Home | Los Angeles County | Long Beach | 90804 | 2500 2506 E Spaulding St
MLS: CRPW26223076 | Status: | Price: $4,995,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 12,950 | 1962 |
2500-06 East Spaulding Street is an updated 18-unit apartment property in Zaferia, a largely built-out submarket of East Long Beach. Built in 1962, the two-building, 14,866-square-foot property is offered at $4,995,000, or $277,500 per unit and $336 per square foot. All 18 units are updated two-bedroom, one-bath floor plans, and the building has fresh two-tone exterior paint and a central courtyard. In-place rents of $37,871 per month carry a 6.2% capitalization rate on $307,432 of net operating income, and the $40,500 per month the unit mix supports at market takes net operating income to $333,657 and the return to 6.7%. Eight enclosed garages, eight open parking spaces and two onsite laundry rooms give the building amenity depth uncommon at this size. RUBS, parking and pet income add $1,790 per month in ancillary revenue. Each unit is individually metered for electricity, giving residents direct control over utility costs and holding the owner-paid expense load down. Gated keypad access adds security and supports longterm tenant retention. Interiors feature stainless steel appliances, wood-look plank flooring, and ceiling fans, finishes that support durable occupancy and continued rent growth in one of Long Beach’s most walkable neighborhoods.
| Field | Value |
|---|---|
| MLS # | CRPW26223076 |
| MLS Source | California Regional MLS |
| Days on Site | 1 |
| Feature | Details |
|---|---|
| Garage/Parking | Garage: 8 Car(s) |
Christopher Walker
Triqor Group
License #: 01905338
Phone: –
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | – | – |
School data provided by GreatSchools.org
| School | Type | Grades | Distance | Rating |
|---|---|---|---|---|
| Lee Elementary School | public | K-5 | 0.27 mi | 6 |
| Willard Elementary School | public | K-5 | 0.49 mi | 3 |
| Whittier Elementary School | public | K-5 | 0.66 mi | 5 |
| Jessie Nelson Academy | public | 6-8 | 0.68 mi | 3 |
| Alvarado Elementary School | public | K-5 | 0.74 mi | 9 |
| Burbank Elementary School | public | K-5 | 0.85 mi | 7 |
| Robinson Academy | public | K-8 | 0.90 mi | 5 |
| Washington Middle School | public | 6-8 | 0.90 mi | 4 |
| Lincoln Elementary School | public | K-5 | 0.90 mi | 7 |
| Richard D. Browning High | public | 9-12 | 0.92 mi | 5 |
| Bryant Elementary School | public | K-5 | 0.98 mi | 6 |
| Jefferson Leadership Academies School | public | 6-8 | 0.99 mi | 7 |
| Signal Hill Elementary School | public | K-5 | 1.11 mi | 8 |
| Franklin Classical Middle School | public | 6-8 | 1.16 mi | 4 |
| Polytechnic High School | public | 9-12 | 1.22 mi | 7 |
| Mann Elementary School | public | K-5 | 1.34 mi | 7 |
| Wilson High School | public | 9-12 | 1.34 mi | 6 |
| Roosevelt Elementary School | public | K-5 | 1.36 mi | 5 |
| Fremont Elementary School | public | K-5 | 1.40 mi | 8 |
| Stevenson Elementary School | public | K-5 | 1.48 mi | 5 |
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This listing information is up-to-date as of October 14, 2026. For the most current information, please contact Christopher Walker.