3409 E 2nd Street

Description

Historic 4-Unit Spanish-Style Income Property in Coveted Bluff ParkWell-maintained and thoughtfully preserved, this highly desirable fourplex showcases pride of ownership and timeless Spanish architecture in one of Long Beach’s most sought-after coastal neighborhoods. Ideally located on a wide, tree-lined street directly across from Trolley Park and just two blocks from the beach, the property offers exceptional walkability to the shops and dining along Broadway and Belmont Shore, along with refreshing ocean breezes.The property features a spacious 4 BEDROOM, 2.5-BATH OWNER'S UNIT with a two-car garage, fireplace, HVAC, whole-house stereo system, private laundry, and a secluded patio with built-in seating and BBQ—ideal for indoor-outdoor living. THREE additional 1-BEDROOM, 1-BATH UNITS with dedicated office space offer updated kitchens and baths, hardwood flooring, and a seamless blend of vintage character and modern convenience.Over $700,000 has been invested in comprehensive upgrades (2001–2026), including extensive down-to-the-studs renovations with updated plumbing, electrical, HVAC, insulation, and windows, along with major exterior improvements such as stucco, drainage systems, landscaping, patios, and hardscape. Additional capital improvements include garage reconstruction, custom outdoor living spaces, seismic retrofitting, sewer line replacements, roofing, and irrigation upgrades—resulting in a well-maintained property with minimal deferred maintenance.Original architectural details—hardwood floors, built-ins, and crown molding—have been carefully restored, preserving the property’s historic charm. The property also includes fFOUR GARAGES with built-in storage, private patios for each unit, and a beautifully landscaped shared courtyard with fountains. With three units on month-to-month leases and below-market rents, this is a rare opportunity offering strong rental upside, low expenses, and long-term growth potential—ideal for both investors and owner-users.