3312 E 2Nd St, Long Beach, CA 90803
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3312 E 2Nd St Long Beach, CA 90803

$2,650,000
  • 0 Beds
  • 12 Baths
  • 4,920 Sq.Ft.
For Sale
$2,650,000 Get Pre-Qualified

Map preview of 3312 E 2Nd St, Long Beach, CA 90803

Property Overview: 3312 E 2Nd St Long Beach, CA has -- bedrooms, 12 bathrooms, 4,920 living square feet and 8,255 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: 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 Martin Gonzalez | BRE #01204139 | Realty Executives All Cities
Last checked: 7 minutes ago | Last updated: April 10th, 2024 | Source CRMLS | DOM: 39
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Home details

Lot Sq. Ft
8,255
HOA Dues
$0/mo
Year built
1923
Garage
--
Property Type:
Mixed Use
Status
Active
MLS#
RS24052598
City
Long Beach
County
Los Angeles
Time on Site
47 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 12
  • Total # of Buildings: 2
  • # of Leased Units: 12
  • # of Electric Meters: 12
  • # of Gas Meters: 12
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,325
  • Total Rent: $1,325
  • Pro Forma/Market Rent: $1,600
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,350
  • Total Rent: $1,350
  • Pro Forma/Market Rent: $1,600
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,245
  • Total Rent: $1,245
  • Pro Forma/Market Rent: $1,600
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,000
  • Total Rent: $1,000
  • Pro Forma/Market Rent: $1,600
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,525
  • Total Rent: $1,525
  • Pro Forma/Market Rent: $1,600
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,350
  • Total Rent: $1,350
  • Pro Forma/Market Rent: $1,600
Unit Breakdown 7
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,100
  • Total Rent: $1,100
  • Pro Forma/Market Rent: $1,600
Unit Breakdown 8
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,275
  • Total Rent: $1,275
  • Pro Forma/Market Rent: $1,600
Unit Breakdown 9
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $885
  • Total Rent: $885
  • Pro Forma/Market Rent: $1,600
Unit Breakdown 10
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,275
  • Total Rent: $1,275
  • Pro Forma/Market Rent: $1,600
Unit Breakdown 11
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,325
  • Total Rent: $1,325
  • Pro Forma/Market Rent: $1,600
Unit Breakdown 12
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,495
  • Total Rent: $1,495
  • Pro Forma/Market Rent: $1,600
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $181,800
  • Net Operating Income: $118,170
  • Gross Operating Income: $181,800
Annual Expense Breakdown
  • Total Operating Expense: $63,630
  • Trash: $4,000
  • Insurance: $5,000
  • Professional Management: $8,000
  • Water/Sewer: $12,000

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Property Details for 3312 E 2Nd St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • No Laundry
  • None
Fireplace Information
  • No Fireplace
  • None
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • Roof: Composition
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 12
  • Parcel Number: 7264011005
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Bluff Park (BLF)
  • Directions: West of Redondo Ave and North of Ocean Blvd
Neighborhood Information
  • Community Features: Sidewalks
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Sale History for 3312 E 2Nd St

Last sold for $1,250,000 on February 14th, 2005
  • March, 2024

  • Mar 19, 2024

    Date

    Active

    CRMLS: RS24052598

    $2,650,000

    Price

  • February, 2024

  • Feb 12, 2024

    Date

    Canceled

    CRMLS: RS23115597

    $2,750,000

    Price

  • Jul 13, 2023

    Date

    Active

    CRMLS: RS23115597

    $2,995,000

    Price

  • Listing provided courtesy of CRMLS

  • February, 2005

  • Feb 14, 2005

    Date

    Sold (Public Records)

    Public Records

    $1,250,000

    Price

  • May, 2003

  • May 8, 2003

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 3312 E 2Nd St

Assessed Value (2020): $1,776,628
Year Land Value Improved Value Assessed Value
2020 $1,210,865 $565,763 $1,776,628

Home Value Compared to the Market

This property vs the competition

3312 E 2Nd St is listed 231.66% higher than the median list price for the city of Long Beach which has a median list price of $799,000. The median price per/sqft for Long Beach is $645 and this home is listed at $538.62 per/sqft which puts the price per square foot 16.49% lower than the median price per square foot for the city of Long Beach.

About 3312 E 2Nd St

Detailed summary of property

3312 E 2Nd St is a mixed use located in Long Beach, CA 90803 and is currently for sale. This mixed use property offers -- bedrooms, 12 bathrooms, roughly 4,920 living square feet, and sits on an approximately 8,255 square foot lot. 3312 E 2Nd St was first listed on ArdentRealEstateGroup.com on March 19, 2024. The homeowner is currently asking $2,650,000. The median priced home in Long Beach is $799,000 with a median price per square foot of $645. Based on Ardent Real Estate Group's Long Beach Market Data, this home is listed 231.66% higher than the median priced home. Local competing homes currently for sale include 811 Gardenia Ave, 820 Lime Ave and 1127 Olive Ave. While the average home in Long Beach, CA is selling in 53 days, 3312 E 2Nd St has a days on market of 39 days. There are currently 627 homes for sale in the Long Beach real estate market and 356 of them are single family homes while 258 of them are condos and 13 are townhomes. For more information on this home for sale at 3312 E 2Nd St Long Beach, CA 90803 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 3312 E 2Nd St

Public county record property details
Beds
12
Baths
12
Year built
1923
Sq. Ft.
4,920
Lot Size
8,254
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
2
APN
7264-011-005

The source for these homes facts are from public records.

90803 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,495,000
Median List Price/Sq.Ft.
$840
Median Sold Price
$1,600,000
Median Sold Price/Sq.Ft.
$672
Total Inventory
105
Median Sale to List Price %
100%
Avg Days on Market
57
Loan Type
Conventional (50%), FHA (0%), VA (0%), Cash (43.75%), Other (6.25%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.