1820 E 2nd
Long Beach, CA 90802
12
Bed
12
Bath
8,273Sqft(Lot)
Price Improvement! Now Offered at $5,150,000. Introducing Millie Jean — a completely reimagined 12-unit apartment community located at 1820 E. 2nd Street in the heart of Alamitos Beach, one of Long Beach’s most desirable coastal neighborhoods. This turn-key asset has undergone a full, permitted renovation down to the studs, delivering essentially new construction with high-end finishes and modern systems throughout. 100% leased and operating at a 5.35% CAP rate and 13.25 GRM, the property offers immediate cash flow. RUBS is in place, with tenants responsible for their proportionate share of utilities—reducing operating expenses, improving NOI, and protecting ownership from rising utility costs. The offering includes five single-car garages and fully approved plans to constru
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Heating & Cooling
Cooling: None
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Building Information
Year Built: 2025Building Area Total: 8130Stories: 2Pool Features: NonePrivate Pool: No
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Lot Information
Main Square Feet: 8273 Lot Size Acres: 0.1899 Lot Size Source: Assessor Lot Size Square Feet: 8,273 Lot Description: RectangularLotProperty Information
Subdivision: Alamitos Beach (AB) Source Property Type: ResidentialIncome Property SubType: Apartment Levels: Two Property Age: 1
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Listing Price Information
Listing Price: $5150000Original Price: $5299000Cash, CashToNewLoan
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Tax Information
Parcel Number: 7265020006 Tax Lot: 3
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Parking Information
Parking Total: 5Garage Information
Has Garage: Yes Garage Space: 5
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Location Information
Direction: Between Hermosa Ave. and Cherry Ave. on 2nd Street WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1738 E 4th, Long Beach, CA, 90802 | $299,998 | -- | 1 | 397 | 15,144 Sqft |
| 1427 E 4th, Long Beach, CA, 90802 | $1,999,000 | 2 | 6 | -- | 2,951 Sqft |
| 530 Almond Avenue, Long Beach, CA, 90802 | $1,199,900 | 4 | 3 | 1,962 | 7,332 Sqft |
| 216 Esperanza, Long Beach, CA, 90802 | $1,394,900 | 4 | 4 | -- | 3,296 Sqft |
| 1310 E Ocean #405, Long Beach, CA, 90802 | $799,000 | 1 | 1 | 990 | 428,970.98 Sqft |
| 1152 E 1st Street, Long Beach, CA, 90802 | $6,999,000 | 8 | 30 | 19,800 | 8,234 Sqft |
| 1057 E Appleton #10, Long Beach, CA, 90802 | $459,000 | 2 | 1 | 782 | 8,175 Sqft |
| 1142 E 1st Street, Long Beach, CA, 90802 | $3,475,000 | 14 | -- | 8,965 | 8,224 Sqft |
| 1042 1048 E Broadway, Long Beach, CA, 90802 | $1,635,000 | 3 | 2 | -- | 0.09 Acre |
| 947 E Broadway #2, Long Beach, CA, 90802 | $290,000 | 1 | 1 | 582 | 7,203 Sqft |
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ByOwner last updated this listing 09/15/2026 @ 02:56
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