1820 E 2nd St, Long Beach, CA 90802
Property image
Property image
FOR SALE
NEW - 1 DAY AGO
Listed by Spencer Pabst, Pabst, Kinney & Associates, (562) 884-6875

$5,150,000

  • 12 Beds
  • 12 Baths
  • 8,130 sqft

1820 E 2nd St, Long Beach, CA 90802

Alamitos Beach
Est. Mortgage $32,136/mo*
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Home Highlights

Multi-Family
Built in 2025
$633/sqft
Garage

Local Information

  • Map ViewExplore the area around 1820 E 2nd St.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

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 construct two new 2-bedroom, 1-bath ADU units above the garages, providing a clear value-add opportunity. Upon completion of the ADUs, ownership can achieve an estimated 6.68% CAP rate.

All units feature high-end interior renovations, including modern kitchens with European-style cabinetry, quartz countertops, Energy Star stainless steel appliances, designer lighting, and contemporary fixtures. Bathrooms have been fully upgraded with modern enclosures, plank flooring, and code-compliant mechanical improvements. Each unit includes in-unit washer/dryer, plank vinyl flooring, new doors and windows, ceiling fans, and fresh paint—creating a cohesive, upscale aesthetic throughout.

Major capital improvements include new plumbing (water lines, waste lines, water heaters), upgraded electrical systems with subpanels and GFCI outlets, HVAC and ventilation improvements, and drought-tolerant landscaping. The building is separately metered for gas and electric, with high-efficiency lighting to minimize operating expenses.

Additionally, a new owner can unlock substantial tax advantages through a cost segregation study, with an estimated $1,379,000 in depreciation within the first five years, compared to approximately $722,590 under standard depreciation—representing an incremental benefit of roughly $660,000.

Located just two blocks from the beach, Millie Jean offers residents immediate access to the coastline while enjoying the walkability, lifestyle, and long-term desirability of Alamitos Beach. This is a rare opportunity to acquire a fully modernized, high-performing asset in a premier coastal submarket with strong in-place income and meaningful upside.

Home Details for 1820 E 2nd St

Interior Features

Beds & Baths
Number of Bedrooms: 12Number of Bathrooms: 12
Appliances & Utilities
Laundry: Inside,See Remarks
Heating & Cooling
No CoolingAir Conditioning: None
Fireplace & Spa
Fireplace: NoneNo Fireplace
Windows, Doors, Floors & Walls
Common Walls: 2+ Common Walls
Levels, Entrance, & Accessibility
Stories: 2Number of Stories: 2Levels: TwoEntry Location: 1

Exterior Features

Exterior Home Features
No Private Pool
Parking & Garage
Number of Garage Spaces: 5Number of Covered Spaces: 5Has a GarageParking Spaces: 5Parking: Garage
Pool
Pool: None
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Surface & Elevation
Elevation Units: Feet

Days on Market

Cumulative Days on Market: 153Days on Market: 154

Property Information

Year Built
Year Built: 2025
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Not a New ConstructionAttached To Another StructureNo Additional Parcels
Property Information
Parcel Number: 7265020006

Price & Status

Price
List Price: $5,150,000Price Per Sqft: $633
Status Change & Dates
Off Market Date: Mon Jul 20 2026

Active Status

MLS Status: Active

Location

Direction & Address
City: Long BeachCommunity: Alamitos Beach (Ab)

Agent Information

Listing Agent
Listing ID: PW26035100

Building

Building Area
Building Area: 8130 Square Feet

Community

Community Features: SidewalksNot Senior Community

HOA

Association for this Listing: California Regional MLS

Lot Information

Lot Area: 8273 sqft

Listing Info

Special Conditions: Standard

Offer

Listing Terms: Cash, Cash to New Loan

Rental Terms, Policies & Fees

No Rent Control

Miscellaneous

Mls Number: PW26035100Living Area Range Units: Square FeetAttribution Contact: 562-884-6875Back On Market Date: Wed Sep 09 2026Common Interest: Community ApartmentUniversal Property Id: US-06037-N-7265020006-R-N

Additional Information

SidewalksSource Internet Entire Listing Display

Around this home

Neighborhood Overview

Alamitos Beach
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Alamitos Beach

At least 385 Trulia users voted on each feature.

