1036 E 2nd Street 11, Long Beach, California 90802, Long Beach, 90802 - 1 bed, 1 bath
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Long Beach, California 90802
This High-Potential Investment Opportunity is listed at a List Price of $475,000, positioned above the $422,798 Fair Market Value. Despite the premium, this Turnkey Condominium offers a Mint Condition Rating with modern finishes, including white shaker cabinets and luxury vinyl plank flooring. Currently operating as a successful short-term rental, the property provides immediate income potential near Alamitos Beach. With low monthly association fees of $170, this asset is perfectly suited for Buy-and-Hold Investors or Owner-Occupants seeking a coastal, move-in ready residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1036 E 2nd Street 11 Subject | $475,000* List Price | 1 | 1 | 722 | $586 | - |
A 940 E 3rd Sold | $365,000 | 1 | 1 | 731 | $499 | 0.2 mi |
B 1187 E 3rd Street 215 Sold | $375,000 | 1 | 1 | 778 | $482 | 0.2 mi |
C 100 Atlantic Avenue #604 604 Sold | $406,000 | 2 | 1 | 730 | $556 | 0.3 mi |
D 102 Lime Avenue 6 Sold | $337,000 | 1 | 1 | 684 | $493 | 0.2 mi |
E 800 E Ocean Boulevard 1010 Sold | $520,000 | 1 | 1 | 864 | $602 | 0.2 mi |
F 1020 E 2nd Street 10 Sold | $420,000 | 1 | 1 | 643 | $653 | 0.0 mi |
G 615 E Broadway 204 Sold | $347,000 | 1 | 1 | 644 | $539 | 0.3 mi |
H 1187 E 3rd Sold | $452,000 | 1 | 1 | 781 | $579 | 0.2 mi |
I 1030 E Ocean Blvd 401 Active | $439,000 List Price | 1 | 1 | 690 | $636 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1941, the property has undergone a high-quality, modern remodel within the last 5 years. The kitchen features contemporary white shaker cabinets, stone countertops, and stainless steel appliances. The interior shows new luxury vinyl plank flooring, recessed lighting, and updated fixtures, qualifying it as turnkey/mint condition.
The property is sold fully furnished and is currently a successful short-term rental, offering an immediate 'plug-and-play' opportunity for investors to generate income from day one.
Situated just blocks from Alamitos Beach and Bluff Park, this top-floor corner unit boasts high walkability to downtown Long Beach's dining, shopping, and entertainment hubs.
With an association fee of only $170 per month, the property offers exceptionally low overhead for a coastal California condo, significantly enhancing net ROI for owners.
Despite its proximity to the ocean and top-floor corner positioning, the property is listed as having no views, which may impact its competitive edge against other beachside units.
Built in 1941, the unit may lack modern infrastructure such as central air conditioning or in-unit laundry, and parking in the high-density Alamitos Beach area can be a significant challenge for residents.
Turnkey, fully furnished, and just blocks from the beach! This beautifully remodeled top-floor corner unit is currently operating as a successful short-term rental and is ready for its next owner to move in or start generating income immediately. Featuring 1 bedroom, 1 bathroom, abundant natural light, and a desirable corner location, this coastal retreat offers comfort, convenience, and investment potential all in one. Situated near Alamitos Beach, Bluff Park, downtown Long Beach, dining, shopping, and entertainment, you'll be perfectly positioned to enjoy the best of coastal living. A rare investment opportunity, especially with all the exciting events to come in Long Beach. Whether you're seeking a beachside getaway, full-time residence, or income-producing property, this one checks all the boxes. Sold fully furnished and ready to generate income from day one.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.9 mi
Grades 6-8 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 722 | 926 |
| Lot Size | 7,535 | 30,781 |
| Price | $475.0K | $514.8K |
| Price per sq ft | $658 | $568 |
| Built year | 1941 | 1979 |
| HOA | $170.0 | $475 |
| Days on market | 6 | 76 |
Jul 16, 2026
$475,000
Initial Listing
Jun 22, 2023
$360,000
Public Record
Jan 10, 2023
$245,000
Public Record