2031 East Spaulding Way, Long Beach, CA 90804

$725,000
3
BD
2
BA
852
SqFt

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List Price
$725,000
Status
ACTIVE
MLS#
DW-26199783
Year Built
1923
Bedrooms
3
Bathrooms
2
Living Sq. Ft
852
Lot Size
2,400
Days on Market
49
Property Type
Multifamily
Style
Bungalow, Traditional
Stories
1

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

Land Lease Type
Fee
Other Buildings
Storage
Appliances
Refrigerator, Gas Range, Range Hood
Fireplace Description
None
View
City Lights, Neighborhood
Parking
Oversized, Gated
Elementary School
Lee
Middle School
Jefferson
High School
Wilson

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Calculator source: Real Geeks

Listing courtesy of Coldwell Banker Realty.