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$1,625,000

Est. payment - /mo

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4 Beds

4 Baths

3,296 SqFt

Active

958 E 2nd ST Long Beach, CA 90802

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The Brandon Drew Group

financing@tbdgmortgage.com +1(909) 944-8800

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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,296 sqft

Price per Sqft $493

MLS Listing ID 25513849

Bedrooms 4

HOA Y/N No

Year Built 1922

Lot Size 2,583 Sqft

Property Description

Unlock the potential of this charming 4-plex property with four spacious 1-bedroom, 1-bathroom units, ideally situated just steps from the beach in beautiful Long Beach. Whether you're looking to expand your portfolio or find a lucrative rental property, this gem offers exceptional value and prime positioning.Located just a short stroll from the beach, residents will enjoy easy access to coastal living, scenic views, and the laid-back California lifestyle. The property is within walking distance to the vibrant Belmont Shore area, known for its trendy shops, cafes, and entertainment venues, as well as the renowned Retro Row, famous for its eclectic mix of vintage shops and dining spots. With its proximity to the expanding Port of Long Beach, one of the busiest and most important ports in the world, this property offers strong rental demand, ideal for both long-term tenants and vacation rentals. As Long Beach continues to develop and the Port of Long Beach expands, this area is primed for even greater appreciation in property values and rental income potential. Each of the four 1-bed, 1-bath units offers comfortable living spaces, with plenty of room to make your own mark. This property has been lovingly maintained and is ready for its next owner. This rare opportunity combines a fantastic location with solid income potential and long-term growth. Don't miss out on this perfect blend of beachside charm and investment opportunity in one of Southern California's hottest real estate markets. Full Offering Memorandum in Documents.

Location

State CA

County Los Angeles

Area 4 - Downtown Area, Alamitos Beach

Zoning LBR4R

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Appliance Dishwasher, Disposal, Washer

Exterior

Parking Features On Street

Waterfront Description Ocean Front

Building

Faces North

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 7265001024

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Special Listing Condition Standard

Listed by Craig Miller • Wilshire Advisory Group, Inc

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