#PW24114256, Michael Robinson, Listing Office: Broadmoor Realty, Inc.
#PW25079041·
Listing office: Younglewin Advisors, Inc.·
Listing agent: Shane Young·
Listing office phone: 562-556-1118
$4,745,000 List price
1912 E 2nd St Long Beach, CA 90802
0.2 acres
Condo
Property details
About 1912 E 2nd St
Priced to sell at an attractive 11.27 GRM and a 5.72% cap rate in a prime location, this opportunity delivers immediate cash flow with a remarkable 26% NOI upside through a straightforward renovation plan. We are pleased to present 1912 E. 2nd Street, a well maintained 19-unit apartment building in the heart of Long Beach, California. Situated just steps from Bixby Park and the Pacific Ocean, the property resides in the thriving Alamitos Beach neighborhood, promising tenants a desirable coastal lifestyle. This location ensures effortless access to trendy dining, boutique shopping, and lively entertainment options along Broadway, Retro Row, and the booming Downtown Long Beach—driving strong tenant demand and rental growth potential. Built in 1923, 1912 E. 2nd Street showcases a charming two-story design with an eye-catching art deco facade, featuring 11 spacious studios, 6 one-bedroom/one-bath units, and 2 one-bedroom/one-and-one-half-bath units. The securely gated property offers an inviting inner courtyard and a rare two-car garage—a coveted feature that could command premium rental income. With RUBS (Ratio Utility Billing System) already implemented, operating costs are minimized, boosting your bottom line from day one. Take it further with the potential of a garage-ADU conversion, unlocking even greater returns. Combining a prime location with strong fundamentals, this is a rare chance for a savvy investor to enhance value, maximize rents, and secure significant long-term appreciation in one of Southern California’s most dynamic markets.
Highlights
Home typeCondominium
StatusActive
Lot size0.1899 Acres
Year built1923
ParkingGarage Faces Rear
MLS #PW25079041
Garage2 spaces
Summary
- MLS Number: PW25079041
- MLS Name: CRMLS
- Office Name: Younglewin Advisors, Inc.
- Office Phone: (562) 556-1118
- Listing Agent: Shane Young
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/12/2025, 2:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$4,745,000
1912 E 2nd St
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Oct 10, 2018 | Home Sold | $4,120,000 |
| May 10, 2000 | Home Sold | $590,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $4,506,999 | $59,124 |
| 2023 | $4,418,650 | $58,105 |
| 2022 | $4,332,034 | $54,524 |
| 2021 | $4,247,116 | $53,423 |
| 2020 | $4,202,400 | $52,655 |
| 2019 | $4,120,000 | $7,873 |
| 2018 | $432,242 | $7,784 |
| 2017 | $423,768 | $7,784 |
History based on county public records data.
Nearby schools
6
Burbank Elementary School
Public District KG-5
0.5 mi
•501 Junipero Ave
5
Mann Elementary School
Public District KG-5
0.9 mi
•257 Coronado Ave
5
Robert Louis Stevenson Elementary School
Public District KG-5
1.0 mi
•515 Lime Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $57,692. Residents of Long Beach, CA typically earn between $35k-100k each year. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
16%
<35k
67%
35k-100k
16%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
83%
Single, No Kids
5%
Single, with Kids
9%
Married, No Kids
3%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
5%
<11 yrs old
2%
12-17 yrs old
35%
18-34 yrs old
51%
35-64 yrs old
7%
65+ yrs old
What do the neighbors do for fun?
Major League Soccer (MLS)
Music Concerts
Tennis
Where do the neighbors shop?
Banana Republic
H&M
Crate & Barrel
Where do the neighbors go to eat?
Jack In The Box
Chipotle
Starbucks
What do the neighbors drive?
Toyota
Volkswagen
BMW
What do the neighbors listen to?
Jazz
Rhythmic Contemporary Hits
News
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1912 E 2nd St
This home is located at 1912 E 2nd St in Long Beach, CA and zip code 90802 in the The Harbor neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since April 11, 2025 and is currently priced at $4,745,000.
While more than 58 listings in Long Beach, CA in March 2025 were sold above asking price, there were more than 28 listings sold at asking price, and more than 59 were sold below. The number of homes for sale in Long Beach, CA increased by 5% between February and March 2025. Listings spent 32 days on the market in March 2025, and had a median list price of $830,250 during the same period.
From Rocket Homes Real Estate and based on county public records data.