Updated Two-Unit
For Sale
$999,800
3728 E Colorado, Long Beach, CA 90814
Two one-bedroom residences feature remodeled kitchens, refreshed interiors, vinyl flooring, and garage storage.
Property Size1,300 SF
Price / SF$769.08
Days on Market104
Property Features for 3728 E Colorado
General Information
Standard status
Active
Size
1,300 SF
Property subtype
Duplex
Site & Location
Neighborhood
Belmont Heights
Highway Access
Yes
Units
Unit Mix
2 x 1BR/1BA
Multifamily Units
2
Amenities
garage
Building Details
Building Size
1,300 SF
Year Built
1919
Listing Agency:
T.N.G. Real Estate Consultants
(714) 271-8776
Listed By:
Joseph Miller · License #01404506
(714) 203-8555
Source:
Laroccarealestate
Added: Jul 17
Changed: Oct 26
Last Checked: Oct 26 at 3:01PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of T.N.G. Real Estate Consultants
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Investment Insights
Based on property information with market context.
This 1919 duplex contains two one-bedroom, one-bathroom units, each with an open floor plan. Interior updates include kitchen cabinetry, countertops, gas appliances, and luxury vinyl flooring; both interiors and the exterior have also been painted. A garage provides additional storage. The property measures 1,300 square feet.
The Long Beach property is near Belmont Shore’s shops, restaurants, and cafes along 2nd Street, as well as Recreation Park and Colorado Lagoon. Access to the 405, 605, and 22 freeways is also available nearby.
The Long Beach property is near Belmont Shore’s shops, restaurants, and cafes along 2nd Street, as well as Recreation Park and Colorado Lagoon. Access to the 405, 605, and 22 freeways is also available nearby.
Key Highlights
- Two units, each with 1 bedroom and 1 bathroom
- 1,300‑square‑foot duplex built in 1919
- Remodeled kitchens with new cabinetry, modern countertops, and newer gas appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,951
Cap Rate
2.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$559,020
$559.0K
Cap Rate 7%
$399,300
$399.3K
Cap Rate 9%
$310,567
$310.6K
Market Conditions
NOI Build-Up for 1,300 SF
Gross rent
$42.1K $32.40/SF
− Vacancy
−$2.2K −$1.68/SF
EGI
$39.9K $30.72/SF
− OpEx
−$12.0K −$9.21/SF
NOI
$28.0K $21.50/SF
Area
Long Beach, CA
Vacancy
5.20%
Lease Rate
$32.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$559,020
Cap Rate 7%
$399,300
Cap Rate 9%
$310,567
Alternative Uses
Best Use
Multifamily LT 5
$399.3K
$349.4K – $465.9K
NOI $27,951 @ 7.0% cap · market cap 2.80%
Second Best
Apartment 5plus
$355.2K
$310.8K – $414.4K
NOI $24,861 @ 7.0% cap · market cap 2.49%
Theoretical Best
Office A
$696.0K
$609.0K – $812.0K
NOI $48,721 @ 7.0% cap · market cap 4.87%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,967
Businesses Nearby
Explore this area
Business Placement
Demographics for 90814, CA
19,042
Population
9,939
Households
1.9
Avg Household Size
39
Median Age
56%
College-Educated
92%
High-School Grad
1.3 sq mi
ZIP Area
14,648
Density / Sq Mi
$98,070
Median Household Income
$60,482
Median Earnings
$1,987
Median Rent
$898,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two one-bedroom residences feature remodeled kitchens, refreshed interiors, vinyl flooring, and garage storage.
Where is this duplex located?
The property is located at 3728 E Colorado Long Beach, CA.
What is the asking price?
The asking price for this property is $999,800.
What are key features of this property?
This property features: Two units, each with 1 bedroom and 1 bathroom; 1,300‑square‑foot duplex built in 1919; Remodeled kitchens with new cabinetry, modern countertops, and newer gas appliances
