2031 E Spaulding Way, Long Beach, CA 90804

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List Price
$725,000
Status
ACTIVE
MLS#
DW26194192
Year Built
1923
Lot Size
2,400
Acres
0.06
Lot Location
2-5 Units/Acre, Level, Near Public Transit, Paved, Rectangular Lot, Sprinklers None
Days on Market
13
Property Type
Multifamily
Style
Bungalow, Traditional
Property Sub Type
Duplex
Stories
One Level
Neighborhood
Zaferia

Property Description

Start your Real Estate Portfolio! Some properties create value through size. Others create it through flexibility. 2031 E Spaulding Way offers something increasingly difficult to find in Long Beach: two separate residences on one property, at an incredible price! Creating the opportunity to live in one and lease the other, maintain both as income-producing units, or simply enjoy the added versatility of separate living spaces for a multi-generational family or just friends purchasing a home together. Located in the heart of Zaferia, the property includes a two-bedroom, one-bath residence with in-unit laundry and a separate one-bedroom, one-bath residence, giving each space its own sense of independence and purpose. Together, the homes offer three bedrooms and two full bathrooms, while a generous off-street parking area accommodates approximately three to four vehicles, an especially valuable feature in this part of Long Beach. The gated property also includes outdoor space and additional storage, adding functionality beyond the interiors themselves. Previous improvements over the years include upgraded electrical, exterior tesla charger, copper plumbing, roof replacement, exterior stucco, flooring, and kitchen and bathroom cabinetry. With no HOA and a location convenient to the restaurants, shops and neighborhood energy of Zaferia. Equally conveniently located near Long Beach City College, parks, public transit and major thoroughfares, this is more than a traditional duplex. It is an opportunity to own a Long Beach property with built-in flexibility, income potential, and two distinct residences working together under one address. May be delivered vacant!

Additional Information

Other Buildings
Storage
Appliances
Gas Range, Refrigerator, Range Hood, Dryer, Washer
Pool Description
None
Heat
Wall Furnace
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
View
City Lights, Neighborhood
Exterior Construction
Stucco
Roof
Composition, Shingle
Sewer
Public Sewer
Water
Public
Interior Features
Ceiling Fan(s), Tile Counters, Bedroom on Main Level
Attached Structure
Attached
Number Of Units Total
2
Gross Scheduled Income
$40,800
Operating Expense
6102

Listing courtesy of Listing Agent: Keegan Cin (keegan@cincoastrealty.com) from Listing Office: Coldwell Banker Realty.

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.