CA > Long Beach > Westside-North Of Willow (Wnw)
Long Beach, CA 90810,2740 Easy AVE
Long Beach, CA 90810,2740 Easy AVE
Long Beach, CA 90810,2740 Easy AVE
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$765,000
Est. payment /mo
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4,970 Sqft Lot
Open 9/20 11AM-1PM

2740 Easy AVE Long Beach, CA 90810

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Coldwell Banker West

Coldwell Banker West

+1(619) 737-2126

Open House

Sat Sep 20, 11:00am - 1:00pm

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision Westside/North Of Willow (Wnw)

MLS Listing ID OC25214482

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

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.

Location

State CA

County Los Angeles

Area 11 - Westside

Zoning LBR1N

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

Inclusions Washer, Dryer, Refrigerator, Stove

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

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

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

Special Listing Condition Standard

CRMLS – RECore
Listed by Katrina Smith Pinpoint Properties 949-209-9004

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Coldwell Banker West

Coldwell Banker West

Broker | License ID: 00889834

+1(619) 737-2126

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