$2,375,000
$2,450,000
3.1%For more information regarding the value of a property, please contact us for a free consultation.
5,799 SqFt
SOLD DATE : 10/27/2023
Key Details
Sold Price $2,375,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 5,799 sqft
Price per Sqft $409
MLS Listing ID CROC23139674
Sold Date 10/27/23
HOA Y/N No
Year Built 1965
Lot Size 5,850 Sqft
Acres 0.13
Property Sub-Type Other
Property Description
SELLER FINANCING AVAILABLE! First Time Ever For Sale! The property boasts an outstanding unit mix of: 1 - 3 Bedroom / 1.75 Bath, 2 - 3 Bedroom / 1.5 Bath & 3 - 2 Bedroom / 1.75 Bath Units, while also allowing for a competitive 5.12% Actual CAP rate, with generous upside still available. This complex also offers (8) garages (1 with direct access), as well as a convenient large on-site laundry room. Additionally, an investor will benefit from a newer roof and exterior paint, both of which were done within the last 5 years. Due to the excellent Eastside location, tenants to have close proximity to the many restaurants/shops in the traffic circle, Long Beach State University, and Recreation Park!
Location
State CA
County Los Angeles
Zoning LBR3
Interior
Fireplace No
Laundry Other
Building
Lot Description Other
Sewer Public Sewer
Water Public
New Construction No
Others
Tax ID 7241005011
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© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Bought with MichaelO'neill Ii
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "