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Located in the heart of Long Beach, this multi-unit apartment building offers a prime investment opportunity for those looking to capitalize on the city's growing real estate market. The building features a mix of one and two bedroom units, providing a diverse tenant base and consistent rental income potential. In addition, there's a possibilitiy to build add-on units in the empty lot. Its proximity to public transportation, shopping centers, and local amenities makes it an attractive option for renters. With steady demand for affordable housing in the area, this property promises significant appreciation and potential for renovations that can further increase its value over time.
Property Type(s):
Residential Income
| Last Updated | 10/1/2024 | Tract | Lakewood City/Long Beach (LCB) |
|---|---|---|---|
| Year Built | 1957 | Community | Lakewood City |
| Garage Spaces | 1.0 | County | Los Angeles |
Additional Details
| AREA | Lakewood City |
|---|---|
| GARAGE | Yes |
| LOT | 4882 sq ft |
| LOT DESCRIPTION | 0-1 Unit/Acre |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| SUBDIVISION | Lakewood City/Long Beach (LCB) |
| WATER | Public |
| ZONING | LBR1N |
Location
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Listed with Koinos Real Estate Group
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 2024.
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