Don't miss this exceptional opportunity to own a **legal two-family** home in the heart of Long Beach. This well-maintained, **income-producing property** is being sold **with paying tenants in place**, making it an ideal investment for buyers seeking immediate cash flow. The property currently generates **$5,400 per month in gross rental income ($64,800 annually)**. The first-floor unit is occupied with a lease in place through **October 31, 2026**. The second-floor unit is also occupied on a **month-to-month tenancy**. Each spacious unit features **3 bedrooms, 1.5 bathrooms**, generously sized rooms, and excellent closet and storage space. Additional highlights include a **two-car garage**, a **basement with bonus space** with separate entrance, and a location just **minutes from the beach**, shopping, restaurants, parks, bars, and public transportation. The home is in **excellent condition** with **multiple important updates**, including the **roof, windows, boiler, and hot water heater**, all completed approximately **10–15 years ago**. A **new rear deck** provides additional outdoor living space and enhances the property's appeal. Whether you're looking to expand your investment portfolio or purchase your first income-producing property, this legal two-family offers strong rental income, valuable updates, and an unbeatable Long Beach location. Don't miss this excellent investment opportunity!
11 days
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Zillow last checked:
Listing updated:
Listed by:
Fave Realty Inc516-519-8049,
Andrew Panton516-410-1877
Source: OneKey® MLS as distributed by MLS GRID,MLS#: 1025115
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 6
Bathrooms: 4
Full bathrooms: 4
Heating
Natural Gas, Other
Cooling
None
Features
Other
Basement: Partially Finished
Interior area
Total structure area: 2,304
Total interior livable area: 2,304 sqft
Property
Parking
Total spaces: 2
Parking features: Driveway, Garage
Garage spaces: 2
Has uncovered spaces: Yes
Lot
Size: 4,935 Square Feet
Details
Parcel number: 1000590920000600
Special conditions: None
Construction
Type & style
Home type: MultiFamily
Property subtype: Duplex, Multi Family
Materials
Vinyl Siding
Condition
Year built: 1988
Utilities & green energy
Gas: Separate Gas Meters: 2
Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Natural Gas Connected, Water Connected
Community & HOA
Location
Region: Long Beach
Financial & listing details
Price per square foot: $399/sqft
Tax assessed value: $476
Annual tax amount: $12,981
Date on market: 7/13/2026
Cumulative days on market: 11 days
Listing agreement: Exclusive Right To Sell
Electric utility on property: Yes
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
Date
Event
Price
7/13/2026
Listed for sale
$919,999-1%$399/sqft
Source: OneKey® MLS as distributed by MLS GRID #1025115Report a problem
1/21/2026
Listing removed
$929,000$403/sqft
Source: OneKey® MLS as distributed by MLS GRID #817997Report a problem
6/2/2025
Price change
$929,000-4.2%$403/sqft
Source: OneKey® MLS as distributed by MLS GRID #817997Report a problem
1/28/2025
Listed for sale
$970,000+102.1%$421/sqft
Source: OneKey® MLS as distributed by MLS GRID #817997Report a problem
6/18/2011
Listing removed
$480,000$208/sqft
Source: Coldwell Banker Beach West Realty #2352996Report a problem
5/2/2011
Price change
$480,000-2%$208/sqft
Source: Coldwell Banker Beach West Realty #2352996Report a problem
3/25/2011
Price change
$490,000-2%$213/sqft
Source: Coldwell Banker Beach West Realty #2352996Report a problem
3/5/2011
Price change
$500,000-1.8%$217/sqft
Source: Coldwell Banker Beach West Realty #2352996Report a problem
12/23/2010
Listed for sale
$509,000-4%$221/sqft
Source: Coldwell Banker Beach West Realty #2352996Report a problem
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Source: OneKey® MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.