Location, Location, Location, 12 Units in one of Long Beachs most sought-after neighborhoods. This lovely single-story multi-unit apartment consists of 12 single units, All units are well maintained and some of them have been updated with new flooring, newer kitchen cabinets, and updated bathrooms, Property is located only a short distance from the water and close to coffee shops, restaurants, entertainment, public transportation, Enjoy world-class coastal living at its finest in this beautiful area that will yield investors a nice appreciation play for the future, This property will attract high-quality tenants and generate strong returns for years to come do not this opportunity to own a piece of one of the best areas of Long Beach.
Property Features
Bathrooms
Heating and Cooling
- Heating Features: Wall Furnace
- Heating: Yes
Land Info
- Lot Description: 0-1 Unit/Acre
- Lot Size Acres: 0.1895087
- Lot Size Source: Assessor
- Lot Size Square Feet: 8255
Multi-Unit Info
- Number of Units: 12
- Unit Features: Bathrooms in Unit 11 : 1, Bathrooms in Unit 12 : 1
- Total Bathrooms in Unit-1: 1
- Total Bathrooms in Unit-2: 1
- Total Bathrooms in Unit-3: 1
- Total Bathrooms in Unit-4: 1
- Total Bathrooms in Unit-5: 1
- Total Bathrooms in Unit-6: 1
- Total Bathrooms in Unit-7: 1
- Total Bathrooms in Unit-8: 1
- Total Bathrooms in Unit-9: 1
- Total Bathrooms in Unit-10: 1
Homeowners Association
- Calculated Total Monthly Association Fees: 0
Rental Info
- Number of Units Leased: 12
Amenities and Community Features
- Community Features: Sidewalks
Other Property Info
- Source Listing Status: Active
- County: Los Angeles
- Source Property Type: Residential Income
- Insurance Expense: 5000.00
- Area: 2 - Belmont Heights, Alamitos Heights
- Source Neighborhood: Bluff Park (BLF)
- Number of Separate Electric Meters: 12
- Number of Separate Gas Meters: 12
- Number of Separate Water Meters: 1
- Parcel Number: 7264011005
- Postal Code Plus 4: 5215
- Professional Management Expense: 8000.00
- Subdivision: Bluff Park (BLF)
- Trash Expense: 4000.00
- Zoning: LBR2L
- Source System Name: C2C
Commercial Info
- Net Operating Income: 118170.00
Building and Construction
- Total Square Feet Living: 4920
- Year Built: 1923
- Building Features: 2
- Common Walls: No Common Walls
- Entry Level: 1
- Entry Location: Street
- Property Age: 101
- Roof: Composition
- Levels or Stories: One
- Building Total Stories: 1
- Structure Type: Commercial/Residential
- Year Built Source: Assessor
Utilities
- Sewer: Sewer: Public Sewer, Water Sewer Expense: 12000.00
- Water Source: Public