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$ 1,799,000
Est. payment | /mo
6,329 Sqft Lot
$ 1,799,000
Est. payment | /mo
6,329 Sqft Lot
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Subdivision Downtown (Dt)
MLS Listing ID PW24247969
HOA Y/N No
Year Built 1959
Lot Size 6,329 Sqft
Property Description
Investment Opportunity; 7-Unit Property Near Downtown Long Beach. This 7-unit property is an excellent option for investors looking to maximize rental income. Located near downtown Long Beach, it is surrounded by numerous apartment buildings, ensuring a steady demand for housing in the area.
The property includes four vacant units, ready to be rented at market rates, offering immediate income potential. Each unit features 1 bedroom and 1 bathroom, making them highly attractive to a wide range of tenants.
Conveniently located near public transportation, shops, and local amenities.
The property includes four vacant units, ready to be rented at market rates, offering immediate income potential. Each unit features 1 bedroom and 1 bathroom, making them highly attractive to a wide range of tenants.
Conveniently located near public transportation, shops, and local amenities.
Location
State CA
County Los Angeles
Area 4 - Downtown Area, Alamitos Beach
Zoning LBR2N
Interior
Fireplace No
Laundry None
Exterior
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Curbs
Total Parking Spaces 4
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 7266003013
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Special Listing Condition Standard
Listed by Visakha Sir • REMAX Proper • 562-310-3742