Presenting an exceptional investment opportunity in Long Beach, CA. This distinguished 14,842 SF building, comprising 22 units, is tailor-made for savvy multifamily/low-rise/garden investors. Built in 1962, the property is strategically positioned in the thriving Long Beach rental market. With its newer windows, a superb mix of one- and two-bedroom ?oorplans, garage parking, separately metered for gas and electric, and on-site laundry facilities, this property offers a seamless and lucrative investment potential. Situated on two, adjacent parcels, the property does not require any on-site management. Don't miss out on this chance to add a robust asset to your portfolio. Schedule a viewing today and unlock the full potential of this exceptional property.
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Listing Snapshot
Price
$4,500,000
Days On Site
63 Days
Bedrooms
N/A
Inside Area (SqFt)
14,842 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.2995 Acres
Year Built
1962
MLS® Number
OC25117518
Status
Pending
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
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Recent Activity
2 weeks ago
Status changed to Pending
2 weeks ago
Listing updated with changes from the MLS®
2 months ago
Listing first seen on site
General Features
Acres
0.2995
Garage
Yes
Garage Spaces
13
Number Of Stories
2
Parking
Assigned
Parking Spaces
13
Property Sub Type
Apartment
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Total
14842
Stories
Two
Water Source
Public
Zoning
LBR2N
Interior Features
Laundry Features
Common Area
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Exterior Features
Pool Features
None
Roof
Flat
Community Features
Building Access
Front
Community Features
CurbsSidewalks
Financing Terms Available
Cash1031 Exchange
MLS Area
699 - Not Defined
This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.