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$ 1,675,000
Est. payment | /mo
7 Beds
7 Baths
3,678 Sqft Lot
$ 1,675,000
Est. payment | /mo
7 Beds
7 Baths
3,678 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Subdivision Alamitos Beach (Ab)
MLS Listing ID RS26183158
Bedrooms 7
Lot Size 3,678 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Rare Opportunity to Own an updated 4-Unit Investment Property Less Than a Mile from the Beach! Ideally situated between North Alamitos Beach and Rose Park South, this well-maintained and low-maintenance fourplex offers an exceptional opportunity for anyone looking to own income property. Located just minutes from Shoreline Village, with lots of dining options, entertainment, shopping, and all that coastal Long Beach has to offer. The property consists of three spacious 2-bedroom, 2-bath units and one 1-bedroom, 1-bath unit. Each residence features its own private carport and dedicated laundry room with washer and dryer hookups, providing tenants with the convenience and privacy rarely found in comparable properties. Additional storage throughout the property further enhances its desirability. One of the most attractive features is the flexibility this property provides. Two of the units are expected to be delivered vacant at the close of escrow, allowing the new owner the opportunity to select their own tenants and establish current market rents from day one. Whether you're looking to maximize cash flow immediately or occupy one unit while leasing the others, this property offers tremendous upside. With its upgraded condition, low-maintenance design, excellent unit mix, and prime location between North Alamitos Beach and Rose Park South, this is a rare investment opportunity in one of Long Beach's most desirable coastal neighborhoods.
Location
State CA
County Los Angeles
Zoning Assessor
Direction Cross streets Chrerry Ave and E. 7th st.
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 7266023005
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Maria Palacios, DRE#01378393 Coldwell Banker Envision
Nearby Locations
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Ryan Main
Partner Lic# 1980609