958 E 2nd St, Long Beach, CA 90802 - View 1
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958 E 2nd St, Long Beach, CA 90802

List Price: $1,625,000On Market FlagOn market
Mar 19, 20253,296 sqft4 beds4 baths
Listed by: Craig Miller
License #: 01006713
Phone #: 310-918-3254
Wilshire Advisory Group, Inc
Source:
CRMLS Logo
MLS #: 25513849

Property Description

Unlock the potential of this charming 4-plex property with four spacious 1-bedroom, 1-bathroom units, ideally situated just steps from the beach in beautiful Long Beach. Whether you're looking to expand your portfolio or find a lucrative rental property, this gem offers exceptional value and prime positioning.Located just a short stroll from the beach, residents will enjoy easy access to coastal living, scenic views, and the laid-back California lifestyle. The property is within walking distance to the vibrant Belmont Shore area, known for its trendy shops, cafes, and entertainment venues, as well as the renowned Retro Row, famous for its eclectic mix of vintage shops and dining spots. With its proximity to the expanding Port of Long Beach, one of the busiest and most important ports in the world, this property offers strong rental demand, ideal for both long-term tenants and vacation rentals. As Long Beach continues to develop and the Port of Long Beach expands, this area is primed for even greater appreciation in property values and rental income potential. Each of the four 1-bed, 1-bath units offers comfortable living spaces, with plenty of room to make your own mark. This property has been lovingly maintained and is ready for its next owner. This rare opportunity combines a fantastic location with solid income potential and long-term growth. Don't miss out on this perfect blend of beachside charm and investment opportunity in one of Southern California's hottest real estate markets. Full Offering Memorandum in Documents.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$5,214

TurboHome Estimated Value

$986,300

$299 sqft

High Valuation
$1,035,615
$314/sqft
Normal Valuation
$986,300
$299/sqft
Low Valuation
$936,985
$284/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$299/sqft$986,300

Neighborhood: Downtown

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Comparative Value

$1.09M

$1.63M

1352 Elm Ave, Long Beach, CA 90813

Sale Price: $1,090,000

Selected Comparable

958 E 2nd St, Long Beach, CA 90802

List Price: $1,625,000

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
958 E 2nd St, Long Beach, CA 90802

958 E 2nd St, Long Beach, CA 90802

List: $1,625,000

Listed: 3/19/2025

Area:3,296 sqft
Price/sqft:$493
Beds:4
Baths:4
Year Built:
Lot Size:2,581

Comparable Properties

COMPARABLE
Choose comps
1352 Elm Ave, Long Beach, CA 90813

1352 Elm Ave, Long Beach, CA 90813

Sale: $1,090,000

6/6/20251.13 mi

Area:2,688 sqft
Price/sqft:$406
Beds:5
Baths:4
Year Built:
Weight:100.0%

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