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INVESTMENT HIGHLIGHTS
- Exceptionally spacious duplex with 8 total bedrooms and 4 bathrooms
- Updated interiors: newer laminate flooring, tile kitchens, and remodeled baths
- Separately metered gas and electric for efficiency
- Two large 4BR / 2BA units — a rare layout for multifamily in this area
- Detached garage + long driveway for ample off-street parking
- Both units tenant-occupied, month-to-month, offering future flexibility
EXECUTIVE SUMMARY
A rare chance to own an exceptionally spacious duplex in one of Southern California’s most dynamic and evolving markets. This large property features eight total bedrooms and four bathrooms across two expansive units, each offering four bedrooms and two bathrooms, making it a unique find with a layout rarely seen in multifamily properties. Both units showcase updated interiors with newer laminate flooring, tile kitchens, and remodeled bathrooms, blending modern comfort with low-maintenance living. With its sheer size, functionality, and prime location, this duplex provides impressive rental potential along with room for future upside. The property also includes a detached garage and a long driveway that provides abundant off-street parking. Gas and electric are separately metered for efficiency, and both units are tenant-occupied on month-to-month terms, giving maximum flexibility moving forward. Ideally located near dining, shopping, the beach, and freeway access, this property combines a prime Long Beach location with unmatched scale. Whether you are looking to expand your portfolio or take advantage of value-add opportunities, this unique duplex checks all the boxes.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$60,828
|
$26.40
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$60,828
|
$26.40
|
| Taxes |
-
|
-
|
| Operating Expenses |
$7,416
|
$3.22
|
| Total Expenses |
$7,416
|
$3.22
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $60,828 |
| Annual Per SF | $26.40 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $60,828 |
| Annual Per SF | $26.40 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | $7,416 |
| Annual Per SF | $3.22 |
| Total Expenses | |
|---|---|
| Annual | $7,416 |
| Annual Per SF | $3.22 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
| Price | $969,000 | Building Size | 2,304 SF |
| Price Per Unit | $484,500 | Average Occupancy | 100% |
| Sale Type | Investment | No. Stories | 2 |
| No. Units | 2 | Year Built | 1917 |
| Property Type | Multifamily | Opportunity Zone |
Yes
|
| Lot Size | 0.05 AC | ||
| Zoning | LBPD30 | ||
| Price | $969,000 |
| Price Per Unit | $484,500 |
| Sale Type | Investment |
| No. Units | 2 |
| Property Type | Multifamily |
| Lot Size | 0.05 AC |
| Building Size | 2,304 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1917 |
| Opportunity Zone |
Yes |
| Zoning | LBPD30 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 4+2 | 2 | $2,535 | 1,152 |
Walk Score®
Walker's Paradise (96)
Transit Score®
Excellent Transit (74)
Bike Score®
Very Bikeable (83)
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