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Listed by Rick Applebaum • Morgan Skenderian
$ 1,850,000
Est. payment | /mo
5,406 SqFt
$ 1,850,000
Est. payment | /mo
5,406 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 5,406 sqft
Price per Sqft $342
MLS Listing ID CRPW24222871
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1943
Lot Size 6,227 Sqft
Property Description
Discover an exceptional investment opportunity with this multifamily property in the sought-after Long Beach area. Boasting a 5,406 SF building with 8 two-bedroom units, this charming property, built in 1943, offers a prime location and impressive potential for a low-rise/garden investor. The added value opportunity provides the investor with the ability to purchase a heavily discounted asset and achieve above market returns through capital improvements and increased rental income. With its desirable address and strong rental demand, this property presents a lucrative investment for those seeking to expand their portfolio in the thriving Long Beach market. Take advantage of this chance to own a piece of Long Beach's rich real estate landscape.
Location
State CA
County Los Angeles
Interior
Fireplace No
Laundry No Hookups
Building
Lot Description Other
Water Public
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