$2,000,000
$2,050,000
2.4%For more information regarding the value of a property, please contact us for a free consultation.
6,359 Sqft Lot
SOLD DATE : 10/31/2013
Key Details
Sold Price $2,000,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Belmont Shore (Bsd)
MLS Listing ID PW13140576
Sold Date 10/31/13
HOA Y/N No
Year Built 1923
Tax Year 2012
Lot Size 6,359 Sqft
Property Description
We are proud to offer a well-maintained, attractive apartment building located in heart of the Belmont Shore community in the city of Long Beach. The subject property is located just minutes from the beach and bay and situated within close proximity to 2nd Street where numerous restaurants and shopping centers are located. The location attracts a strong renter pool who values the beach city life style.
Built in 1923, the subject property has 5,522 rentable square feet, with a lot size of 6,360 square feet. The unit mix consists of five one-bedroom/one-bath units, two two-bedroom/one-bath units, and one two-bedroom/two-bath unit. This is an extraordinary opportunity for an investor to acquire a quality asset in a prime location with true rental upside and stable return.
Location
State CA
County Los Angeles
Area 1 - Belmont Shore/Park, Naples, Marina Pac, Bay Hrbr
Interior
Fireplace No
Exterior
Garage Spaces 5.0
Garage Description 5.0
Pool None
Community Features Sidewalks
Total Parking Spaces 5
Private Pool No
Building
Lot Description 6-10 Units/Acre
Story Two
Entry Level Two
Sewer Unknown
Water Public
Level or Stories Two
Others
Tax ID 7256020002
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with Kevin King • Marcus & Millichap