrum Center- Long Beach Middle Market Street NR Private K-12 114 0.33
Gethsemane Baptist Christian NR Private PK-10 85 0.74
Seaside Academy NR Private K-12 0 0.96
New Life Christian Academy NR Private K-12 0 1.36
Jordan High School 3 Public 9-12 2,241 1.38
Southwestern Longview Private NR Private K-12 0 1.54
Odyssey Stem Academy 9 Public 9-12 492 1.63
Buena Vista High School 2 Public 9-12 245 1.66
The Education Corps 2 Charter 9-12 202 2.18
Rancho Dominguez Preparatory 4 Public 6-12 712 2.66

Data provided by GreatSchools.org © 2026. All rights reserved.

Neighbors for 1240 East Market Street, Long Beach, CA

1222 E Market St, Long Beach 1424 E Market St, Long Beach 1245 E Plymouth St, Long Beach 1322 E Market St, Long Beach 1340 E Market St, Long Beach 5360 Orange Ave, Long Beach 5350 Orange Ave, Long Beach 1502 E Market St, Long Beach 1225 E Plymouth St, Long Beach 1307 E Plymouth St, Long Beach 1233 E Plymouth St, Long Beach 1232 E Market St, Long Beach 1314 E Market St, Long Beach 1328 E Market St, Long Beach 1402 E Market St, Long Beach 1430 E Market St, Long Beach 5390 Orange Ave, Long Beach 5374 Orange Ave, Long Beach 1302 E Market St, Long Beach 1442 E Market St, Long Beach

Nearby ZIP codes for 1240 East Market Street, Long Beach, CA

90221, Los Angeles County, CA 90242, Los Angeles County, CA 90262, Los Angeles County, CA 90280, Los Angeles County, CA 90706, Los Angeles County, CA 90713, Los Angeles County, CA 90723, Los Angeles County, CA 90747, Los Angeles County, CA 90755, Los Angeles County, CA 90808, Los Angeles County, CA 90810, Los Angeles County, CA 90813, Los Angeles County, CA

Frequently asked questions

What is the year built for 1240 East Market Street, Long Beach, CA 90805?

The development at 1240 East Market Street, Long Beach, CA 90805 was built in 1944.

What is the total square footage of 1240 East Market Street, Long Beach, CA 90805?

1240 East Market Street, Long Beach, CA 90805 has a total of 1,512 square feet.

When was 1240 East Market Street, Long Beach, CA 90805 last sold and what was the sale price?

1240 East Market Street, Long Beach, CA 90805 was last sold on 10/30/2012 for $420,000.

What is the assessed value of 1240 East Market Street, Long Beach, CA 90805?

1240 East Market Street, Long Beach, CA 90805 is currently assessed at $507,436.

What are the property taxes for 1240 East Market Street, Long Beach, CA 90805?

The property taxes for 1240 East Market Street, Long Beach, CA 90805 total $6,439.

How many residential units does this building have?

This building has 3 residential unit(s).

Disclaimer

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