What an absolutely fantastic mixed use property on 2 separate lots!! There are 2 large commercial units in the front building with a gorgeous remodeled 3 bedroom 1 bath unit above offering a new kitchen, inside laundry and private balcony off of the primary bedroom. All 3 bedrooms are huge and there is loads of storage. The second building is a duplex with a fully remodeled 1 bedroom, 1 bath on the lower level that has huge rooms and even private inside laundry! There is a spacious 2 bedroom on the second level, also fully remodeled and offers 2 balconies! There is off-street parking for multiple cars behind the gated driveway. The current owner has remodeled all of the residential units to include, new flooring, paint, light fixtures, doors, kitchens, updated bathrooms and all stoves & refrigerators. The commercial units are in wonderful shape occupied by a hair salon and a dog grooming salon. Now, possibly the best part. The current owner has preliminary approval from the City of Long Beach to build 20 micro units! Architectural plans, structural plans, and other related plans have been completed at a cost of roughly $100K. These plans will be given to the new buyer so they can jump start the process right at the finish line! The new buyer could keep this property in it's current state with wonderful tenants or invest in a new larger complex! The Owner has his eye on another larger property and will look at all offers on this one! This is the deal you've been looking for with endless development possibilities!!
DAYS ON MARKET
|
177
|
LAST UPDATED
|
2/17/2023
|
TRACT
|
Downtown (DT)
|
YEAR BUILT
|
1909
|
COMMUNITY
|
Downtown Area, Alamitos Beach
|
COUNTY
|
Los Angeles
|
STATUS
|
Sold
|
PROPERTY TYPE(S)
|
Residential Income
|
APPLIANCES |
Gas Oven, Refrigerator |
AREA |
Downtown Area, Alamitos Beach |
CONSTRUCTION |
Clapboard |
GARAGE |
Driveway, Gated, Paved |
HEAT |
Wall Furnace |
HOA DUES |
0 |
INTERIOR |
Balcony, Ceiling Fan(s) |
LOT |
5751 sq ft |
LOT DESCRIPTION |
Near Public Transit |
PARKING |
Driveway,Gated,Paved |
POOL DESCRIPTION |
None |
SEWER |
Private Sewer |
STORIES |
2 |
SUBDIVISION |
Downtown (DT) |
UTILITIES |
Cable Connected,Sewer Connected,Water Connected |
VIEW |
Yes |
VIEW DESCRIPTION |
City Lights |
WATER |
Public |
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Listed with The Mohler Real Estate Group
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Based on information from California Regional Multiple Listing Service, Inc. as of 4/18/24 9:55 AM PDT 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
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