2740 Easy Avenue, Long Beach, CA 90810
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
2740 Easy Avenue,Long Beach, CA 90810
$765,000
- - Beds
- - Baths
- 1,426 sq. ft.
- Multi-family
- Active
Listed by:katrina smith
Office:pinpoint properties
MLS#:OC25214482
Source:CRMLS
Price summary
- Price:$765,000
- Price per sq. ft.:$536.47
About this home
Great income opportunity in a well-situated Long Beach duplex. Front unit (2740 Easy Ave) is 946 sf with 2 bed / 1 bath; rear unit (2740A) is 480 sf with 1 bed / 1 bath. Both units were updated with remodeled kitchens and bathrooms, hardwood floors, and clean, functional layouts. The front unit faces the street; the rear unit, garage and driveway lie inside a gated portion of the lot. Detached two-car garage with laundry and a shared yard add practicality. Seller has fully approved plans to convert the garage into a third unit—an immediate value-add. Projected gross income at market is ~$4,233/mo (~$50,800/yr), with a 10% vacancy allowance. Based on estimated expenses, pro forma NOI comes in around $32,000. At a $765,000 purchase price, the property delivers approximately a 15.1 GRM, with upside through rental growth or the planned third unit. Turnkey condition, stable rental income, and development potential make this a strong play for investors seeking dependable cash flow in Long Beach.
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Home facts
- Year built:1941
- Listing ID #:OC25214482
- Added:1 day(s) ago
- Updated:September 21, 2025 at 04:38 AM
Rooms and interior
- Living area:1,426 sq. ft.
Heating and cooling
- Cooling:Ductless
- Heating:Wall Furnace
Structure and exterior
- Roof:Composition, Shingle
- Year built:1941
- Building area:1,426 sq. ft.
- Lot area:0.11 Acres
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$765,000
- Price per sq. ft.:$536.47
- Tax amount:$7,860 (2024)
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