Long Beach, CA 90802,25 Falcon AVE
Long Beach, CA 90802,25 Falcon AVE
Long Beach, CA 90802,25 Falcon AVE
Long Beach, CA 90802,25 Falcon AVE
Long Beach, CA 90802,25 Falcon AVE
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$1,699,000

$1,699,000

Est.Price: ?

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Est. payment /mo

4,791 Sqft Lot


SOLD DATE : 07/31/2019

Key Details

Sold Price $1,699,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Alamitos Beach (Ab)

MLS Listing ID PW19053374

Sold Date 07/31/19

HOA Y/N No

Year Built 1923

Lot Size 4,791 Sqft

Acres 0.11

Property Description

Prime Alamitos Beach location – Walk to the beach and downtown! This classic Spanish style property offers an investor the opportunity to acquire a true value-added investment with a huge upside in the rent in a location that is one of the best rental areas in Long Beach. The property features 4 very large 2 bedroom 1 bath units. The property was originally constructed in 1923 and is 4,976 square feet of building with 3 garages and one open parking space. The property in its original condition with unit amenities that include hardwood floors, ceramic tile, ceiling fans, gas range stoves, built-in cabinets, ceramic tile counter tops, service porches and some units have laundry hookups. The property includes a courtyard that can be used by all tenants, laundry room and two entry access for all units. This perfect owner/user investment is located in the heart of Alamitos Beach and within one block of the ocean. Walk to downtown, Pike area retail, restaurants, grocery store and East Village Arts District. At this new REDUCED price this is the Best priced per square foot property in this prime Long Beach location.

Location

State CA

County Los Angeles

Area 4 - Downtown Area, Alamitos Beach

Zoning LBR4R

Rooms

Ensuite Laundry Common Area, Inside

Interior

Laundry Location Common Area,Inside

Fireplace No

Laundry Common Area, Inside

Exterior

Garage Spaces 3.0

Garage Description 3.0

Pool None

Community Features Curbs, Gutter(s), Storm Drain(s), Street Lights, Urban

Total Parking Spaces 3

Private Pool No

Building

Lot Description Walkstreet, Yard

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 7265014032

Acceptable Financing Cash to New Loan, 1031 Exchange

Listing Terms Cash to New Loan, 1031 Exchange

Financing Cash to Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by George Bustamante • Coldwell Banker Commercial
Bought with David Rosenfeld • Advantage Real Estate
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+1(530) 801-1761

ricardo@villasellsnorcal.com

3631 Truxel Rd # 1081, Sacramento, CA, 95834, United States

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