Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1941
Sq.Footage
N/A
Great income opportunity in a well-situated Long Beach duplex. Front unit (2740 Easy Ave) is 946 sf with 2 bed / 1 bath; rear unit (2740A) is 480 sf with 1 bed / 1 bath. Both units were updated with remodeled kitchens and bathrooms, hardwood floors, and clean, functional layouts. The front unit faces the street; the rear unit, garage and driveway lie inside a gated portion of the lot. Detached two-car garage with laundry and a shared yard add practicality. Seller has fully approved plans to convert the garage into a third unit—an immediate value-add. Projected gross income at market is ~$4,233/mo (~$50,800/yr), with a 10% vacancy allowance. Based on estimated expenses, pro forma NOI comes in around $32,000. At a $765,000 purchase price, the property delivers approximately a 15.1 GRM, with upside through rental growth or the planned third unit. Turnkey condition, stable rental income, and development potential make this a strong play for investors seeking dependable cash flow in Long Beach.
Features & Amenities
Interior
-
Other Interior Features
Ceiling Fan(s), Tile Counters, Master Downstairs
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Ductless
-
Fireplace YN
YES
-
Heating YN
YES
-
Heating
Wall Furnace
-
Pet friendly
N/A
Exterior
-
Garage
Yes
-
Garage spaces
2
-
Construction Materials
Stucco
-
Parking
Driveway, Garage
-
Pool
Yes
-
Pool Features
None
-
View
Neighborhood
Area & Lot
-
Lot Size(acres)
0.1141
-
Property Type
Residential Income
-
Property Sub Type
Duplex
Price
-
Sales Price
$765,000
-
Tax Amount
7860.46
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
NO
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
1
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Tax Lot
9
-
Water Source
Public
Schedule a Showing
Showing scheduled successfully.
Mortgage calculator
Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.
Your payment
Principal and Interest:
$
Property taxes:
$
HOA fees:
$
Total loan payment:
$
Total interest amount:
$
Location
County
Los Angeles
Elementary School
Middle School
High School
Listing Courtesy of Katrina Smith , Pinpoint Properties
RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

FOUNDER
LinaMirza
Call Lina today to schedule a private showing.

* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
