For sale · Active

2500 2506 E Spaulding Street

Long Beach, CA 90804

$4,995,000
Lot size0.2973 acres
Property typeApartment
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Listing broker / agent: Triqor Group · Christopher Walker · chris.walker@triqorgroup.com · CRMLS

MLS # PW26223076 · Last checked Oct 20, 2026 11:08 UTC

About this property

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.

Property details

MLS number
PW26223076
Status
Active
Type
Residential Income
Subtype
Apartment
Lot size
0.2973 acres
County
Los Angeles
Year built
1962
More property detailsExpandCollapse

Listing

Days on market
0

Building

Year built
1962
Year built source
Public Records
Building stories
2
Entry level
1

Rooms & interior

Laundry
Common Area

Exterior & parking

Total parking spaces
16
Garage spaces
8
Pool
None
Lot features
Irregular Lot
Lot size source
Assessor

Utilities & community

Water
Public
Sewer
Public Sewer
Community features
Sidewalks
Explore the area

Nearby public schools

Within 5 miles

Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.

Nearby California public school locations, sorted by distance
School / districtGradesDistance
Olivia Nieto Herrera Elementary Long Beach Unified · Long Beach K–5 0.3 mi
Willard Elementary Long Beach Unified · Long Beach K–5 0.5 mi
Whittier Elementary Long Beach Unified · Long Beach K–5 0.7 mi
Jessie Nelson Academy Long Beach Unified · Signal Hill 6–8 0.7 mi
Alvarado Elementary (school website, opens in a new tab) Long Beach Unified · Signal Hill K–5 0.8 mi
Burbank Elementary Long Beach Unified · Long Beach K–5 0.9 mi
Richard D. Browning High Long Beach Unified · Long Beach 9–12 0.9 mi
Washington Middle Long Beach Unified · Long Beach 6–8 0.9 mi

Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.

Check the California School Directory ↗

Price and tax history

Asking price

Current asking price
$4,995,000
MLS-reported original asking price
$4,995,000
Asking prices observed by this listing service
Observed (UTC)Asking price
Oct 14, 2026 20:49$4,995,000

MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.

Property taxes

Tax history is not available from the imported listing data.

Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.

Local inventory snapshot

Market trends in Long Beach

Active residential homes for sale in Long Beach, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.

Available listings598Current authorized inventory
Median asking price$712,500598 listings with a valid price
Median asking price / sq ft$618.96569 listings with confirmed sq ft
Median days on market30.5598 listings with MLS-reported days

Observed price activity · past 30 days

Listings with a reduction107
Listings with an increase4

109 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.

Calculated 2026-10-20 11:48 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.

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Payment calculator

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Loan assumptions and ownership costs

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Illustration only—not a rate quote, preapproval, lending offer or affordability determination. Assumes equal monthly payments on a fully amortizing fixed-rate loan; no adjustable rates, interest-only periods or balloon payments. Excludes closing costs, utilities, maintenance, special assessments and other unentered costs. Actual payments and escrow can differ. Review a Loan Estimate with your lender.

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IDX listing information is provided for consumers’ personal, non-commercial use solely to identify prospective properties they may be interested in purchasing. Information is deemed reliable but is not guaranteed. Verify all information and current availability with the listing broker.