Movoto Real Estate
Sold on 08/08/2024
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3312 E 2nd St, Long Beach, CA 90803

$2,450,000

Last sold 08/08/2024 after 142 Days

  • —

    bed

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    bath

Multi-family not for sale

About 3312 E 2nd St

Property type Multi-family
Neighborhood
Year built 1923
HOA fee $0/month
Lot size 8,255 Sqft
Rental estimate
Property description
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.
Listed by
Listing Agent - Martin Gonzalez
Listing Agent Contact: 562-843-1103
Listing Office - Realty Executives All Cities
Source: CRMLS mls logo
MLS#RS24052598 • last updated 2 years ago
Movoto checked CRMLS for data 3 minutes ago
Overview
Levels/Style One
Type Residential Income
SubType Commercial/Residential
Status Closed
Lot Size (Acres) 0.1895
Lot Size (SqFt) 8255
Year Built 1923
Interior
Laundry None
Exterior
Building Area Square Feet, 4920
Roof Composition
Lot Description 0-1 Unit/Acre
Amenities / Utilities
Fireplaces None
Sewer/ Septic Public Sewer
Water Source Public
Pool None
Location
County Los Angeles
Community Features Sidewalks
Subdivision Bluff Park (BLF), Bluff Park (BLF)
Zoning LBR2L
Directions West Of Redondo Ave And North Of Ocean Blvd
APN 7264011005
Multifamily Details
Expense: Trash 4000
Operating Expense 63630
Expense: Insurance 5000
Total Expenses 29000
Expense: Water/ Sewer 12000
Gross Income 181800
Gross Operating Income 181800
Gross Scheduled Income 181800
Lot/ Land Details
Average Studio Area 410
Rental est.: $1,668/month
Gross rent multiplier: 122.4
  • Aug 2024
    mls logo MLS # RS24052598
  • Aug 12, 2024 Sold
    $2,450,000
  • May 22, 2024 Pending
    —
  • Mar 19, 2024 Listed
    $2,650,000 (+112.0%)
  • Aug 2024
    Public Records
  • Aug 8, 2024 Sold
    $2,450,000 (-7.5%)
  • Feb 2005
    Public Records
  • Feb 14, 2005 Sold
    $1,250,000
  • Year Property taxes Tax assessment
  • 2024
    $25,673 +1.8%
    $1,904,797
  • 2023
    $25,221 +6.5%
    $1,904,797 +4.04%
  • 2022
    $23,686 +2.1%
    $1,830,889 +2.0%
  • 2021
    $23,192 +0.3%
    $1,795,018
  • 2020
    $23,134
    $1,795,018
  • 3312 E 2nd St
    $2.45M
  • Bluff Park
    $939K +22% y/y
  • 90803
    $1.09M -15% y/y
  • Long Beach
    $699K 0% y/y
No chart available
Statistics calculated by Movoto

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6/10
6/10
Source: GreatSchools.org © 2026. All rights reserved.

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