2740 Easy Avenue, Long Beach, CA 90810
- $760,000
- Sold Price
- $760,000
- List Price
- $765,000
- Closing Date
- Nov 12, 2025
- Status
- CLOSED
- MLS#
- OC25214482
- Year Built
- 1941
- Lot Size
- 4,971
- Acres
- 0.11
- Lot Location
- 0-1 Unit/Acre
- Days on Market
- 19
- Property Type
- Multifamily
- Property Sub Type
- Duplex
- Stories
- One Level
- Neighborhood
- Westside/North Of Willow (Wnw)
Property Description
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.
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Additional Information
- Taxes
- $7,860
- Appliances
- Refrigerator, Range Hood, Dryer, Washer
- Pool Description
- None
- Fireplace Description
- Living Room
- Heat
- Wall Furnace
- Cooling
- Yes
- Cooling Description
- Ductless
- View
- Neighborhood
- Exterior Construction
- Stucco
- Roof
- Composition, Shingle
- Garage Spaces Total
- 2
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- Ceiling Fan(s), Tile Counters, All Bedrooms Down, Bedroom on Main Level, Main Level Primary
- Attached Structure
- Detached
- Number Of Units Total
- 2
- Gross Scheduled Income
- $43,320
- Operating Expense
- 12237
- Garage Spaces
- 2
- Levels
- One
- Parking Spaces
- 5
Listing courtesy of Listing Agent: Sam Barker (sam@pinpointproperties.com) from Listing Office: Pinpoint Properties.
Listing sold by Peter McKernan from PPF Realty
Mortgage Calculator
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