  • 97 % Say it's dog friendly

  • 96 % Say there are sidewalks

  • 95 % Say it's walkable to restaurants

  • 78 % Say it's walkable to grocery stores

  • 66 % Say people would walk alone at night

  • 65 % Say streets are well-lit

  • 62 % Say neighbors are friendly

  • 61 % Say there's holiday spirit

  • 61 % Say car is needed

  • 49 % Say they plan to stay for at least 5 years

  • 38 % Say there's wildlife

  • 38 % Say yards are well-kept

  • 33 % Say kids play outside

  • 30 % Say there are community events

  • 30 % Say it's quiet

  • 10 % Say parking is easy

Sourced by Trulia users. Learn more about our methodology.
  • Tim Balen
    "I drive to Various locations around Southern California. Irregular hours and days. Short and long distances"
    0
    Flag
  • Mr. Chinikipaka
    "Lively community people care for each other. Everyone is friendly and welcoming. Mostly safe but crime is increasing "
    1
    Flag
  • Meagan Swartwood
    "Lots of dogs everywhere so if you have a social pup it’s great! However you do have to occasionally deal with poor pet parenting like dogs off leash and don’t recall, not picking up poop, etc."
    2
    Flag
  • Paige Williams
    "There are constantly so many community events going on! A few that I frequent are Run Club, Yoga at the Bluff and Fourth Fridays. "
    0
    Flag
  • Imanii godwin
    "Very big dog community. Long Beach has Rosie’s dog beach which is amazing . Dogs are welcome everywhere . "
    1
    Flag
  • PGE
    "Long Beach has a special charm and sense of community that is like no other. The fast pace of a city with the chill energy of a beach town. From the wild parrots to the awesome bike accessibility; Long Beach has it all. "
    5
    Flag
  • Melinda Villagrana
    "It’s not safe at all anymore. My brothers car has been stolen. My car has been left open now because they’ve broken into it like 5 times. It’s dirty now with a lot of homeless people and scary people on drugs."
    2
    Flag
  • Tim Balen
    "Friendly neighborhood for dog owners. Shoos/restaurants tolerant. Great dog park near by. Other do owners are friendly."
    0
    Flag
  • Derek Grant
    "It’s okay…. Plenty of dogs in the downtown area. A decent amount of restaurants and personally owned stores might keep a bowl of water outside."
    0
    Flag
  • Marissa Hanley
    "A lot of people don’t pick up their dog poop. So they might get the blame for it from other people. Also there are bags of dog poop laying all over from people picking it up then not disposing of it correctly. Dog owners might like the dog/parks close by!"
    0
    Flag
  • Barbara Laguna
    "It feels safe during the day. Lots of homeless at night.. but for the most part, I feel safe. But always use caution. "
    1
    Flag
  • Trulia User
    "Find a place w parking be kind to neighbors and homeless keep your dogs on a leash. Support all the great local businesses "
    2
    Flag
  • Trulia User
    "There’s always some sort of event taking place. Bike riding is a very big, skating, walking, running is very big in this community. "
    2
    Flag
  • Trulia User
    "There’s a dog park at Bixby. Tons of people with dogs. Always dog poop left on sidewalks and grass, unfortunately. "
    2
    Flag
  • Trulia User
    "All the different places to go and all the things to do. Makes for a good time. The beach is close so you can go to the water any day of the week."
    9
    Flag
  • Trulia User
    "i just moved here, about a week ago. i love it. one thing, the parking is crazy! or lack of parking. but morning walks have been so beautiful, birds chirping. i love it. i hope to be a resident here for a long time. im still trying to work out what places are cool, etc. and what food places i wanna try, etc. but its been so pleasant so far. a far cry from living in motels for over 1.5 years! "
    9
    Flag
  • Trulia User
    "People of all economic backgrounds live here. The demographic has quite the variety which makes you feel included. "
    10
    Flag
  • Trulia User
    "School system and neighborhood watch is everyone’s number one concern in this area and the school district "
    0
    Flag
  • Trulia User
