2740 Easy Avenue, Long Beach, California 90810, Long Beach, 90810 - 3 bed, 2 bath

2740 Easy Avenue, Long Beach, California 90810 home-pic-0
ACTIVE UNDER CONTRACT$765,000
2740 Easy Avenue, Long Beach, California 90810
3Beds
2Baths
1,426Sqft
4,971Lot

Price Vs. Estimate

The estimated value ($824,988.4) is $59,988.4 (7%) higher than the list price ($765,000). This property may be underpriced.

Key pros and cons

Top Pros:
Strong Income Potential: The property is a well-maintained duplex offering strong rental potential, suitable for investors seeking steady income or owner-occupants looking for supplemental income.
Top Cons:
Age of Construction: Built in 1941, despite updates, the property's age may imply potential for underlying infrastructure issues (e.g., plumbing, electrical) that could require future maintenance or upgrades.

Compared to the nearby listings

Price:$765.0K vs avg $790.0K ($-25,000)40%
Size:1,426 sqft vs avg 1,426 sqft50%
Price/sqft:$536 vs avg $53360%

More Insights

Built in 1941 (84 years old).
Condition: Despite being built in 1941, the property is described as 'updated and well-maintained' with 'remodeled kitchens and bathrooms.' The images confirm a clean, functional, and move-in ready condition. Key updates include hardwood laminate and tile flooring, and modern mini-split AC units for heating and cooling. While the aesthetic style of some 'remodeled' elements, such as the kitchen cabinets and bathroom tiles, may appear somewhat dated (likely 15-20 years old rather than brand new), they are well-maintained and fully functional, requiring no immediate renovation. This aligns with the 'Good' criteria of being move-in ready with well-maintained systems and some updated components, even if not a full recent renovation.
Year Built
1941
Close
-
List price
$765K
Original List price
$765K
Price/Sqft
$536
HOA
-
Days on market
-
Sold On
-
MLS number
OC25199518
Home ConditionGood
Features
Patio
ViewNeighborhood

About this home

Updated and well-maintained, this Long Beach duplex offers comfort, functionality, and strong rental potential. The property consists of two units: the front home at 2740 Easy Ave features 946 square feet with 2 bedrooms and 1 bathroom, while the rear unit at 2740A Easy Ave provides 480 square feet and 1 bedroom and 1 bathroom—ideal for multigenerational living or steady income. Both residences include remodeled kitchens and bathrooms with charming finishes, hardwood flooring, and bright, efficient layouts. A gated driveway leads to a detached two-car garage with laundry, shared yard space, and full perimeter fencing. A front porch creates inviting outdoor spaces for both households. The garage comes with fully approved plans for conversion into a third unit ADU, giving the next owner immediate value-add potential. This is a solid residential income opportunity in a central Long Beach location. With move-in ready interiors, approved development upside, and existing rental income, 2740 Easy Ave is well suited for owner-occupants seeking supplemental income or investors looking for a strong long-term hold.

Nearby schools

6/10
Garfield Elementary School
Public,K-50.7mi
5/10
Webster Elementary School
Public,K-50.7mi
6/10
Dominguez Elementary School
Public,K-52.0mi
5/10
Del Amo Elementary School
Public,K-52.6mi
4/10
Frank Del Olmo Elementary School
Public,K-619.0mi
7/10
Muir K-8
Public,K-80.4mi
5/10
Stephens Middle School
Public,6-80.4mi
4/10
Hudson K-8
Public,K-80.8mi
4/10
Andrew Carnegie Middle School
Public,6-83.2mi
3/10
Cabrillo High School
Public,9-121.0mi
4/10
Rancho Dominguez Preparatory
Public,6-121.9mi

Price History

Date
Event
Price
03/24/95
Sold
$117,500
06/01/20
Sold
$555,000
01/26/10
Sold
$248,000
Condition Rating
Good

Despite being built in 1941, the property is described as 'updated and well-maintained' with 'remodeled kitchens and bathrooms.' The images confirm a clean, functional, and move-in ready condition. Key updates include hardwood laminate and tile flooring, and modern mini-split AC units for heating and cooling. While the aesthetic style of some 'remodeled' elements, such as the kitchen cabinets and bathroom tiles, may appear somewhat dated (likely 15-20 years old rather than brand new), they are well-maintained and fully functional, requiring no immediate renovation. This aligns with the 'Good' criteria of being move-in ready with well-maintained systems and some updated components, even if not a full recent renovation.
Pros & Cons

Pros

Strong Income Potential: The property is a well-maintained duplex offering strong rental potential, suitable for investors seeking steady income or owner-occupants looking for supplemental income.
Approved Value-Add Opportunity: It includes fully approved plans for converting the detached two-car garage into a third ADU unit, providing immediate and significant value-add potential for the next owner.
Updated & Move-in Ready Interiors: Both units feature remodeled kitchens and bathrooms with charming finishes, hardwood flooring, and efficient layouts, making them move-in ready for tenants or residents.
Favorable Listing Price: The current listing price of $765,000 is below the estimated property value of $824,988.4, suggesting potential for immediate equity for the buyer.
Central Long Beach Location: Situated in a central Long Beach location, offering convenient access to local amenities, transportation, and contributing to its desirability and rental appeal.

Cons

Age of Construction: Built in 1941, despite updates, the property's age may imply potential for underlying infrastructure issues (e.g., plumbing, electrical) that could require future maintenance or upgrades.
Compact Unit Sizes: The individual unit sizes (946 sqft for 2B/1B and 480 sqft for 1B/1B) are relatively small, which might limit the tenant pool or rental rates compared to more spacious properties.
Shared Amenities: The property features shared yard space and a detached two-car garage with laundry for multiple units, which could lead to potential tenant disputes or inconvenience regarding usage.

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