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For SaleLuxury

$2,795,000

4,343 sqft$644/sqft195 days on market

3409 E 2nd Street

Long Beach, CA 90803

· 8% down, 7% APR, 30yr fixed

—

Beds

—

Baths

4,343

Square feet

1924

Built

Listing narrative

Description

NEW PRICE! Exceptional Bluff Park Spanish Fourplex —Owner-User Opportunity, Current Income & Future Upside Just Two Blocks from the Beach. Rarely does a property offer this combination of location, income, flexibility, and extensive improvements. If all four residences were rented, the property has the potential to generate approximately $1845 per month / $142,140 annually in gross income. The spacious 4-bedroom, 2.5-bath current owner’s residence is estimated at $4,500 per month ($54,000 annually), while the three 1-bedroom residences currently generate a combined $7,345 per month ($88,140 annually). For an owner-user, the opportunity is equally attractive. Occupy the expansive four-bedroom main residence while collecting nearly $7,350 per month from the three additional residences, an exceptional combination of comfortable coastal living and substantial rental income. The property has benefited from over $700,000 in improvements, including an extensive reconstruction to the owners unit, taken down to the studs while carefully preserving the property’s original Spanish architecture and character. Improvements include updated plumbing and electrical systems, countertops, garage reconstruction, seismic retrofitting, HVAC, whole-house stereo, private laundry, and a private patio with built-in seating and BBQ. The residence also includes a two-car garage. Each of the three 1-bedroom residences enjoys its own private patio, while the property is centered around a beautifully landscaped courtyard accented by fountains, creating a wonderful sense of privacy, charm, and separation between the residences. Located just two blocks from the beach in highly desirable Bluff Park, this is a rare coastal investment offering current income, owner-user flexibility, and future income potential—all while enjoying the lifestyle and character of one of Long Beach’s most sought-after neighborhoods.

Listing agent (MLS): Loree Scarborough · Listing brokerage (MLS): Compass

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$2,795,000

Beds

Beds n/a

Type

House

Home Size

4,343 sqft

Baths

Baths n/a

Lot Size

4,343 sqft

Year

1924

Neighborhood

Bluff Park

Status

For Sale

Days on Market

195

$ / Sqft

$644

· 8% down, 7% APR, 30yr fixed
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Courtesy of Compass