About this home

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!

Facts and features

Schools

• Long Beach Senior High School

  high · 9-12 · 1.5 mi

  7

• Long Beach Middle School

  middle · 6-8 · 1.7 mi

  5

• Harriet Eisman Community School

  high · 9-12 · 0.3 mi

• East Elementary School

  elementary · K-5 · 0.9 mi

  8

• Harriet E Snow Community School

  high · 9-12 · 0.3 mi

• Torah High School Long Beach

  high · 9-12 · 0.5 mi

Price history

• Sep 4, 2026 · Price Changed$899,999
• Jul 13, 2026 · Listed$919,999
• Jan 21, 2026 · Listing Removed$929,000
• Jun 2, 2025 · Price Changed$929,000
• Jan 28, 2025 · Listed$970,000
• Oct 10, 2011 · Listing Removed$480,000
• Apr 30, 2011 · Price Changed$480,000
• Mar 24, 2011 · Price Changed$490,000

Tax history

• 2025$6,107 tax · $476 assessed
• 2024$12,981 tax · $476 assessed
• 2022$7,232 tax · $476 assessed
• 2021$15,537 tax · $476 assessed
• 2020$12,204 tax · $456 assessed
• 2019$8,297 tax · $884 assessed
• 2018$7,857 tax · $884 assessed
• 2016$1,091 tax · $884 assessed

Home value

$880,676

• Quantarium$880,676
• Cotality$868,300
• Collateral Analytics$1,498,000

Where it is