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This coastal investment property is located within a historic district, minutes to the beach with small shops, coffee houses, restaurants, proximate to Marine Stadium, Alamitos Bay, and Naples Island. Convenient to public transportation and freeway access, with proximity to Cal State Long Beach. An incredible unit mix, consisting of a classic 3-bedroom/2-bath house, plus four newer condominium-style units, composed of three 3-bedroom/2-bath units and one 2-bedroom/2-bath unit. All units are separately metered and have upgraded appliances, including washers and driers. The property is well maintained and nicely landscaped, with a solar-camera security system. There are five tandem garages, offering two parking spaces per unit, a big plus in an area where parking is at a premium. PRICE REDUCED with a 6% CAP RATE!
Property Type(s):
Residential Income
| Last Updated | 3/6/2026 | Year Built | 1988 |
|---|---|---|---|
| Community | 4 - Downtown Area, Alamitos Beach | Garage Spaces | 10.0 |
| County | Los Angeles |
Price History
| Prior to Oct 13, '25 | $3,215,000 |
|---|---|
| Oct 13, '25 - Nov 11, '25 | $2,995,000 |
| Nov 11, '25 - Feb 4, '26 | $2,500,000 |
| Feb 4, '26 - Mar 6, '26 | $2,450,000 |
| Mar 6, '26 - Today | $2,350,000 |
Additional Details
| AIR | None |
|---|---|
| APPLIANCES | Dishwasher, Dryer, Microwave, Refrigerator, Washer |
| AREA | 4 - Downtown Area, Alamitos Beach |
| GARAGE | Yes |
| HEAT | Fireplace(s) |
| LOT | 8272 sq ft |
| LOT DIMENSIONS | 8273 |
| PARKING | Garage, Tandem |
| STORIES | 2 |
Location
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Listed with WRE SoCal, Inc.
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