$1,875,000
$1,895,000
1.1%For more information regarding the value of a property, please contact us for a free consultation.
3,408 SqFt
SOLD DATE : 10/21/2021
Key Details
Sold Price $1,875,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,408 sqft
Price per Sqft $550
Subdivision Alamitos Beach (Ab)
MLS Listing ID PW21192288
Sold Date 10/21/21
HOA Y/N No
Year Built 1953
Lot Size 3,772 Sqft
Acres 0.0866
Property Description
1620 E. Appleton Street is an 8-unit multifamily investment property located in the Alamitos Beach area of Long Beach. The building consists of (1) 2bd/1bth unit, (7) 1bd/1bth units, and one single car garage. Built in 1953 the building is comprised of approx. 3,408 SF, and separately metered for gas and electricity. The 2bd/1bth units was nicely remodeled in 2017. Approximate 30% upside in the rents. Great location with convenient access to Downtown Long Beach, 710 FWY, Shops and Restaurants on Broadway, and the beach. Property to be sold "As-IS", no credits, repairs or price reductions.
Location
State CA
County Los Angeles
Area 4 - Downtown Area, Alamitos Beach
Zoning LBR2N
Rooms
Ensuite Laundry None
Interior
Laundry Location None
Fireplace No
Laundry None
Exterior
Garage Spaces 1.0
Garage Description 1.0
Pool None
Community Features Sidewalks
Total Parking Spaces 1
Private Pool No
Building
Lot Description Walkstreet
Sewer PublicSewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 7275012009
Acceptable Financing Cash, CashtoNewLoan, Item1031Exchange
Listing Terms Cash, CashtoNewLoan, Item1031Exchange
Financing Cash
Special Listing Condition Standard
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3631 Truxel Rd # 1081, Sacramento, CA, 95834, United States