3312 E 2nd Street Long Beach, CA ^$ 2,650,000

3312 E 2nd Street

^$ 2,650,000

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3312 E 2nd Street

Long Beach, CA, 90803

^$ 2,650,000

Bedrooms12 Baths12.0 Sq 4,920

Monthly Estimate*

^$ 18,511

Listed by Realty Executives All Cities

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Multi-Family Home for sale in Long Beach, CA

for $2,650,000 with 12 bedrooms and 12 full baths. This 4,920 square foot home was built in 1923 on a lot size of 0.1895.

Location, Location, Location, 12 Units in one of Long Beach’s most sought-after neighborhoods. This lovely single-story multi-unit apartment consists of 12 single units, All units are well maintained and some of them have been updated with new flooring, newer kitchen cabinets, and updated bathrooms, Property is located only a short distance from the water and close to coffee shops, restaurants, entertainment, public transportation, Enjoy world-class coastal living at its finest in this beautiful area that will yield investors a nice appreciation play for the future, This property will attract high-quality tenants and generate strong returns for years to come do not this opportunity to own a piece of one of the best areas of Long Beach.

Multi-Family Active

Price

^$ 2,650,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

MixedUse

Lot Size

0.1895

Year Built

1923

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

RS24052598

Days on Market

Features

General

Sewer PublicSewer

Heating WallFurnace

Cooling None

Roof Composition

Zoning LBR2L

HOA 0.0

Garage Spaces 0.0

Pool Features None

Year Built 1923

Stories 1

Levels One

Property SubType MixedUse

Gross Income 181800.0

Community Features Sidewalks

County Los Angeles

Net Operating Income 118170.0

Operating Expense 63630.0

Insurance Expense 5000.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Subdivision Name Bluff Park (BLF)

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions West of Redondo Ave and North of Ocean Blvd

City Long Beach

Entry Location Street

View Y/N N

Senior Community Y/N N

Total Units 12

MLS Area 2 - Belmont Heights Alamitos Heights

Lot Size Square Feet 8255.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Number of Units Leased 12

Street Name 2nd

Listing Terms Submit

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Trash Expense 4000.0

Water Sewer Expense 12000.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Virtual Tour https://www.youtube.com/watch?v=ArAEsvrhOlo

Days on Market 20

Building Area Units SquareFeet

Standard Status Active

Year Built Source Assessor

Tax Lot 2

Total Actual Rent 15150.0

Property Sub Type Additional MixedUse

Exterior

Lot Features Item01UnitAcre

Water Source Public

Total Parking 0.0

Lot Size Area 8255.0

Number of Buildings 2

Spa N

Building Area Total 4920.0

Lot Size Acres 0.1895

Lot Size Units SquareFeet

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 12

Number of Separate Electric Meters 12

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Fireplace Features None

Total Stories 1

Common Walls NoCommonWalls

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N Y

Fireplace Y/N N

Street Suffix Street

Laundry Features None

Entry Level 1

Electric On Property Y/N N

Internal Only

Street Number 1 3312

* Excluded Features

List By

Realty Executives All Cities

Broker

(562) 925-1111

Phone

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$18,511

Per Month

Monthly Principal & Interest: $18,511
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Long Beach, CA

Average List Price ^$2,090,646

Percent of Sale Price 21%

About Long Beach, CA

470,090 Population

2% Since 2002

^$57,916 Median Income

35.78 Median Age

30% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/19/2024	$2,650,000		Listed Price

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3312 E 2nd Street, Long Beach, CA, 90803 is a Multi-Family Home for sale at $2,650,000 with 4,920 sqft and a lot size of 0.1895. 3312 E 2nd Street has 12 bedrooms, 12.0 baths, and was built in 1923. The property's zip code is 90803 which is in Long Beach, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/14/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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3312 E 2nd Street

Multi-Family Home for sale in Long Beach, CA

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