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3819 E 2nd St, Long Beach, CA 90803
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3819 E 2nd St Long Beach, CA 90803

$4,715,000 Sold Price as of 02/16/2024
  • 21 Beds
  • 0 Baths
  • 14,193 Sq.Ft.
Sold
$4,715,000 Sold Price as of 02/16/2024 Refinance Your Mortgage
Map preview of 3819 E 2nd St, Long Beach, CA 90803

Property Overview: 3819 E 2nd St Long Beach, CA has 21 bedrooms, -- bathrooms, 14,193 living square feet and 7,476 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: For sale, for the first time since originally built in 1969, La Orleans, located at 3819 E. 2nd St. This 4-story multi family property in Long Beach, features 12 extremely large apartments, with a healthy unit mix of one, two, and three bedroom units. This turnkey property boasts a prime location within the well sought after neighborhood of Belmont Heights, walking distance to the beach and all of the boutiques, restaurants and amenities of 2nd St. The building recently underwent major renovations to the exterior of the property and to each of the twelve units, which are all now updated. The property’s oversized units lend themselves well to a potential condo conversion as well. It is elevators served with two stairwells and features covered parking for each of the units. The property owner can also collect extra income from the on-site laundry facility on the ground floor. The spacious floor plans offer ample living space, while the stylish finishes and ocean and mountain views create an atmosphere of luxury and comfort. Residents will appreciate the remodeled units, private balconies, new flooring, and well-appointed bathrooms, all of which contribute to the overall aesthetic and livability of the property. Overall, 3819 E. 2nd St. represents an excellent opportunity for investors who want to acquire a well-maintained, updated multifamily property in one of Long Beach’s most desirable neighborhoods. With its prime location, modern upgrades, and excellent rental history, the property is sure to attract high-quality tenants and generate strong returns for years to come. Do not miss out on this rare opportunity to own a piece of Long Beach real estate that truly has it all.

Listed by William Hugron | BRE #00803524 | Ashwill Associates
Co-listed by Justin Hugron | BRE #02069980 | Ashwill Associates
Last checked: 14 minutes ago | Last updated: February 16th, 2024 | Source CRMLS | DOM: 253

Home details

Lot Sq. Ft
7,476
HOA Dues
$0/mo
Year built
1969
Garage
2 Car
Property Type:
Apartment
Status
Sold
MLS#
PW23084453
City
Long Beach
County
Los Angeles
Time on Site
348 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 12
  • Total # of Buildings: 1
  • # of Leased Units: 0
  • # of Electric Meters: 13
  • # of Gas Meters: 0
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 0
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,800
  • Total Rent: $3,800
  • Pro Forma/Market Rent: $3,800
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 0
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,400
  • Total Rent: $2,400
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 3
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 0
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,800
  • Total Rent: $2,800
  • Pro Forma/Market Rent: $2,800
Unit Breakdown 4
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 0
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,300
  • Total Rent: $3,300
  • Pro Forma/Market Rent: $3,300
Unit Breakdown 5
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 0
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,300
  • Total Rent: $3,300
  • Pro Forma/Market Rent: $3,300
Unit Breakdown 6
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 0
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,300
  • Total Rent: $3,300
  • Pro Forma/Market Rent: $3,300
Unit Breakdown 7
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 0
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,400
  • Total Rent: $3,400
  • Pro Forma/Market Rent: $3,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $449,040
  • Net Operating Income: $311,243
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $137,796
  • Electric: $8,400
  • Gas/Fuel: $0
  • Licenses: $49
  • New Taxes: $60,000
  • Trash: $4,800
  • Gardener: $1,200
  • Insurance: $18,000
  • Maintenance: $341
  • Professional Management: $0
  • Water/Sewer: $7,200

Property Details for 3819 E 2nd St

Interior Features
Laundry Information
  • Has Laundry
  • Common Area, Individual Room, See Remarks, Stackable
Fireplace Information
  • No Fireplace
  • None
Interior Features
  • 2 Staircases
  • Security Features: Closed Circuit Camera(s), Security Lights, Security System, Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Flat
  • Has Fence
  • Chain Link
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 14
  • Has Parking
  • Parking Features: Carport, Attached Carport, Garage - Single Door
Lot Information
  • Lot Features: 11-15 Units/Acre
  • Lot Size Source: Public Records
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 12
  • Parcel Number: 7256008023
  • Year Built Source: Public Records
  • Entry Level: 1
  • Property is 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: Belmont Heights (BH)
  • Directions: On 2nd St. between Grand Ave. and Mira Mar Ave.
Neighborhood Information
  • Community Features: Biking, Curbs, Dog Park, Fishing, Golf, Gutters, Watersports, Sidewalks, Storm Drains, Street Lights, Urban
View more facts & features

