$ 760,000 $ 765,000 0.7%

2740 Easy AVE

Long Beach, CA 90810

  • 4,970 Lot Size
  • 1941 Year Built
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.
Listed by Sam Barker of Pinpoint Properties , Sold By Peter McKernan of PPF Realty

PROPERTY DETAIL

  • Key Details

    Sold Price $760,0000.7%

    Property Type Multi-Family

    Sub Type Duplex

    Listing Status Sold

    Purchase Type For Sale

    Subdivision Westside/North Of Willow (Wnw)

    MLS Listing ID OC25214482

    Sold Date 11/12/25

    Construction Status Building Permit

    HOA Y/N No

    Year Built 1941

    Annual Tax Amount $7,860

    Tax Year 2024

    Lot Size 4,970 Sqft

    Property Sub-Type Duplex

  • Location

    State CA

    County Los Angeles

    Area 11 - Westside

    Zoning LBR1N

  • Building

    Lot Description 0-1 Unit/Acre

    Story 1

    Entry Level One

    Sewer Public Sewer

    Water Public

    Level or Stories One

    New Construction No

    Construction Status Building Permit

  • Interior

    Interior Features Ceiling Fan(s), Tile Counters, All Bedrooms Down, Bedroom on Main Level, Main Level Primary

    Heating Wall Furnace

    Cooling Ductless

    Flooring Wood

    Fireplaces Type Living Room

    Fireplace Yes

    Appliance Refrigerator, Range Hood, Dryer, Washer

    Laundry In Garage

  • Exterior

    Parking Features Driveway, Garage

    Garage Spaces 2.0

    Garage Description 2.0

    Fence Wood

    Pool None

    Community Features Curbs, Sidewalks

    Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

    View Y/N Yes

    View Neighborhood

    Roof Type Composition,Shingle

    Total Parking Spaces 5

    Private Pool No

  • Others

    Senior Community No

    Tax ID 7313025009

    Acceptable Financing Cash, Cash to New Loan, Conventional, FHA

    Listing Terms Cash, Cash to New Loan, Conventional, FHA

    Financing Conventional

    Special Listing Condition Standard

    Lease Land No

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