We are pleased to present a well maintained 19 unit apartment building in Long Beach, California. The property is well located just steps from Bixby Park and the Pacific Ocean in Long Beachs vibrant Alamitos Beach neighborhood. The propertys excellent location also offers tenants convenient access to the numerous popular dining, shopping and entertainment opportunities on Broadway, Retro Row and in the rapidly redeveloping Downtown Long Beach. 1912 East 2nd Street consists of a two story 1923 construction building that contains 11 studios, 6 one bed/one bath and 2 one bed/one and one half bath units. The property is securely gated and boasts a well maintained art deco facade, an inner courtyard, and a two car garage in the rear. Parking is a highly sought after amenity in this neighborhood and could demand premium additional income. The property also has RUBS in place to lower ownership's expense. 1912 E 2nd is priced attractively at a 11.60 GRM, and a 5.40% cap rate with 20% upside in NOI to low 10 times gross and a 6.46% cap rate. The excellent location combined with strong cash flow makes it an outstanding opportunity for an investor to add value and capture substantial potential upside in rents and long term appreciation.