1912 E 2nd Street, Long Beach, CA 90802

Local realty services provided by:Better Homes and Gardens Real Estate Clarity
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1912 E 2nd Street,Long Beach, CA 90802
$4,550,000
  • 2 Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by:shane young
Office:younglewin advisors, inc.
MLS#:PW25079041
Source:SANDICOR

Price summary

  • Price:$4,550,000

About this home

Priced to sell at an 10.81 GRM and a 6.06% Cap Rate in the most coveted pocket of Alamitos Beach! Pro forma 9.09 GRM and 7.65% Cap Rate! This opportunity delivers immediate cash flow with 26% upside in NOI. 1912 E. 2nd Street is a well maintained 19-unit apartment building steps from Bixby Park and the Pacific Ocean. This location ensures effortless access to trendy dining, boutique shopping, and lively entertainment options along Broadway, Retro Row, and the booming Downtown Long Beachdriving strong tenant demand and rental growth. The property showcases an eye-catching art deco facade, featuring 11 spacious studios, 6 one-bedroom/one-bath units, and 2 one-bedroom/one-and-one-half-bath townhome units. The securely gated property offers an inviting inner courtyard and a rare two-car garagea coveted feature that could command premium rental income, or can be converted to an ADU for additional income. With RUBS (Ratio Utility Billing System) already implemented, operating costs are

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Home facts

  • Listing Id #:PW25079041
  • Added:130 day(s) ago
  • Updated:August 19, 2025 at 01:55 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:4

Finances and disclosures

  • Price:$4,550,000
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