Home | Los Angeles County | Long Beach | 90803 | 5711 E 2nd
MLS: CRPW26180111 | Status: | Price: $2,795,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 3,671 | 1952 |
We are proud to present 5711 East 2nd Street, a boutique 8-unit multifamily property in the heart of Naples Island, one of Long Beach’s most exclusive waterfront enclaves and among the most supply-constrained residential submarkets in Southern California. Offered at $2,795,000, or $349,375 per unit, the asset pairs in-place cash flow with meaningful rental upside in a community defined by scarcity: a fully built-out cluster of canal-ringed islands where new multifamily supply is effectively nonexistent and renter demand is anchored by an irreplaceable waterfront lifestyle. The property sits on the 2nd Street corridor at Ravenna Drive, steps from the Naples canals and Alamitos Bay, roughly a mile from the Belmont Shore business district, and about a mile from 2nd & PCH, a newer Whole Foods–anchored open-air shopping and dining development. The property comprises seven one-bedroom units and one two-bedroom unit. In-place rents sit approximately 21% below the operator’s estimate of market, giving an incoming owner a clear runway to income growth as units are brought to market on turnover. Recent capital investment further de-risks the offering: the roof was professionally inspected and repaired in 2024 with an estimated ten years of remaining useful life, and the building’s electric
| Field | Value |
|---|---|
| MLS # | CRPW26180111 |
| MLS Source | California Regional MLS |
| Days on Site | 1 |
| Feature | Details |
|---|---|
| Garage/Parking | Garage: 1 Car(s) |
Christopher Walker
Triqor Group
License #: 01905338
Phone: –
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | – | – |
School data provided by GreatSchools.org
| School | Type | Grades | Distance | Rating |
|---|---|---|---|---|
| Naples Elementary School | public | K-5 | 0.31 mi | 8 |
| Lowell Elementary School | public | K-5 | 0.79 mi | 7 |
| Rogers Middle School | public | 6-8 | 0.84 mi | 8 |
| Kettering Elementary School | public | K-5 | 1.45 mi | 8 |
| Fremont Elementary School | public | K-5 | 1.59 mi | 8 |
| Wilson High School | public | 9-12 | 1.74 mi | 6 |
| Eunice Sato Academy Of Math & Science | public | 9-12 | 1.86 mi | 10 |
| J. H. McGaugh Elementary School | public | K-5 | 1.86 mi | 7 |
| Mann Elementary School | public | K-5 | 1.91 mi | 7 |
| Jefferson Leadership Academies School | public | 6-8 | 2.00 mi | 7 |
| Bryant Elementary School | public | K-5 | 2.25 mi | 6 |
| Gant Elementary School | public | K-5 | 2.27 mi | 9 |
| Tincher Preparatory School | public | K-8 | 2.44 mi | 8 |
| Willard Elementary School | public | K-5 | 2.50 mi | 3 |
| Francis Hopkinson Elementary School | public | K-5 | 2.61 mi | 8 |
| Burbank Elementary School | public | K-5 | 2.65 mi | 7 |
| Bixby Elementary School | public | K-5 | 2.79 mi | 8 |
| Lee Elementary School | public | K-5 | 2.95 mi | 6 |
| Stanford Middle School | public | 6-8 | 2.95 mi | 7 |
| Prisk Elementary School | public | K-5 | 3.03 mi | 10 |
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This listing information is up-to-date as of August 17, 2026. For the most current information, please contact Christopher Walker.