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Listed by Christopher Walker • Triqor Group
$ 5,900,000
Est. payment | /mo
15,120 SqFt
$ 5,900,000
Est. payment | /mo
15,120 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Pending
Purchase Type For Sale
Square Footage 15,120 sqft
Price per Sqft $390
MLS Listing ID CRPW24241218
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1964
Lot Size 0.280 Acres
Property Sub-Type Other
Property Description
This well-maintained property is located in Alamitos Beach, next to Bixby Park. Considerable value add with approximately 50% in rental upside. This property offers a unit mix with (18) eighteen two-bedrooms and (2) two one-bedroom. Each unit is individually metered for electricity and gas, providing residents with greater control over utility costs. Recent upgrades include copper plumbing, vinyl windows, and a new roof. The property is on two parcels, two ten units each, eliminated the requirement for an onsite manager. This property offers its tenants with ample parking with Ten (10) Enclosed Garages and eight tandem spaces. The units themselves are well-appointed with gas cooking, electric heating, hardwood floors, and ceiling fans, and wall heaters ensuring a comfortable living environment.
Location
State CA
County Los Angeles
Interior
Fireplace No
Laundry Other
Building
Lot Description Other
Water Public
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