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PRICED TO SELL. 10 units located blocks from Downtown Long Beach where over $8BB in Redevelopment is happening. Subject to AB 1482 Rent Control (5% + CPI increases). All units have been heavily remodeled with new kitchens, baths, flooring and W/D's. 5.9% CAP and only $313/SF. Property has new windows, landscaping, lighting and garage doors and is professionally managed. Electrical was redone in 2020. All units have W/D's in them. 4 garages with additional parking for 4 cars outside. Garages are leased for $675/month total. EMAIL LISTING AGENT FOR MORE INFO INCLUDING A RENT ROLL AND OM.
Property Type(s):
Residential Income
| Last Updated | 1/30/2025 | Year Built | 1929 |
|---|---|---|---|
| Community | Downtown Area, Alamitos Beach | Garage Spaces | 4.0 |
| County | Los Angeles |
Additional Details
| AIR | None |
|---|---|
| AREA | Downtown Area, Alamitos Beach |
| GARAGE | Assigned, Yes |
| HEAT | Wall Furnace |
| LOT | 7506 sq ft |
| PARKING | Assigned |
| STORIES | 2 |
| ZONING | LBPD10 |
Location
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Listed with The Agency
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2025.
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