4
Baths
3,296 Sq. Ft.
$484 / Sq. Ft.
3,296
Sq. Ft.
$484
per Sq. Ft.

Description

Unlock the potential of this charming 4-plex property with four spacious 1-bedroom, 1-bathroom units, ideally situated just steps from the beach in beautiful Long Beach. Whether you're looking to expand your portfolio or find a lucrative rental property, this gem offers exceptional value and prime positioning. Located just a short stroll from the beach, residents will enjoy easy access to coastal living, scenic views, and the laid-back California lifestyle. The property is within walking distance...Unlock the potential of this charming 4-plex property with four spacious 1-bedroom, 1-bathroom units, ideally situated just steps from the beach in beautiful Long Beach. Whether you're looking to expand your portfolio or find a lucrative rental property, this gem offers exceptional value and prime positioning. Located just a short stroll from the beach, residents will enjoy easy access to coastal living, scenic views, and the laid-back California lifestyle. The property is within walking distance to the vibrant Belmont Shore area, known for its trendy shops, cafes, and entertainment venues, as well as the renowned Retro Row, famous for its eclectic mix of vintage shops and dining spots. With its proximity to the expanding Port of Long Beach, one of the busiest and most important ports in the world, this property offers strong rental demand, ideal for both long-term tenants and vacation rentals. As Long Beach continues to develop and the Port of Long Beach expands, this area is primed for even greater appreciation in property values and rental income potential. Each of the four 1-bed, 1-bath units offers comfortable living spaces, with plenty of room to make your own mark. This property has been lovingly maintained and is ready for its next owner. This rare opportunity combines a fantastic location with solid income potential and long-term growth. Don't miss out on this perfect blend of beachside charm and investment opportunity in one of Southern California's hottest real estate markets. Full Offering Memorandum in Documents.
  1. Listed by Craig Miller • DRE #01006713 • Brokerage DRE #01006713 • Wilshire Advisory Group, Inc

Property Details for 958 2nd Street

Water Front
Ocean
Zoning
LBR4R
Property Attached YN
true
Parcel Number
7265001024
Total Units
4.0
Living Area
3296
Source Living Area
Vendor Enhanced
Area
Downtown Area, Alamitos Beach (4)
LISTING UPDATED: 10/06/2025 11:36 AM

Property Details for 958 2nd Street

StatusSold
MLS #25513849
Days on Market124
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1922
Lot Size0.06 AC / 2,581 SF
CountyLos Angeles County

Location

Listing Courtesy of Wilshire Advisory Group, Inc, Craig Miller, DRE #01006713

Sold By Beverly and Company, Inc., Matthew Rosenblatt, DRE #01358846

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Building Information for 958 2nd Street

Stories2Residences-Year Built1922Building Size-Lot Size0.06 AC / 2,581 SF

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OriginPoint Mortgage or Rocket Mortgage1

$9,536 per month

30 year fixed, 6.11% Interest

Principal and Interest

$7,741

Property Taxes

$1,795

HOA Dues

$0

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Property Information for 958 2nd Street

Community / Development
Community / Development
  • Number Of Units: 4
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: 1 Bedroom 1
  • Security Features: Smoke Detector, Carbon Monoxide Detector(s)
  • Direction Faces: North
  • Water: Public
  • Water Heaters: Yes
  • Water Heater Features: Central Water Heater
Contract Info
Contract Info
  • Financing: Cash To New Loan
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $91,304
  • Net Operating Income: $56,954.00
  • Gross Income: $94,128
  • Gross Scheduled Income: $94,128
  • Gross Rent Multiplier: $17.26
  • Total Annual Expense: 34350
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.0593
  • Lot Size Square Feet: 2581
Parking Details
Parking Details
  • Parking Garage: On street
  • Total Parking: 0
  • Parking Features: Street
Interior Features
Interior Features
  • Levels: Two
  • Cooling: Wall/Window
  • Cooling Type: Wall/Window
  • Heating: Wall
  • Heating Type: Wall
  • Equipment: Garbage Disposal, Freezer, Dishwasher, Washer, Range/Oven
  • Common Walls: Attached
  • Laundry: Laundry Area
Exterior Features
Exterior Features
  • Entry Location: Ground Level w/steps
  • New Construction: No
  • Other Structural Features: Balcony
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 03-20-2025
  • Listing Terms: Cash To New Loan
  • Tenant Pays: Electricity, Gas
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,625.00
  • Unit Actual Rent: $19,500.00
  • Unit Projected Rent: $2,550.00
  • Like Units: 958
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,650.00
  • Unit Actual Rent: $19,800.00
  • Unit Projected Rent: $2,550.00
  • Like Units: 960
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,275.00
  • Unit Actual Rent: $27,300.00
  • Unit Projected Rent: $2,550.00
  • Like Units: 962
Unit 4 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,295.00
  • Unit Actual Rent: $27,540.00
  • Unit Projected Rent: $2,550.00
  • Like Units: 964
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $556,614.00
  • Assessed Improvement Percent: 34.85
  • Assessed Land Value: $1,040,400.00
  • Assessed Land Percent: 65.15
  • Assessed Total Value: $1,597,014.00

Property History for 958 2nd Street

DateEvent & SourcePriceAppreciation
Nov 17, 2025

Hold

SDMLS #25513849

—
Aug 22, 2025

Sold

CRMLS #25513849

$1,595,000—
Aug 22, 2025

Sold

CLAW #25513849

$1,595,000—
Aug 19, 2025

Sold (Public Record)

Public Record #1909579068

$1,595,000

+1.1% / yr

Jul 21, 2025

Pending

CLAW #25513849

—
Jul 21, 2025

Accepting Backup Offers

CLAW #25513849

—
Mar 19, 2025

Listed (Active)

