$3,775,000
$3,950,000
4.4%For more information regarding the value of a property, please contact us for a free consultation.
6,098 Sqft Lot
SOLD DATE : 11/18/2020
Key Details
Sold Price $3,775,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Alamitos Beach (Ab)
MLS Listing ID PW20180940
Sold Date 11/18/20
HOA Y/N No
Year Built 1959
Lot Size 6,098 Sqft
Acres 0.14
Property Description
We are pleased to present a completely remodeled 9-unit apartment building located in the Bluff Heights area of Long Beach, California. Built in 1959, the subject property consists of 6,383 rentable square feet spread throughout a 6,506 square foot lot. The unit mix consists of two 2 bedroom / 1 bathroom units and seven 1 bedroom / 1 bathroom units. There are 6 garages for tenants’ convenience and also used to generate income for the owner. It is separately metered for gas and electricity which helps keep expenses to a minimum. Owners enjoy the high demand for rentals in a coastal city of Southern California. Tenants enjoy living close to the ocean and Downtown Long Beach where there are shops, restaurants, cafes, entertainment centers and grocery stores.
Location
State CA
County Los Angeles
Area 4 - Downtown Area, Alamitos Beach
Zoning LBR1N
Rooms
Ensuite Laundry None
Interior
Laundry Location None
Fireplace No
Laundry None
Exterior
Garage Spaces 6.0
Garage Description 6.0
Pool None
Community Features Curbs, Sidewalks
Total Parking Spaces 6
Private Pool No
Building
Lot Description 6-10 Units/Acre
Sewer Public Sewer, Septic Type Unknown, Unknown
Water Public
New Construction No
Others
Senior Community No
Tax ID 7263005026
Energy Description 1350.0
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with General NONMEMBER • NONMEMBER MRML
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3631 Truxel Rd # 1081, Sacramento, CA, 95834, United States