1912 E 2nd Street

Long Beach, CA 90802

  • 0 Bed(s)
  • 0 Bath(s)
  • 9,662 Sqft
  • 8274
    Sqft(Lot)
$4,745,000

Description

Priced to sell at an attractive 11.27 grm and a 5.72% cap rate in a prime location, this opportunity delivers immediate cash flow with a remarkable 26% noi upside through a straightforward renovation plan.



we are pleased to present 1912 e. 2nd street, a well maintained 19-unit apartment building in the heart of long beach, california. situated just steps from bixby park and the pacific ocean, the property resides in the thriving alamitos beach neighborhood, promising tenants a desirable coastal lifestyle.



this location ensures effortless access to trendy dining, boutique shopping, and lively entertainment options along broadway, retro row, and the booming downtown long beach—driving strong tenant demand and rental growth potential.

built in 1923, 1912 e. 2nd street showcases a charming two-story design with 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 units. the securely gated property offers an inviting inner courtyard and a rare two-car garage—a coveted feature that could command premium rental income. with rubs (ratio utility billing system) already implemented, operating costs are minimized, boosting your bottom line from day one.



take it further with the potential of a garage-adu conversion, unlocking even greater returns. combining a prime location with strong fundamentals, this is a rare chance for a savvy investor to enhance value, maximize rents, and secure significant long-term appreciation in one of southern california’s most dynamic markets.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    49325046

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Fireplace: None

    Fireplace

    • Fireplace Features: None
    • Has Fireplace: 0

  • Building Information

    • Year Built: 1923
    • Building Area Total: 9,662
    • Construction: Stucco

    Security Features

    • Gated Community

    Pool Features

    • None

    Laundry Features

    • Common Area

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.1899
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 8274

  • Listing Price Information

    • Original List Price: 4,745,000
    • Listing Contract Date: 2025-04-10

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 7265020010

  • Garage and Parking

    • Garage Description: Garage Faces Rear

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: Electricity,See Remarks

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 4 - Downtown Area, Alamitos Beach
    • Postal Code Plus 4: 3908
    • Directions: Off 2nd Between Broadway and Ocean next to Bixby Park
    • Zoning: LBR4R
    • Source Property Type: Residential Income
    • Area: 4 - Downtown Area, Alamitos Beach
    • Property SubType: Apartment

    Building and Construction

    • Property Age: 102
    • Common Walls: 2+ Common Walls
    • Structure Type: Apartment
    • Year Built Source: Assessor
    • Entry Level: 1
    • Entry Location: 2nd Street
    • Property Attached: Yes
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BuyOwner last updated this listing 04/18/2025 @ 03:37

  • MLS: PW25079041
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is for sale, it has 9,662 sqft, 8,274 sized lot, and 2 parking. are nearby neighborhoods.