Long Beach, CA 90803 3650 E 2nd Street

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Presented By: Juan Huizar with Sage Real Estate; 562-307-0838
  • MLS# PW24062996
  • 04/02/2024
  • Request Tour
  • Request Info
  • BedBeds • 12
  • BathBaths • 12
  • FootageSQFT • 7,581
  • GarageGarage • 4

Home Details

Introducing "The Euclid," an exceptional garden-style building boasting 12 generously-sized one-bedroom units. This charming row-style building features 8 units on the first floor and 4 units on the second floor, offering a diverse layout to cater to various tenant preferences. Convenience meets functionality with storage facilities conveniently situated adjacent to the laundry room, ensuring tenants have ample space to organize their belongings. Adding to the appeal, four garages line the alley, providing secure parking for residents. Nestled in the coveted rental district of Belmont Heights, tenants relish the opportunity to indulge in the quintessential beach lifestyle. With a remarkable walkability score of 89, residents are mere moments away from the pristine shoreline, acclaimed eateries along 2nd Street, and the vibrant atmosphere of Broadway. Priced attractively at $275K per door, "The Euclid" presents an enticing investment opportunity. Additionally, the adjacent property at 3656 E. 2nd is also available for sale, offering prospective buyers the chance to expand their investment portfolio seamlessly. Don't miss the chance to own this gem in Belmont Heights—schedule a viewing of "The Euclid" today and secure your foothold in this thriving coastal community.
Presented By: Juan Huizar with Sage Real Estate; 562-307-0838

Interior Features for 3650 E 2nd Street

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsNoCommonWalls
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesCommonArea
Street SuffixStreet
Total Stories2

Other Rooms

Entry Level1

General for 3650 E 2nd Street

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate3.92
Carport Y/NNo
CityLong Beach
Community FeaturesSidewalks
CountyLos Angeles
Days on Market7
DirectionsEuclid and 2nd Street
Electric Expense840.0
Entry Location1
Fuel Expense3946.0
Garage Spaces4.0
Garage Y/NYes
Gross Income222175.0
HOA / Comm AssnNo
Home Warranty Y/NNo
Insurance Expense12501.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, CashtoNewLoan
Lot Size Square Feet8259.0
MLS Area2 - Belmont Heights, Alamitos Heights
MobileHomeRemainsYNNo
Net Operating Income129240.0
New ConstructionNo
Number of Units Leased12
Operating Expense86270.0
Pool FeaturesNone
Private PoolNo
Property Attached Y/NNo
Property Sub Type AdditionalApartment
Property SubTypeApartment
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActiveUnderContract
StatusActiveUnderContract
Street Name2nd
Subdivision NameBelmont Heights (BH)
Tax Lot7
Taxes$41,250
Tenant PaysElectricity
Total Actual Rent18375.0
Total Units12
Trash Expense2932.0
View Y/NNo
Walk Score89
Water Sewer Expense3946.0
Waterfront Y/NNo
Year Built1921
Year Built SourceAssessor
ZoningLBR4R

Exterior for 3650 E 2nd Street

Building Area Total7581.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesItem01UnitAcre
Lot Size Acres0.1896
Lot Size Area8259.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings1
Number of Separate Electric Meters12
Number of Separate Gas Meters1
Number of Separate Water Meters1
Open Parking Y/NNo
SpaNo
Total Parking4.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $3,300,000
MLS#PW24062996
List Date 04/02/2024
Property Type Multi-Family
Phone 714.964.3311
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