$725,000
MLS: DW26199783
Beds
3
Baths
2
Sq Ft
852
Lot
0.06 ac
Year Built
1923
MLS #
DW26199783
Days on Market
21
Listed
Sep 23, 2026
Description
Start your Real Estate Portfolio! Some properties create value through size. Others create it through flexibility. 2031 E Spaulding Way offers something increasingly difficult to find in Long Beach: two separate residences on one property, at an incredible price! Creating the opportunity to live in one and lease the other, maintain both as income-producing units, or simply enjoy the added versatility of separate living spaces for a multi-generational family or just friends purchasing a home together. Located in the heart of Zaferia, the property includes a two-bedroom, one-bath residence with in-unit laundry and a separate one-bedroom, one-bath residence, giving each space its own sense of independence and purpose. Together, the homes offer three bedrooms and two full bathrooms, while a generous off-street parking area accommodates approximately three to four vehicles, an especially valuable feature in this part of Long Beach. The gated property also includes outdoor space and additional storage, adding functionality beyond the interiors themselves. Previous improvements over the years include upgraded electrical, exterior tesla charger, copper plumbing, roof replacement, exterior stucco, flooring, and kitchen and bathroom cabinetry. With no HOA and a location convenient to the restaurants, shops and neighborhood energy of Zaferia. Equally conveniently located near Long Beach City College, parks, public transit and major thoroughfares, this is more than a traditional duplex. It is an opportunity to own a Long Beach property with built-in flexibility, income potential, and two distinct residences working together under one address. May be delivered vacant!
Location
Long Beach, Los Angeles County, CA 90804
Open on Google Maps ↗Listed by: Keegan Cin · Coldwell Banker Realty
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$5,845
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $72,500 · Loan: $652,500
Average 30-yr fixed rate 7.40% as of Oct 8, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $4,518
- Property tax (1.25%)
- $755
- Homeowners insurance
- $300
- Mortgage insurance
- $272
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Oct 8, 2026
- 30-year fixed
- 7.40%
- 15-year fixed
- 6.73%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down+
First-time and repeat buyers can purchase this Long Beach home with as little as 3.5% down using an FHA loan — roughly $25,375 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
See Long Beach, CA 90804 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor, Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
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