Description
We are pleased to present an 8-unit apartment building in long beach, california. built in 1961, this property offers 6,300 rentable square feet on a 7,210-square-foot lot. the unit mix includes four 1-bedroom/1-bathroom units and four 2-bedroom/1-bathroom units.
all eight units have been upgraded, and the entire building features copper plumbing. additional improvements include a new roof installed in 2022 and updated electrical panels replaced in 2023. the property is separately metered for electricity and gas, with additional income generated from an onsite laundry facility. residents also benefit from eight dedicated parking spaces.
situated in the desirable lakewood village neighborhood, the property is conveniently located near shopping, dining, long beach city college, california state university long beach, and long beach airport.
long beach is undergoing significant redevelopment, with the $4.4 billion expansion of the long beach port expected to create 14,000 new permanent jobs in southern california. additionally, the city is experiencing a construction boom, with over $5 billion in private and public investments currently in progress. the new $520 million long beach civic center now houses city hall, the port of long beach headquarters, and the main library.
with its strong economy, high quality of life, and ongoing revitalization, long beach remains an attractive rental market. this property boasts a history of high occupancy and offers significant upside potential for rental income.
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
48545854
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
Interior Features
- Fireplace: None
Fireplace
- Fireplace Features: None
- Has Fireplace: 0
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Exterior Features
Building Information
- Year Built: 1961
- Building Area Total: 6,300
Pool Features
- None
Laundry Features
- Common Area
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Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.1655
- Lot Size Source: Assessor
- Lot Size Square Feet: 7210
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Listing Information
Listing Price Information
- Original List Price: 2,625,000
- Listing Contract Date: 2025-02-06
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 7180017025
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Detached Carport
Homeowners Association
Rental Info
- Lease Term: Negotiable
- Tenant Pays: Electricity,Gas
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School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: 29 - Lakewood Village
- Postal Code Plus 4: 1219
- Directions: North of Carson Ave, south of Del Amo and East of Lakewood Blvd.
- Zoning: LBR4R
- Source Property Type: Residential Income
- Area: 29 - Lakewood Village
- Property SubType: Apartment
Building and Construction
- Property Age: 64
- Common Walls: 2+ Common Walls
- Structure Type: Apartment
- Year Built Source: Assessor
- Entry Level: 1
- Entry Location: 1
- Property Attached: Yes
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BuyOwner last updated this listing 02/22/2025 @ 07:40
- MLS: PW25028496
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is for sale, it has 6,300 sqft, 7,210 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Long Beach , in zip code 90808, this Los Angeles County Home , it is in the Lakewood Village (LKVL) Subdivision, are nearby neighborhoods.