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$ 1,735,000
Est. payment /mo
Price Dropped by $90K
1605 e. Broadway Long Beach, CA 90802
8 Beds
4,120 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Subdivision Alamitos Beach (Ab)
MLS Listing ID SB25131049
Bedrooms 8
Lot Size 4,120 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Welcome to this newly upgraded 4-plex building located in the highly sought after community of Alamitos Beach. Just four blocks from the ocean, and easy access to some of Long Beach's best outdoor living spaces, this asset is a must see! It offers many contemporary finishes in the kitchens and bathrooms, premium flooring, fresh paint, and independent laundry facilities for each unit. Each tenant manages their own utilities since the building is metered with independent gas and electric for each unit. With only 1.5 miles to downtown, you are within close proximity to some of the best restaurants and shops throughout the city. Tenants love living 4 blocks in from Ocean Ave., with easy access to the beach. This great asset remains competitive in the thriving rental market of Long Beach. The city is investing over a billion-dollars to infrastructure upgrades, including re-paving of the local streets, building new residential and commercial real estate projects, re-building bridges, and the ever expanding commerce of the Port of Long Beach. This ensures a stable economic draw to the Long Beach area, thus creating the perfect opportunity of building equity.
Location
State CA
County Los Angeles
Zoning Public Rec
Direction Major cross streets are e. Broadway and Falcon Avenue.
Interior
Cooling Wall/Window
Fireplace No
Exterior
View Y/N No
Roof Type Composition
Building
Story 2
Level or Stories 2
Others
Tax ID 7275012006
Listed by Jessica Fine Compass
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