Price Reduced $52,000!Charming Spanish Style Duplex in Wrigley Neighborhood. The property features two identical spacious 2bd/1bth units, over 1,000 SF each, on a large 6,260 SF lot with large shared backyard, and double car garage divided into 2 single cars with storage. The units feature beautiful hardwood floors, large living room, formal dining room, spacious bathroom and large bedrooms. Tenants pay most of their own utilities - electricity, gas and trash, Owner pays for the water. Lots of upside potential as rents are below market, and there is the opportunity to convert the garages to an ADU unit, potentially further increasing the rental income and property value. Both tenants eligible for max rent increase allowable under AB1482 9/1/2023.  This is an amazing investment opportunity for any investor or owner occupant buyer.
Sold for $790,000 on 08/09/23
Listing Provided by: 
Spencer Pabst DRE #01849377 562-987-3244,
Pabst, Kinney & Associates
Bought with: eXp Realty of Greater Los Angeles, Inc.
$790,000
2142 Earl Ave, Long Beach, CA 90806
4beds
2baths
2,144sqft
Duplex
Built in 1937
-- sqft lot
$886,500 Zestimate®
$368/sqft
$2,314 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: December 04, 2024 at 04:42pm
Listing Provided by:
Spencer Pabst DRE #01849377 562-987-3244,
Pabst, Kinney & Associates
Bought with:
Leslie Teater, DRE #02165896
eXp Realty of Greater Los Angeles, Inc.
Source: CRMLS,MLS#: PW23093924
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
 - Bathrooms: 2
 
Appliances
- Laundry: Common Area
 
Features
- Common walls with other units/homes: 1 Common Wall
 
Interior area
- Total structure area: 2,144
 - Total interior livable area: 2,144 sqft
 
Property
Parking
- Total spaces: 2
 - Parking features: Assigned
 - Garage spaces: 2
 
Features
- Levels: Two
 - Stories: 2
 - Entry location: 1
 - Pool features: None
 
Lot
- Size: 6,260 sqft
 - Features: Back Yard, Rectangular Lot
 
Details
- Parcel number: 7208025013
 - Zoning: LBR2N
 - Special conditions: Standard
 
Construction
Type & style
- Home type: MultiFamily
 - Property subtype: Duplex
 - Attached to another structure: Yes
 
Condition
- New construction: No
 - Year built: 1937
 
Utilities & green energy
- Sewer: Public Sewer
 - Water: Public
 
Community & neighborhood
Community
- Community features: Sidewalks
 
Location
- Region: Long Beach
 - Subdivision: Wrigley Area (Wr)
 
Other
Other facts
- Listing terms: Cash to New Loan,Conventional,1031 Exchange
 
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Estimated market value
$886,500