
True Property Management | Kurt Galitski
2973 Harbor Blvd #532 Costa Mesa Ca. 92626 (Mail Only)
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866-957-6677421 W. 3rdLong Beach, CA 90802ActiveSave
5BD
5BA
5100SqFt
UPDATED
Key Details
Property Type Multi-Family, Income Property
Listing Status Active
Purchase Type For Sale
Square Footage 5,100 sqft
Price per Sqft $470
Lot Size 7,501 Sqft
Year Built 1910
MLS Listing ID PW20029181
Style Craftsman
Subdivision Alamitos Beach (Ab)
Bedrooms 5
Total Units 7
HOA Y/N No
Property Description
Price improvement and priced to sell! A perfect downtown Long Beach investment property. Totally TURN KEY with 7 unique units located in the heart of a fast growing city and only 3 blocks to the beach. This property also falls within the PD-30 Plan for downtown and located in the height incentive area for future investors to build up! Each unit is metered separately for gas and electric, has its own tankless water heater AND has private laundry inside each unit. WOW! There are 4 large one bedroom one bath with a lovely balance of upgrades yet keeping the charm alive with exposed beams, hardwood floors and built-ins. Each unit also has their own outdoor balcony space. The 5th one bedroom one bath is a totally remodeled, very popular Air B&B that brings more income to this investment property. Upstairs is a gorgeous 3 bedroom 2 bath with gas fireplace and comes with 2 parking spaces. The last unit is an adorable studio apartment. There are 5 parking spaces on site and one separate garage space on the property. This property is at 100% capacity and tenants that do not park on site, have assigned parking directly across the street at the Gallery. A modern courtyard separates the two structures complete with lounge seating and eating area. This property has 3 security gates that allows for private entry. This investment property has it all. Close to THE PIKE, shoreline drive, the promenade and freeways. Great opportunity for a 10-31 exchange!!
Location
State CA
County Los Angeles
Area 4 - Downtown Area, Alamitos Beach
Interior
Laundry Inside
Flooring Wood
Exterior
Garage Assigned
Garage Spaces 1.0
Fence Security
Pool None
Community Features Biking
Building
Lot Description 0-1 Unit/Acre
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Special Sale Standard
Lease Land No
Unit 1
Beds 1
Baths 1
Furnished Unfurnished
Unit 2
Baths 1
Furnished Unfurnished
Unit 3
Beds 3
Baths 2
Furnished Unfurnished
Unit 4
Beds 1
Baths 1
Garages 1
Furnished Furnished
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Listing provided by Compass
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