Local Long Beach Agent

Sale History for 3819 E 2nd St

Last sold for $4,715,000 on February 16th, 2024

  • February, 2024

  • Feb 16, 2024

    Date

    Sold

    CRMLS: PW23084453

    $4,715,000

    Price

  • May 16, 2023

    Date

    Active

    CRMLS: PW23084453

    $7,500,000

    Price

  • June, 2023

  • Jun 19, 2023

    Date

    Canceled

    CRMLS: PW23075678

    $7,000,000

    Price

  • May 3, 2023

    Date

    Active

    CRMLS: PW23075678

    $7,500,000

    Price

  • Listing provided courtesy of CRMLS

    Ashwill Associates is pleased to present, for sale, for the first time since originally built in 1969, La Orleans, located at 3819 E. 2nd St. This 4-story multi family property in Long Beach, features 12 extremely large apartments, with a healthy unit mix of one, two, and three bedroom units. This turnkey property boasts a prime location within the well sought after neighborhood of Belmont Heights, walking distance to the beach and all of the boutiques, restaurants and amenities of 2nd St. The building recently underwent major renovations to the exterior of the property and to each of the twelve units, which are all now updated. An investor should have no issues with getting tenants out or bringing each of the units up to market rents, as the property will be delivered without tenants and the new Landlord can put their own tenants in at top of the market rents. The property’s oversized units lend themselves well to a potential condo conversion as well. It is elevators served with two stairwells and features covered parking for each of the units. The property owner can also collect extra income from the on-site laundry facility on the ground floor. The spacious floor plans offer ample living space, while the stylish finishes and ocean and mountain views create an atmosphere of luxury and comfort. Residents will appreciate the remodeled units, private balconies, new flooring, and well-appointed bathrooms, all of which contribute to the overall aesthetic and livability of the property. Overall, 3819 E. 2nd St. represents an excellent opportunity for investors who want to acquire a well-maintained, updated multifamily property in one of Long Beach’s most desirable neighborhoods. With its prime location, modern upgrades, and excellent rental history, the property is sure to attract high-quality tenants and generate strong returns for years to come. Do not miss out on this rare opportunity to own a piece of Long Beach real estate that truly has it all.

  • June, 2021

  • Jun 28, 2021

    Date

    Leased

    CRMLS: OC21087916

    $2,400

    Price

  • Jun 25, 2021

    Date

    Pending

    CRMLS: OC21087916

    $2,400

    Price

  • Jun 10, 2021

    Date

    Price Change

    CRMLS: OC21087916

    $2,400

    Price

  • May 26, 2021

    Date

    Active

    CRMLS: OC21087916

    $2,350

    Price

  • May 22, 2021

    Date

    Hold

    CRMLS: OC21087916

    $2,350

    Price

  • Apr 27, 2021

    Date

    Active

    CRMLS: OC21087916

    $2,350

    Price

  • Listing provided courtesy of CRMLS

    2 Bedroom 1.75 Bath apartment located in the coveted Belmont Heights area of Long Beach. From this property you can walk to the beach and to all of the shopping, dining and entertainment that 2nd Street in Belmont Shores has to offer! Come and live the lifestyle! This unit has a brand new electric stove, tile counters & flooring, ceiling fan and a balcony. Water and trash included! One assigned parking spot, but street parking is also available.

  • April, 2021

  • Apr 14, 2021

    Date

    Leased

    CRMLS: OC20211209

    $2,250

    Price

  • Apr 11, 2021

    Date

    Pending

    CRMLS: OC20211209

    $2,250

    Price

  • Apr 4, 2021

    Date

    Price Change

    CRMLS: OC20211209

    $2,250

    Price

  • Feb 14, 2021

    Date

    Active

    CRMLS: OC20211209

    $2,300

    Price

  • Feb 12, 2021

    Date

    Hold

    CRMLS: OC20211209

    $2,300

    Price

  • Dec 8, 2020

    Date

    Price Change

    CRMLS: OC20211209

    $2,300

    Price

  • Oct 30, 2020

    Date

    Price Change

    CRMLS: OC20211209

    $2,350

    Price

  • Oct 7, 2020

    Date

    Active

    CRMLS: OC20211209

    $2,500

    Price

  • Listing provided courtesy of CRMLS

    2 Bedroom 1.75 Bath apartment located in the coveted Belmont Heights area of Long Beach. From this property you can walk to the beach and to all of the shopping, dining and entertainment that 2nd Street in Belmont Shores has to offer! Come and live the lifestyle! This unit has a brand new electric stove, tile counters & flooring, ceiling fan and a balcony. Water and trash included! One assigned parking spot, but street parking is also available.

  • February, 2014

  • Feb 24, 2014

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • February, 2014

  • Feb 24, 2014

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 3819 E 2nd St

Assessed Value (2020): $634,259
Year Land Value Improved Value Assessed Value
2020 $104,890 $529,369 $634,259

Home Value Compared to the Market

This property vs the competition

3819 E 2nd St sold on February 16, 2024 for 712.5% higher than the current median sold price for the city of Long Beach which is $800,000. The median sold price per/sqft for Long Beach is $632 and this home is sold at $457.97 per/sqft which puts the price per square foot 27.54% lower than the current median sale per square foot for the city of Long Beach.

About 3819 E 2nd St

Detailed summary of property

3819 E 2nd St is a apartment that recently sold in Long Beach, CA 90803. This apartment offered 21 bedrooms, -- bathrooms, roughly 14,193 living square feet, and sits on an approximately 7,476 square foot lot. 3819 E 2nd St was first listed on ArdentRealEstateGroup.com on June 5, 2023. The homeowner sold the property for $4,715,000. Home in Long Beach are selling for a median price of $800,000 and a median price per square foot of $632. Based on Ardent Real Estate Group's Long Beach Market Data, this home is sold 712.5% higher than the current median priced home. Local homes that are currently for sale include 111 39th St, 4015 Marcus Ave and 4015 Marcus Ave. While the average home in Long Beach, CA is selling in 51 days, 3819 E 2nd St has a days on market of 253 days. There are currently 639 homes for sale in the Long Beach real estate market and 366 of them are single family homes while 259 of them are condos and 14 are townhomes. For more information on this home for sale at 3819 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 3819 E 2nd St

Public county record property details
Beds
--
Baths
--
Year built
1969
Sq. Ft.
14,193
Lot Size
7,475
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
23
APN
7256-008-023

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
$1,589,000
Median List Price/Sq.Ft.
$858
Median Sold Price
$1,600,000
Median Sold Price/Sq.Ft.
$672
Total Inventory
114
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%)

Thinking of Selling?

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Thinking of Selling?
Call, Text or Message
(714) 706-1823

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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.

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