$1,950,000
$2,250,000
13.3%For more information regarding the value of a property, please contact us for a free consultation.
6,156 SqFt
SOLD DATE : 06/22/2018
Key Details
Sold Price $1,950,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 6,156 sqft
Price per Sqft $316
Subdivision Alamitos Beach (Ab)
MLS Listing ID PW18069429
Sold Date 06/22/18
HOA Y/N No
Year Built 1929
Property Description
The East 5th Street Apartments is an 8 unit apartment community located in North Alamitos Beach submarket of Long Beach. Its close proximity to the East Village, Alamitos Beach and short distances to Downtown(to the West), Shoreline Village & Retro Row(to the East) makes this a central location to many activities and amenities. Investors have the opportunity to acquire a recently upgraded building with strong in place rents. The property is comprised of two separate buildings and consists of two one-bedroom units, four two-bedroom units and two three-bedroom units with gated access, a side yard and center yard between the two buildings. Onsite Laundry available. The asset also boasts 7 garages and 3 parking spaces. All units have been renovated and feature bright, open floor plans.
Location
State CA
County Los Angeles
Area 4 - Downtown Area, Alamitos Beach
Zoning LBR3S
Rooms
Ensuite Laundry Common Area, Outside
Interior
Laundry Location Common Area,Outside
Fireplace No
Laundry Common Area, Outside
Exterior
Garage Spaces 7.0
Garage Description 7.0
Pool None
Community Features Sidewalks
Total Parking Spaces 10
Private Pool No
Building
Lot Description Front Yard
Sewer Unknown
Water Public
New Construction No
Others
Senior Community No
Tax ID 7266010022
Energy Description 1300.0
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Financing Conventional
Special Listing Condition Standard
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Bought with Jonathan Swire • The Agency
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3631 Truxel Rd # 1081, Sacramento, CA, 95834, United States