1131 E 2nd Long Beach, CA $ 1,625,000
1131 E 2nd
$ 1,625,000
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1131 E 2nd

Long Beach, CA, 90802
$ 1,625,000
Baths2.0 Sq 3,284

Monthly Estimate*

$ 10,260

Listed by eXp Realty of California Inc
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Studio

Multi-Family Home for sale in Long Beach, CA

for $1,625,000 with 2 full baths. This 3,284 square foot home was built in 1926 on a lot size of 0.1014.

Pride of Ownership Spanish Duplex – Two Homes in One, Fully Rebuilt from the Inside Out. Both to be delivered vacant. Rare opportunity in the heart of Long Beach’s East Village / Downtown beach community: This 3,284 sqft Duplex is comprised of two nearly identical ~1,600 sq ft residences (ground-floor + second-floor) that live and feel like two separate single-family homes. The previous owner completed a no-expense-spared full gut remodel for himself and his mother — new wiring, new electric panels, new roof, plumbing, and ducting throughout. Central A/C can be added easily to the existing central heat. Every surface was upgraded while preserving original Spanish character: arched picture windows, coved ceilings, pristine hardwood floors, custom cabinetry, recessed lighting, and a whole-house speaker system. Each unit currently offers 2 bedrooms + 2 baths plus a large formal dining room off the entry that converts easily to a third bedroom (creating two 3-bed/2-bath rentals). Layout consists of a primary suite with en-suite bath, second bedroom, hall bath, dining room (that can be your 3rd bedroom) oversized living room with built-ins, and eat-in kitchen with granite counters, island, stainless appliances, and abundant storage. The upstairs unit adds a fireplace, private balcony, and convenient third-floor laundry room (side-by-side washer/dryer + sink) with roof access — ideal for future rooftop entertaining or build-out. Separate utilities already in place: two 50-gallon water heaters, two gas meters, two water meters (second city-side service installed and ready to connect to the other unit or future ADU), and three electric meters (one dedicated to exterior lighting). Huge additional upside with ADU potential above the large 2-car garage in back. Off-street parking is a major plus: automatic security gate, long driveway for extra vehicles, 2-car garage plus additional space for motorcycles, EV 240v plug installed, toys, or workshop. Private backyard patio with exterior flood lighting and string lights for outdoor living. Live in one and rent the other, occupy both with extended family, or convert to high-demand 3-bed rentals. Just one block from the beach and a short walk to the energy of East Village, shops, restaurants, and the Downtown Long Beach waterfront. This is turn-key, like-new construction wrapped in authentic 1920s Spanish charm — ready for its next chapter as a primary residence, multi-generational compound, or strong income property.

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Multi-Family Active

Price

$ 1,625,000

Bedrooms

Studio

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1014

Year Built

1926

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

PW26188303

Days on Market

3

Features
General
Sewer Public Sewer
Heating Central
Cooling Wall/Window Unit(s)
HOA Fee 0
Garage Spaces 2
Pool Features None
Year Built 1926
Tenant Pays See Remarks
View Neighborhood
Levels Three Or More
Property Subtype Duplex
Gross Income 102000
Community Features Biking Curbs Dog Park Fishing Hiking Park Storm Drain(s) Street Lights Suburban Sidewalks
County Los Angeles
Net Operating Income 96000
Operating Expense 6000
Insurance Expense 3000
New Construction false
Property Type Residential Income
HOA false
Subdivision Name Alamitos Beach (AB)
Garage Y/N true
Special Listing Conditions Standard Trust
Status Active
Directions On 2nd Street
City Long Beach
Entry Location 1
Senior Community Y/N false
Number Of Units Total 2
MLS Area 4 - Downtown Area Alamitos Beach
Lot Size Units Square Feet
Lot Size Square Feet 4418
Listing Terms Cash to New Loan Conventional 1031 Exchange FHA VA Loan
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 500
Trash Expense 1200
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 5
Property Sub Type Additional Duplex
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Interior
Interior Amenities Balcony Multiple Staircases Main Level Primary
Fireplace Features Living Room
Total Stories 3
Common Walls 1 Common Wall
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Laundry Features Inside Laundry Room
Entry Level 1
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Exterior
Lot Features Back Yard
Water Source Public
Total Parking 2
Lot Size Area 4418
Number of Buildings 1
Building Area Total 3284
Lot Size Acres 0.1014
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 2
Number of Separate Gas Meters 2
Number of Separate Electric Meters 3
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* Excluded Features
List By
Exp Realty Of California Inc

Broker

Ryan@thehouseheroes.com

Email

Affordability Calculator

$10,260
Per Month
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Monthly Principal & Interest
$10,260
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/28/2026$1,625,000 Listed Price

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1131 E 2nd, Long Beach, CA, 90802 is a Multi-Family Home for sale at $1,625,000 with 3,284 sqft and a lot size of 0.1014. 1131 E 2nd is a studio with 2.0 baths and was built in 1926. The property's zip code is 90802 which is in Long Beach, CA