Keegan Cin | Realtor® | License # DRE 01971604

Property

Long Beach, CA 90802 958 E 2nd Street

958 E 2nd Street Long Beach, CA - Image 1958 E 2nd Street Long Beach, CA - Image 2958 E 2nd Street Long Beach, CA - Image 3
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Presented By: Craig Miller with Wilshire Advisory Group, Inc;
  • MLS# 25513849
  • 03/20/2025
  • Request Tour
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  • Beds • 4
  • Baths • 4
  • SQFT • 3,296
  • Year Built • 1922

Home Details

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.
Presented By: Craig Miller with Wilshire Advisory Group, Inc;

Interior Features for 958 E 2nd Street

Bedrooms

Total Bedrooms4

Bathrooms

Half Baths0
Total Baths4
1/4 Baths
3/4 Baths

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NYes
Total Stories2

General for 958 E 2nd Street

Additional Parcels Y/NNo
AppliancesDishwasher, Disposal, Washer
Attached Garage No
Carport Y/NNo
CityLong Beach
CoolingWallWindowUnits
CountyLos Angeles
DirectionsNorth of Ocean Blvd, South of 4th Street, West of Cherry Ave, East of Alamitos Ave
Electric On Property Y/NNo
Entry LocationGround Level w/steps
Facing DirectionNorth
Full Baths
Garage Y/NNo
Gross Income94128.0
HOANo
HeatingWallFurnace
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet2581.0
Lot Size UnitsSquareFeet
MLS Area4 - Downtown Area, Alamitos Beach
MobileHomeRemainsYNNo
Net Operating Income56954.0
New ConstructionNo
Number Of Units Total4
Occupancy TypeTenant
PossessionCloseOfEscrow
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NNo
Security FeaturesCarbonMonoxideDetectors, SmokeDetectors
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Tenant PaysElectricity, Gas
Waterfront FeaturesOceanFront
Waterfront Y/NNo
Year Built1922
ZoningLBR4R

Exterior for 958 E 2nd Street

Building Area Total3296.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.0593
Lot Size Area2581.0
Lot Size SourceAssessor
Number of Buildings1
Open Parking Y/NNo
Parking FeaturesOnStreet
Private PoolNo
SpaNo
Total Parking0.0

Additional Details

Price History

Keegan Cin

Team Lead
Price $1,625,000
MLS#25513849
List Date 03/20/2025
Property Type Multi-Family
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