Long Beach, CA 90815,1701 Park Avenue
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Long Beach, CA 90815,1701 Park Avenue
Long Beach, CA 90815,1701 Park Avenue
Long Beach, CA 90815,1701 Park Avenue
Long Beach, CA 90815,1701 Park Avenue
Listed by Tyler Leeson • Marcus & Millichap RE Invest

$2,920,000

Est. payment /mo

$3,100,000

5.8%
Est.Price: ?

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1701 Park Avenue Long Beach, CA 90815

6,750 SqFt

SOLD DATE : 10/16/2024

Key Details

Sold Price $2,920,000

Property Type Single Family Home

Listing Status Sold

Purchase Type For Sale

Square Footage 6,750 sqft

Price per Sqft $432

Subdivision Circle

MLS Listing ID OC-24151346

Sold Date 10/16/24

Year Built 1961

Lot Size 8,712 Sqft

Property Description

1701 Park Avenue, a 9-unit multifamily investment property located in Long Beach, CA. 1701 Park Avenue offers a highly desirable mix consisting exclusively of two-bedroom units and amenities including garage and carport parking, as well as on-site laundry. 1701 Park Avenue is situated in the highly sought-after Park Estates neighborhood of Long Beach. Residents enjoy the property's prime Long Beach location, with an abundance of hot spots within a 1.5-mile radius of the property. The property is within walking distance of numerous major retail centers surrounding the Los Alamitos Traffic Circle. Additionally, the property is situated in close proximity of both California State University, Long Beach and the Timor Rubin VA Medical Center, two major housing and employment drivers for the city. Furthermore, the property's close proximity to Recreation Park and the Alamitos Bay provides residents with easy access to an abundance of recreation and leisure activities. The property's ideal Long Beach location surrounded by an abundance of recreational, educational, and retail amenities are a primary draw for potential renters. This overall demand for well-located rental units will be a key driver in the continued growth and success at 1701 Park Avenue.

Location

State CA

County Los Angeles

Zoning LBR4R

Interior

Laundry Community

Exterior

Garage Gated

Garage Spaces 3.0

Pool None

Community Features Curbs, Gutters, Sidewalks

Building

Lot Description Level with Street

Sewer Public Sewer

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