PRICE $2,353,000 dsIDX morgage calculator
BEDS 0
BATHS 0
HOME SIZE 5,100 sqft
LOT SIZE 7,406 sqft

Price improvement and priced to sell! A perfect downtown Long Beach investment property. Totally TURN KEY with 7 unique units located in the heart of a fast growing city and only 3 blocks to the beach. This property also falls within the PD-30 Plan for downtown and located in the height incentive area for future investors to build up! Each unit is metered separately for gas and electric, has its own tankless water heater AND has private laundry inside each unit. WOW! There are 4 large one bedroom one bath with a lovely balance of upgrades yet keeping the charm alive with exposed beams, hardwood floors and built-ins. Each unit also has their own outdoor balcony space. The 5th one bedroom one bath is a totally remodeled, very popular Air B&B that brings more income to this investment property. Upstairs is a gorgeous 3 bedroom 2 bath with gas fireplace and comes with 2 parking spaces. The last unit is an adorable studio apartment. There are 5 parking spaces on site and one separate garage space on the property. This property is at 100% capacity and tenants that do not park on site, have assigned parking directly across the street at the Gallery. A modern courtyard separates the two structures complete with lounge seating and eating area. This property has 3 security gates that allows for private entry. This investment property has it all. Close to THE PIKE, shoreline drive, the promenade and freeways. Great opportunity for a 10-31 exchange!!

DAYS ON MARKET 541 LAST UPDATED 7/28/2021
TRACT Alamitos Beach (AB) YEAR BUILT 1910
COMMUNITY Downtown Area, Alamitos Beach GARAGE SPACES 1.0
COUNTY Los Angeles STATUS Sold
PROPERTY TYPE(S) Residential Income

PRICE HISTORY
Prior to Mar 26, '20 $2,800,000
Mar 26, '20 - May 4, '20 $2,700,000
May 4, '20 - Jul 12, '20 $2,600,000
Jul 12, '20 - Oct 2, '20 $2,575,000
Oct 2, '20 - Dec 18, '20 $2,500,000
Dec 18, '20 - Today $2,400,000


ADDITIONAL DETAILS
AREA Downtown Area, Alamitos Beach
GARAGE Assigned, Yes
HOA DUES 0
LOT 7405 sq ft
LOT DESCRIPTION 0-1 Unit/Acre
PARKING Assigned
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 2
STYLE Craftsman
SUBDIVISION Alamitos Beach (AB)
WATER Public
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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