    "Farmers markets every Tuesdays and Saturdays, we get to host the Long Beach Grand Prix every year near the pike "
    0
    Flag
  • Trulia User
    "Very diverse community, it is a great advantage to experience culture and gd impact to children lives in the future"
    0
    Flag
  • Trulia User
    "You see other dog owners all the time walking their dogs and they have nearby dog parks for dogs to meet other dogs and play with. Also a lot of people that love seeing dogs all around the neighborhood, people are just friendly when it comes to having dogs around so that is an upside for dog owners when living in the downtown area."
    1
    Flag
  • Trulia User
    "easy with a scooter staying in downtown. parking is terrible as lost places do not have assigned parking and many people have multiple cars that rarely move"
    1
    Flag
  • Trulia User
    "People don’t pick up after their dogs. All dogs are mainly on leashes unless they obviously but other than that everyone is nice "
    0
    Flag
  • Trulia User
    "Great area, always loved living downtown. There’s one major problem and it’s parking one 4pm hits good luck because it becomes a race and it gets worse if there’s an event. "
    1
    Flag
  • Trulia User
    "Culture , art. Food. Music, the pike. Long Beach is different in general. LGBTQ presence is thick and it’s nice to be apart of that. "
    3
    Flag
  • Trulia User
    "Charming even though it’s crowded parking is difficult to find. Pockets of shopping with small business "
    2
    Flag
  • Trulia User
    "Yoga on the bluff, farmers market, the dog beach, the dog parks, and all the dog friendly businesses. "
    1
    Flag
  • Trulia User
    "There’s a huge sense of community here. It’s quiet but not it’s still lively with lots to do. Everything is within walking distance and it is super dog friendly, which is mandatory for me as I have 2 dogs. "
    0
    Flag
  • Trulia User
    "I work from home so no commute. But if I had to, I would take the closest bus or the train in to the office"
    0
    Flag
  • Trulia User
    "Big mixing pot of different people and lifestyles everybody gets along for the most part. Great place to live. "
    1
    Flag
  • Denis L.
    "there is absolutely no place to park , the street sweeping signs are a major challenge, parking control is predatorial, lots of a drug dealers roaming around on bikes, transient population has become overwhelming I will never move back in this area unless I don't need a car, "
    20
    Flag
  • Robbyn M.
    "The beach is beautiful , but if you actually want to swim go south to Sunset, Bolsa Chica, or Huntington Beaches. The water is much less polluted and the waves are better."
    7
    Flag
  • Eric H.
    "Close to Retro Row, Bixby Park, Bluff Park and the beach! Very friendly and walkable. Bike lanes! Schools nearby!"
    2
    Flag
  • Robbyn M.
    "Parking is so bad that once parked I don’t move my car and I walk everywhere I need to go. Everything is pretty close so it works out okay."
    3
    Flag
  • Stephlynstill
    "There is a lot of traffic here and busy streets, there are also a lot of homeless. It’s not the safest place for kids to run around."
    3
    Flag
  • Lucialopesactress
    "Yoga at the park for free, the longest beach still affordable to live comparing to other neighborhoods."
    4
    Flag
  • Christina V. L.
    "I think the public free events are cool. There are a lot of people out and about. There are fun bars and restaurants. "
    1
    Flag
  • Brett R.
    "I drive. Far.I drive I don't take public transportation. There are so many homeless, mentally ill people in this neighborhood it is unsafe to go anywhere. There are high rise condos and OUTRAGEOUSLY OVERPRICED RENTAL APARTMENTS IN DOWNTOWN LONG BEACH THAT IS UNAFFORDABLE TO THE AVERAGE COLLEGE EDUCATED PROFESSIONAL! "
    2
    Flag
  • Jacob
    "Since the Broadway Road Diet my commute has gotten exponentially better! Easy access to downtown ,public transit, and the beach! "
    4
    Flag
  • Arpan K.
    "It’s beautiful and very diversified community!! Easy access to everywhere. Close to the beach and outlets, movie theaters etc."
    1
    Flag

