PRICED TO SELL. 10 units located blocks from Downtown Long Beach where over $8BB in Redevelopment is happening. Subject to AB 1482 Rent Control (5% + CPI increases). 3 structures on a the lot. All units have been heavily remodeled with new kitchens, baths, flooring and W/D's. 5.9% CAP and only $313/SF. Property has new windows, landscaping, lighting and garage doors and is professionally managed. Electrical was redone in 2020. All units have W/D's in them. 4 garages with additional parking for 4 cars outside. Garages are leased for $675/month total. EMAIL LISTING AGENT FOR MORE INFO INCLUDING A RENT ROLL AND OM.
|
DAYS ON MARKET
|
24
|
LAST UPDATED
|
2/3/2025
|
|
YEAR BUILT
|
1929
|
COMMUNITY
|
Downtown Area, Alamitos Beach
|
|
GARAGE SPACES
|
4.0
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COUNTY
|
Los Angeles
|
|
STATUS
|
Active
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PROPERTY TYPE(S)
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Residential Income
|
| AIR |
None |
| AREA |
Downtown Area, Alamitos Beach |
| GARAGE |
Assigned, Yes |
| HEAT |
Wall Furnace |
| LOT |
7506 sq ft |
| PARKING |
Assigned |
| STORIES |
2 |
| ZONING |
LBPD10 |
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Listed with The Agency
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2/22/25 9:40 PM PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
This IDX solution is (c) Diverse Solutions 2025.
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