Spanish-Style Triplex with
For Sale
$2,198,000
3517 E 2nd, Long Beach, CA 90803
MULTI_FAMILY - Long Beach, CA
Property Size3,636 SF
Lot Size0.14 Acres
Price / SF$604.51
Days on Market49
Property Features for 3517 E 2nd
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Bedrooms
5
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 1, Bonus Room, Bedroom 4, Bedroom 1, Bedroom 3, Laundry Room, Bathroom 2, Bedroom 2, Bedroom 5, Bathroom 3
Parking
4
Parking features
Garage
Spa
1
Pool private
1
Interior features
Beamed Ceilings, Built-in Features, High Ceilings, Ceiling Fan(s)
Subdivision
Bluff Park (BLF)
Lot features
Landscaped, Sprinklers Timer, Park Nearby, Front Yard, Sprinkler System, Up Slope from Street, Lawn, Yard
Directions
On 2nd Street just east of Redondo Ave.
Standard status
Active
APN
7264002028
Lot size
0.14 Acres
Utilities
Sewer type
Public Sewer
Heating system
Wall Furnace, Electric (Heating)
Cooling system
Wall/Window Unit(s), Window Unit(s)
Water source
Public
Building Details
Year built
1929
Floors in Building
2
Number of units
3
Flooring type
Wood
Building materials
Plaster, Stucco
Roof type
Tile
Listing Agency:
Re/Max R. E. Specialists · RE/MAX International
(562) 493-3004
Listed By:
Douglas Kramer · License #01374637
(949) 922-2291
Added: Jun 13
Changed: Jul 28
Last Checked: Jul 31 at 8:06PM
MLS# PW26127296
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
La Casa Mariana is a Spanish-style triplex arranged with two separate structures that surround a private central courtyard. The front building includes two spacious two-bedroom residences, and the rear building features a one-bedroom residence. The property also includes a swimming pool and spa within the courtyard and offers ample off-street parking for residents, including four garage spaces.
Located at 3517 E 2nd in Long Beach’s Bluff Park Historic District, the property is described as being about two blocks from the Pacific Ocean and within easy walking distance of Bluff Park, the beach, and restaurants, cafes, and boutiques along Broadway. It is also reported to be conveniently close to the Belmont Shore shopping and dining district.
The offering is presented as a long-maintained, family-owned asset maintained by the same family for more than four decades.
Located at 3517 E 2nd in Long Beach’s Bluff Park Historic District, the property is described as being about two blocks from the Pacific Ocean and within easy walking distance of Bluff Park, the beach, and restaurants, cafes, and boutiques along Broadway. It is also reported to be conveniently close to the Belmont Shore shopping and dining district.
The offering is presented as a long-maintained, family-owned asset maintained by the same family for more than four decades.
Key Highlights
- Spanish‑style triplex with two front 2‑bedroom residences (~1,455 SF each) and a rear 1‑bedroom unit (~726 SF)
- Private central courtyard with a private pool and spa
- 4 garage spaces plus ample off‑street parking for all residents
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $117.8k | $32.40 |
| − Vacancy | −$6.1k | −$1.68 |
| EGI | $111.7k | $30.72 |
| − OpEx | −$33.5k | −$9.21 |
| NOI | $78.2k | $21.50 |
3,636 SF · lease $32.40/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.12M
$977.2K – $1.30M
NOI $78,176 @ 7.0% cap · market cap 3.56%
Second Best
Apartment 5plus
$993.3K
$869.2K – $1.16M
NOI $69,533 @ 7.0% cap · market cap 3.16%
Theoretical Best
Office A
$1.95M
$1.70M – $2.27M
NOI $136,269 @ 7.0% cap · market cap 6.20%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,371
Businesses Nearby
Explore this area
Business Placement
Demographics for 90803, CA
32,192
Population
18,516
Households
1.7
Avg Household Size
46
Median Age
61%
College-Educated
95%
High-School Grad
4.1 sq mi
ZIP Area
7,852
Density / Sq Mi
$111,500
Median Household Income
$73,944
Median Earnings
$2,073
Median Rent
$1,138,300
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Triplex with two two-bedroom units in front and a one-bedroom unit in rear, surrounding a central courtyard.
Where is this triplex located?
The property is located at 3517 E 2nd Long Beach, CA.
What is the asking price?
The asking price for this property is $2,198,000.
What are key features of this property?
This property features: Spanish‑style triplex with two front 2‑bedroom residences (~1,455 SF each) and a rear 1‑bedroom unit (~726 SF); Private central courtyard with a private pool and spa; 4 garage spaces plus ample off‑street parking for all residents
