$2,795,000
Turn Key 7-unit apartment building located in a desirable East Side Long Beach neighborhood. The property features an excellent unit mix of all 2 bed / 1 bath units, with all seven units extensively renovated. Six of the units include interior laundry in addition to an onsite laundry room for tenants. Recent capital improvements include a new roof (2022), new windows, new electric sub panels, updated landscaping, fresh exterior paint, and new air conditioning units installed in every unit. The property offers ample parking with 8 driveway spaces and 4 garages. There is potential to convert the existing garages into an ADU (buyer to verify). Ideally located near the Traffic Circle, California State University of Long Beach, Wilson High School, Recreation Park Golf Course, and the shops and restaurants of 2nd Street, providing convenient access to some of Long Beach’s most popular amenities.
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Listed by Cody Charnell with Sage Real Estate Group, Inc. (562) 400-7622
Property Type
Apartment
Status
Active
MLS Number
PW26052261
Year Built
1963
Lot Size
5,854 sq ft