CRMLS #25513849

$1,625,000—
Mar 19, 2025

Listed (Active)

CLAW #25513849

$1,625,000—
Mar 19, 2025

Listed (Active)

SDMLS #25513849

$1,625,000—
Apr 1, 2022

Sold

SDMLS #22-122563

$1,535,000—
Apr 1, 2022

Sold

CLAW #22-122563

$1,535,000—
Apr 1, 2022

Sold

CRMLS #22122563

$1,535,000—
Mar 25, 2022

Sold (Public Record)

Public Record #1486671236

$1,535,000

+5.4% / yr

Feb 22, 2022

Pending

CRMLS #22122563

—
Feb 22, 2022

Hold

CLAW #22-122563

—
Feb 22, 2022

Pending

CLAW #22-122563

—
Feb 22, 2022

Pending

SDMLS #22-122563

—
Jan 31, 2022

Listed (Active)

CLAW #22-122563

$1,475,000—
Jan 31, 2022

Listed (Active)

SDMLS #22-122563

$1,475,000—
Jan 31, 2022

Listed (Active)

CRMLS #22122563

$1,475,000—
May 12, 2016

Sold (Public Record)

Public Record #571654985

$1,130,500

+57.8% / yr

Aug 4, 2015

Sold

SDMLS #OC15138187

$780,000—
Aug 4, 2015

Sold

CRMLS #OC15138187

$780,000—
Aug 4, 2015

Sold

CLAW #OC15138187MR

$780,000—
Jul 20, 2015

Sold (Public Record)

Public Record #553042503

$780,000—
Jul 3, 2015

Pending

CLAW #OC15138187MR

—
Jul 3, 2015

Pending

CRMLS #OC15138187

—
Jun 24, 2015

Listed (Active)

SDMLS #OC15138187

$780,000—
Jun 24, 2015

Listed (Active)

CRMLS #OC15138187

$780,000—
Jun 24, 2015

Listed (Active)

CLAW #OC15138187MR

$780,000—
Jan 8, 2013

Expired

CRMLS #P427135

$799,000—
Feb 28, 2005

Expired

CLAW #P427135MR

—
Nov 23, 2004

Listed (Active)

CRMLS #P427135

$799,000—
Nov 23, 2004

Listed (Active)

CLAW #P427135MR

$799,000—
Nov 23, 2004

Listed (Active)

CRMLS #CC216571

$799,000—
DateEvent & SourcePrice
11/17/2025

Hold

SDMLS #25513849

—
08/22/2025

Sold

CRMLS #25513849

$1,595,000
08/22/2025

Sold

CLAW #25513849

$1,595,000
08/19/2025

Sold (Public Record)

Public Record #1909579068

$1,595,000

+1.1% / yr

07/21/2025

Pending

CLAW #25513849

—
07/21/2025

Accepting Backup Offers

CLAW #25513849

—
03/19/2025

Listed (Active)

CRMLS #25513849

$1,625,000
03/19/2025

Listed (Active)

CLAW #25513849

$1,625,000
03/19/2025

Listed (Active)

SDMLS #25513849

$1,625,000
04/01/2022

Sold

SDMLS #22-122563

$1,535,000
04/01/2022

Sold

CLAW #22-122563

$1,535,000
04/01/2022

Sold

CRMLS #22122563

$1,535,000
03/25/2022

Sold (Public Record)

Public Record #1486671236

$1,535,000

+5.4% / yr

02/22/2022

Pending

CRMLS #22122563

—
02/22/2022

Hold

CLAW #22-122563

—
02/22/2022

Pending

CLAW #22-122563

—
02/22/2022

Pending

SDMLS #22-122563

—
01/31/2022

Listed (Active)

CLAW #22-122563

$1,475,000
01/31/2022

Listed (Active)

SDMLS #22-122563

$1,475,000
01/31/2022

Listed (Active)

CRMLS #22122563

$1,475,000
05/12/2016

Sold (Public Record)

Public Record #571654985

$1,130,500

+57.8% / yr

08/04/2015

Sold

SDMLS #OC15138187

$780,000
08/04/2015

Sold

CRMLS #OC15138187

$780,000
08/04/2015

Sold

CLAW #OC15138187MR

$780,000
07/20/2015

Sold (Public Record)

Public Record #553042503

$780,000
07/03/2015

Pending

CLAW #OC15138187MR

—
07/03/2015

Pending

CRMLS #OC15138187

—
06/24/2015

Listed (Active)

SDMLS #OC15138187

$780,000
06/24/2015

Listed (Active)

CRMLS #OC15138187

$780,000
06/24/2015

Listed (Active)

CLAW #OC15138187MR

$780,000
01/08/2013

Expired

CRMLS #P427135

$799,000
02/28/2005

Expired

CLAW #P427135MR

—
11/23/2004

Listed (Active)

CRMLS #P427135

$799,000
11/23/2004

Listed (Active)

CLAW #P427135MR

$799,000
11/23/2004

Listed (Active)

CRMLS #CC216571

$799,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 958 2nd Street

Taxable ValueLand$1,061,208Additions$568,266Total$1,629,474
Tax Record2025$21,545 ($1,795 / month)
Home Facts
Total Finished SqFt3,296 SqFtAbove Grade Finished SqFt3,296 SqFtLot Size2,344 SqFtStyleQuadraplexYear Built1922ZoningLBR4RCountyLOS ANGELESAPN7265-001-024

Schools near 958 2nd Street

This home is within Long Beach Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Stevenson Elementary School
PublicK to 5

Franklin Classical Middle School
Public6 to 8

Polytechnic High School
Public9 to 12

Renaissance High School For The Arts
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Wilshire Advisory Group, Inc, Craig Miller, DRE #01006713

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.