$760,000
SOLD NOV 12, 2025
3 Beds
2 Baths
1,426 Sq Ft
4,971 Sq Ft Lot

Recently Sold

$533 Per Sq Ft

1% Below List Price

20 Days on Market

Highlights

  • Wood Flooring
  • Neighborhood Views
  • Ductless Heating Or Cooling System
  • No HOA
  • Double Pane Windows
  • Tile Countertops

About This Home

As of November 2025

Great income opportunity in a well-situated Long Beach duplex. Front unit (2740 Easy Ave) is 946 sf with 2 bed / 1 bath; rear unit (2740A) is 480 sf with 1 bed / 1 bath. Both units were updated with remodeled kitchens and bathrooms, hardwood floors, and clean, functional layouts. The front unit faces the street; the rear unit, garage and driveway lie inside a gated portion of the lot. Detached two-car garage with laundry and a shared yard add practicality. Seller has fully approved plans to convert the garage into a third unit—an immediate value-add. Projected gross income at market is ~$4,233/mo (~$50,800/yr), with a 10% vacancy allowance. Based on estimated expenses, pro forma NOI comes in around $32,000. At a $765,000 purchase price, the property delivers approximately a 15.1 GRM, with upside through rental growth or the planned third unit. Turnkey condition, stable rental income, and development potential make this a strong play for investors seeking dependable cash flow in Long Beach.

Last Agent to Sell the Property

Sam Kungli

Pinpoint Properties Brokerage Phone: 714-788-4418 License #02044993 Listed on: 09/19/2025

Last Buyer's Agent

Peter McKernan

PPF Realty License #01968986

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,860

Year Built

  • Built in 1941

Lot Details

  • 4,971 Sq Ft Lot
  • No Common Walls
  • Wood Fence
  • Density is up to 1 Unit/Acre
  • On-Hand Building Permits

Parking

  • 2 Car Garage
  • 3 Open Parking Spaces
  • Parking Available
  • Driveway

Home Design

  • Duplex
  • Entry on the 1st floor
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,426 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Living Room with Fireplace
  • Wood Flooring
  • Neighborhood Views

Kitchen

  • Range Hood
  • Tile Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer

Utilities

  • Ductless Heating Or Cooling System
  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for electricity, parking fee
  • Legal Lot and Block 9 / B
  • Tax Tract Number 10643
  • Assessor Parcel Number 7313025009
  • $480 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units
  • Westside/North Of Willow Subdivision

Building Details

  • 1 Leased Unit
  • Insurance Expense $2,000
  • Maintenance Expense $900
  • Other Expense $2,400
  • New Taxes Expense $9,966
  • Operating Expense $15,266
  • Gross Income $43,320
  • Net Operating Income $26,751

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,860

Year Built

Built in 1941

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • CapRate: 4.20
  • Inclusions: Washer, Dryer, Refrigerator, Stove
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Westside/North of Willow (WNW)
  • View: Yes
  • Zoning: LBR1N
  • Property Condition: Building Permit
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7313025009
  • Year Built: 1941
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s), Tile Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 532.96
  • Room Type: All Bedrooms Down, Kitchen, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bedroom
  • Window Features: Double Pane Windows

Exterior Features

  • View: Neighborhood
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 3.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Range Hood, Refrigerator
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: Dryer Included, In Garage, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ductless
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 4971.00
  • Lot Size Acres: 0.1141

Rental Info

  • Tenant Pays: Electricity, Parking Fee

Multi Family

  • Gross Income: 43320.00
  • Gross Multiplier: 15.10
  • Gross Operating Income: 38988.00
  • Gross Scheduled Income: 43320.00
  • Insurance Expense: 2000.00
  • Lot Size Area: 4971.0000 Square Feet
  • Maintenance Expense: 900.00
  • Net Operating Income: 26750.50
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Operating Expense: 12237.00
  • Other Expense: 2400.00
  • Other Expense Description: Utility
  • Rent Control: No
  • Total Actual Rent: 1710.00
  • Total Expenses: 15266.00
  • Vacancy Allowance Rate: 10.00

Tax Info

  • New Taxes Expense: 9966.00
  • Tax Block: B
  • Tax Lot: 9
  • Tax Rate: 1.32
  • Tax Tract: 10643
  • Tax Tract Number: 10643
  • Tax Annual Amount: 7860.46
  • Tax Year: 2024
  • TaxOtherAnnualAssessmentAmount: 480.38

