Opening page…
Closed
- Listed price
- $7,500,000
- Listed Feb 14, 2022
- Sold price
- $7,500,000
- Sold Apr 26, 2022
12,196.8 sqft lot|1954 Built|30 days listed
1260 E 2nd St, Long Beach, CA 90802
Property Description
1260 East 2nd Street is a 20-unit fully renovated, turn-key multifamily investment property located in Long Beach, a premier rental market in Los Angeles County, California. Fully renovated in 2018, the property received significant capital improvements which modernized the building's exterior, common areas, and unit interiors. These improvements include brand new windows, a fresh two-tone paint scheme, wood slat security doors, upgraded lighting, as well as new cabinetry, stainless steel appliances, and quartz countertops in the interiors. This turn-key asset offers an excellent unit mix consisting of studio, one, two, and three-bedroom floor plans. Amenities include a community barbeque and picnic area, controlled access, a central courtyard, on-site laundry, garage parking, hardwood flooring, and storage lockers.
Listing agent: Tyler LeesonDRE #01451551tleeson@marcusmillichap.com, Listing office: Marcus & Millichap RE Invest
MLS data updated 10/20/2026, 4:41:59 AM PT
Source: CRMLSMLS #: OC22029024
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$7,500,000
Apr 26, 2022
Available records22022
From MLS recordsActual listing and closing events
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$7,500,000Closed sale · Apr 26, 2022ZIP 90802 · Apr 2022
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 2 price recordsFeb 14, 2022 – Apr 26, 2022
ZIP 90802 · same property typeThis MLS property type has no exact comparison group.
Freddie Mac · national weekly ratesLoading mortgage-rate history…
Recorded sales in this period (1)
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
View listing & sale records
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.