$2,885,000
3409 E 2nd Street, Long Beach CA 90803
Multi-Family (Fourplex)
Property type
46 days
On market
$685
Price per sqft
4 cars
Garage
1924
Year built
4,343 sqft
Lot size
Home highlights
Open Houses
Overview
Historic 4-Unit Spanish-Style Income Property in Coveted Bluff Park Well-maintained and thoughtfully preserved, this highly desirable fourplex showcases pride of ownership and timeless Spanish architecture in one of Long Beach’s most sought-after coastal neighborhoods. Ideally located on a wide, tree-lined street directly across from Trolley Park and just two blocks from the...
Listing provided by: Loree Scarborough DRE #01257913 562-494-4600, Compass
Listing updated: Jun 5, 2026 at 01:59am.
Last checked: Jun 5, 2026 at 02:30am
Source: CRMLS #PW26081664
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 1 | 1 | 1 | $2,450 | $2,450 | $2,850 | Unfurnished |
| 1 | 1 | 1 | 1 | $2,495 | $2,495 | $3,000 | Unfurnished |
| 1 | 1 | 1 | 1 | $2,050 | $2,050 | $2,450 | Unfurnished |
| 1 | 4 | 3 | 1 | $0 | $0 | $4,500 | Unfurnished |
# of Buildings: 2
# of Units Total: 4
Separate Electric Meters: 5
Separate Gas Meters: 5
Separate Water Meters: 1
Carpet: 4
Ranges: 4
Rent Control: Yes
Total Actual Rent: $6,995
Tenant Pays: Electricity, Gas
Financial Snapshot
Gross Rent Multiplier
20.8x
List Price / Annual Gross Rent
Cap Rate
4.41%
NOI / List Price
Gross Scheduled Income: $138,720
Operating Expense: $11,545
Net Operating Income: $127,175
Annual Operating Expenses
Electric: $650
Gardener: $720
Fuel: $0
Insurance: $6,457
Maintenance: $1,400
Trash: $650
Water / Sewer: $1,650
Interior
Interior Features: Built In Features, Balcony, Crown Molding, Granite Counters, Recessed Lighting, Storage, Tile Counters, Unfurnished
Room Type: Kitchen, Laundry, Living Room
Flooring: Carpet, Wood
Cooling: Central Air, Wall Window Units
Heating: Central, Wall Furnace
Appliances: Built In Range, Barbecue
Fireplace: Gas, Kitchen, Living Room, Primary Bedroom, Outside
Laundry: Common Area, Laundry Room
Entry Location: 1
Exterior
Architectural Style: Spanish
Property Attached: No
Stories Total: 2
Levels: Two
Roof: Spanish Tile
Window Features: Casement Windows, Custom Coverings, Screens, Wood Frames
Construction Materials: Stucco
Property Condition: Updated Remodeled
Exterior: Awnings
Common Walls: No Common Walls
Lot Features: Zero To One Unit Acre, Back Yard, Garden, Landscaped, Near Park, Near Public Transit, Walkstreet
Pool: None
Spa: None
Water Source: Public
Sewer: Sewer Tap Paid
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View: Neighborhood, Ocean
Road Frontage Type: City Street
Road Surface Type: Paved
Garage and Parking
Parking: Garage Faces Rear
Garage Spaces: 4
Parking Total: 4
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 7264002010
Additional Parcels: No
Tax Lot: 10
Tax Block: 2
Subdivision: Bluff Park (BLF)
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Biking, Curbs, Dog Park, Street Lights, Sidewalks, Park
Nearby Schools
Nearby schools around the 3409 E 2nd Street, Long Beach, CA 90803. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$2,308,000
Total Interest
$2,943,727
Total Payment
$5,251,727
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$17,743
per month
Property History for 3409 E 2nd Street
Long Beach Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90803.
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