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2025
Closed on
Oct 23, 2025
Sold by
Slane John
Bought by
Abagat Ronald and Abagat Maria Lisa
Seller's Agent
Sam Kungli
Pinpoint Properties
Buyer's Agent
Peter McKernan
PPF Realty
List Price
$765,000
Sold Price
$760,000
Premium/Discount to List
-$5,000
-0.65%
Views
62

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.99%
Original Mortgage
$570,000
Outstanding Balance
$569,468
Interest Rate
6.34%
Mortgage Type
New Conventional
Estimated Equity
$191,504

Purchase Details

Listed on
Apr 5, 2020
Closed on
Apr 20, 2020
Sold by
Gasparcorona Lucia and Gasparcorona Maria Dels
Bought by
Slane John
Seller's Agent
Gil Rodriguez
Sharpstone Realty
Buyer's Agent
Jay Bourgana
Radius Agent Realty
List Price
$539,000
Sold Price
$555,000
Premium/Discount to List
$16,000
2.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.94%
Original Mortgage
$499,500
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 2015
Sold by
Gasper Lucia C
Bought by
Gaspar Lucia C and Corona Maria Del Socorro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,250
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 2009
Sold by
Hsbc Bank Usa Na
Bought by
Gaspar Lucia C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,508
Interest Rate
4.78%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 4, 2009
Sold by
Soomalelagi Tui
Bought by
Hsbc Bank Usa Na

Purchase Details

Closed on
Oct 30, 2001
Sold by
Soomalelagi Ata Tina
Bought by
Soomalelagi Tui

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
8.75%

Purchase Details

Closed on
Aug 26, 1999
Sold by
Sapolu Manase Jesse and Soomalelagi Tui
Bought by
Soomalelagi Tui

Purchase Details

Closed on
Mar 22, 1995
Sold by
Sapolu Melanie
Bought by
Sapolu Manese Jesse

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,500
Interest Rate
8.86%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 15, 1995
Sold by
Associates Financial Svcs Co Of Ca Inc
Bought by
Sapolu Manese Jesse

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,500
Interest Rate
8.86%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 12, 1995
Sold by
Pickett Bertha Lee
Bought by
Associates Financial Svcs Co Of Ca Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $760,000 First American Title Company
Grant Deed $555,000 First American Title
Interfamily Deed Transfer -- Chicago Title
Grant Deed $248,000 Lsi Title Company
Trustee Deed $223,200 None Available
Interfamily Deed Transfer -- First American Title Co
Interfamily Deed Transfer -- Orange Coast Title
Interfamily Deed Transfer -- Fidelity National Title
Grant Deed $117,500 Fidelity National Title
Deed In Lieu Of Foreclosure $114,819 Fidelity National Title
Deed In Lieu Of Foreclosure $114,819 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $570,000 New Conventional
Previous Owner $499,500 New Conventional
Previous Owner $281,250 New Conventional
Previous Owner $243,508 FHA
Previous Owner $156,000 No Value Available
Previous Owner $117,500 Seller Take Back
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/12/2025 11/12/25 Sold $760,000 -0.7% $533 / Sq Ft
09/19/2025 09/19/25 For Sale $765,000 +37.8% $536 / Sq Ft
06/01/2020 06/01/20 Sold $555,000 +3.0% $400 / Sq Ft View Prior Sale
04/13/2020 04/13/20 Pending -- -- --
04/05/2020 04/05/20 For Sale $539,000 -- $389 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,860 $606,968 $437,456 $169,512
2024 $7,860 $595,068 $428,879 $166,189
2023 $7,729 $583,401 $420,470 $162,931
2022 $7,259 $571,963 $412,226 $159,737
2021 $7,115 $560,749 $404,144 $156,605
2020 $3,948 $292,703 $180,580 $112,123
2019 $3,905 $286,965 $177,040 $109,925
2018 $3,720 $281,339 $173,569 $107,770
2016 $3,389 $270,416 $166,830 $103,586
2015 $3,256 $266,356 $164,325 $102,031
2014 $3,217 $261,140 $161,107 $100,033
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC25214482

California Regional Multiple Listing Service (CRMLS)

APN: 7313-025-009