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2031 E Spaulding Way, Long Beach, CA 90804

$725,000
  • bed

  • bath

Multi-family for sale 12 hours

About 2031 E Spaulding Way

Property type Multi-family
Neighborhood
Year built 1923
HOA fee $0/month
Lot size 2,400 Sqft
Movoto estimate
Rental estimate
Property description
Start your Real Estate Portfolio! Some properties create value through size. Others create it through flexibility. 2031 E Spaulding Way offers something increasingly difficult to find in Long Beach: two separate residences on one property, at an incredible price! Creating the opportunity to live in one and lease the other, maintain both as income-producing units, or simply enjoy the added versatility of separate living spaces for a multi-generational family or just friends purchasing a home together. Located in the heart of Zaferia, the property includes a two-bedroom, one-bath residence with in-unit laundry and a separate one-bedroom, one-bath residence, giving each space its own sense of independence and purpose. Together, the homes offer three bedrooms and two full bathrooms, while a generous off-street parking area accommodates approximately three to four vehicles, an especially valuable feature in this part of Long Beach. The gated property also includes outdoor space and additional storage, adding functionality beyond the interiors themselves. Previous improvements over the years include upgraded electrical, exterior tesla charger, copper plumbing, roof replacement, exterior stucco, flooring, and kitchen and bathroom cabinetry. With no HOA and a location convenient to the restaurants, shops and neighborhood energy of Zaferia. Equally conveniently located near Long Beach City College, parks, public transit and major thoroughfares, this is more than a traditional duplex. It is an opportunity to own a Long Beach property with built-in flexibility, income potential, and two distinct residences working together under one address. May be delivered vacant!
Listed by
Listing Agent - Keegan Cin
Listing Agent Contact: 310-963-5595
Listing Office - Coldwell Banker Realty
Source: CRMLS mls logo
MLS#DW26194192 • last updated 20 hours ago
Movoto checked CRMLS for data 3 minutes ago
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Overview
Levels/Style One
Type Residential Income
SubType Duplex
Status Active
Lot Size (Acres) 0.0551
Lot Size (SqFt) 2400
Year Built 1923
Condition Turnkey
Interior
Flooring Tile
Appliances Refrigerator, Range Hood, Gas Range
Interior Features Copper Plumbing Partial, Ceiling Fan(s), Tile Counters
Accessibility Features None
Window Features Double Pane Windows
Exterior
Foundation Raised
Construction Stucco
Building Area Square Feet, 852
Parking Concrete, Gated, Controlled Entrance, Driveway, Oversized
# Uncovered Spaces 4
# Parking Spaces 4
Other Structures Storage
Lot Description Sprinklers None, Paved, Rectangular Lot, Level, Near Public Transit, 2-5 Units/Acre
Amenities / Utilities
Fireplaces None
Sewer/ Septic Public Sewer
Water Source Public
Electric Standard
Inclusions All Built In Appliances
Spa None
Pool None
Location
View City Lights, Neighborhood
County Los Angeles
Community Features Urban
Subdivision Zaferia, Other (OTHR)
Neighborhood Zaferia
Directions East Of Cherry; North Of Anaheim
APN 7261018008
Multifamily Details
Tenant Pays Electricity
Vacancy Allowance Rate 3
Vacancy Allowance 1224
Expense: Trash 360
Operating Expense 6102
Expense: Insurance 2102
Total Expenses 6102
Expense: Water/ Sewer 840
Gross Operating Income 40800
Gross Scheduled Income 40800
Lot/ Land Details
Road Frontage City Street
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Source: GreatSchools.org © 2026. All rights reserved.

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  • 2031 E Spaulding Way

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The real estate listing data marked with this icon comes from the IDX program of the CRMLS Multiple Listing Service™ system.
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