Market trends in Long Beach

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$818K
$12.5KMoM
Sale-to-List Price
100.0%
Price per sq ft
$646
$17MoM
Available listings
797
3MoM

Home Value

Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1912 E 2nd St, Long Beach, CA
0.04
Multi-Family Home
$4,400,000
09/29/25
8
21
9,662
1605 E 1st St, Long Beach, CA
0.18
Multi-Family Home
$2,150,000
05/19/26
12
8
4,971
1149 E 1st St, Long Beach, CA
0.48
Multi-Family Home
$3,325,000
05/12/26
11
13
7,906
51 Kennebec Ave, Long Beach, CA
0.28
Multi-Family Home
$3,100,000
10/20/25
9
11
4,688
1734 E Erie St, Long Beach, CA
0.25
Multi-Family Home
$1,925,000
11/21/25
12
17
5,840
221 Wisconsin Ave, Long Beach, CA
0.42
Multi-Family Home
$2,550,000
12/05/25
12
10
10,401
1621 E 1st St, Long Beach, CA
0.16
Multi-Family Home
$1,675,000
07/31/26
8
6
5,869
1517 E 1st St, Long Beach, CA
0.21
Multi-Family Home
$2,100,000
11/11/25
7
7
5,014
350 Tile Ave, Long Beach, CA
0.41
Multi-Family Home
$1,775,000
05/01/26
10
10
5,477
833 E 1st St, Long Beach, CA
0.72
Multi-Family Home
$1,850,000
12/22/25
11
11
6,087

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
1831 E 2nd St, Long Beach, CA 90802
0.06
$1,165,000
2
2
1,469
Recently Sold
1912 E 2nd St, Long Beach, CA 90802
0.04
-
8
21
9,662
Off Market
1913 E Broadway #23a492e59, Long Beach, CA 90802
0.09
$1,544,500
1
1
-
Off Market
1808 E Appleton St #6, Long Beach, CA 90802
0.09
$405,000
1
1
662
Recently Sold
1765 E Broadway #305, Long Beach, CA 90802
0.09
$705,000
2
2
1,328
Recently Sold
1905 E 1st St, Long Beach, CA 90802
0.05
$664,800
2
1
912
Off Market
1831 E Appleton St #5, Long Beach, CA 90802
0.11
$457,800
1
1
623
Off Market
100 Hermosa Ave #1F, Long Beach, CA 90802
0.04
$383,300
1
1
692
Off Market
100 Hermosa Ave #2C, Long Beach, CA 90802
0.04
$627,200
2
2
1,100
Off Market
100 Hermosa Ave #3D, Long Beach, CA 90802
0.04
$438,200
1
1
697
Off Market
100 Hermosa Ave #3F, Long Beach, CA 90802
0.04
$438,200
1
1
692
Off Market

Price and Tax history

DateEventPrice
Sep 9, 2026
Source: CRMLS #PW26035100
Listed For Sale
$5,150,000
Jul 20, 2026
Source: CRMLS #PW26035100
ListingRemoved
$5,150,000
May 4, 2026
Source: CRMLS #PW26035100
PriceChange
$5,150,000
Price decreased by 3%
Feb 17, 2026
Source: CRMLS #PW26035100
Listed For Sale
$5,299,000

LGBTQ Local Legal Protections

Spencer Pabst, Pabst, Kinney & Associates
Agent Phone: (562) 884-6875
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-09-10 00:05:33 PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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Frequently asked questions about 1820 E 2nd St

  • What is the estimated monthly payment for 1820 E 2nd St?
    Based on a $5,150,000 list price with 20% down at today's rates, the estimated monthly payment for 1820 E 2nd St in Long Beach, CA is approximately $32,666 (about $27,527 principal & interest, $5,064 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 1820 E 2nd St compare to homes in Long Beach?
    1820 E 2nd St in Long Beach, CA is listed at $5,150,000, about 530% above the $818K median sale price in Long Beach.
  • What do residents say about the Alamitos Beach neighborhood?
    Residents describe the Alamitos Beach neighborhood in Long Beach, CA as dog-friendly, pedestrian-friendly, and walkable to restaurants. See homes for sale in Alamitos Beach, Long Beach.
  • What are the closest schools to 1820 E 2nd St?
    The closest schools to 1820 E 2nd St in Long Beach, CA are Burbank Elementary School (rated 7/10), Franklin Classical Middle School (rated 4/10), Polytechnic High School (rated 7/10).
  • Does 1820 E 2nd St have laundry facilities?
    Yes, 1820 E 2nd St in Long Beach, CA has laundry facilities.
1820 E 2nd St, Long Beach, CA 90802 is a 12 bedroom, 12 bathroom, 8,130 sqft multi-family built in 2025. 1820 E 2nd St is located in Alamitos Beach, Long Beach. This property is currently available for sale and was listed by CRMLS on Sep 9, 2026. The MLS # for this home is MLS# PW26035100.