1045 East 4th Street Pending

Long Beach,CA 90802

$ 2995000

- Bed

0 Bath

8720 SqFt


Key Details

Property Type Single Family Home

Listing Status Pending

Purchase Type For Sale

Square Footage 8,720 sqft

Price per Sqft $343

Subdivision Alamitos Beach

MLS Listing ID PW-24077362

Year Built 1922

Lot Size 0.275 Acres

Property Description

We are pleased to present a 14 unit apartment building located at 1045 E. 4th Street in Long Beach, California. This is a value-add opportunity in a great location of Alamitos Beach. The subject property is close to 4th Street Retro Row, Downtown Long Beach and 2nd Street in Belmont Shore where there are restaurants, shops, bars, grocery stores and entertainment venues. The subject property consists of 8,720 rentable square feet spread throughout a 11,980 square foot lot. It was built in 1922 and consists of all one bedroom / one bathroom units. The subject property is also separately metered for gas and electricity which helps keep expenses to a minimum. There are a total of 5 garages which are generating income as well. Owners enjoy the high demand for rentals in a coastal city of Southern California. Tenants enjoy living close to the ocean breeze and walking distance to shops, restaurants, cafes, entertainment centers and grocery stores.

Location

State CA

County Los Angeles

Zoning LBCNR

Interior

Laundry None

Exterior

Garage Gated

Garage Spaces 5.0

Pool None

Community Features Curbs,Sidewalks

Building

Lot Description 11-15 Units/Acre

Sewer Public Sewer

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