1621 E 5th Street, Long Beach, California 90802
- $2,500,000
- $2,500,000
Overview
- Apartment, Residential Income
- 12.0
- 1 Sqft
- 1986
Description
8-UNIT BUILDING LESS THAN A MILE TO THE OCEAN in Alamitos Beach in Long Beach. You must drive by this 8-unit building of 2 bedrooms, and 2 baths each unit has its own balcony. Gated 12 parking spaces and a Laundry room on ground level with room to improve rents. All 8 units are separately metered for Gas and Electricity. Units each have a comfortable layout with a master suite with an ensuite full bath then a second bedroom and another full bath in the hall. is in a great pocket neighborhood on 5th St. Built in ’87 Well-maintain building fully occupied and the owner has invested in remodeled with floors, paint, appliances, etc. Top floor 4 units have cathedral ceilings for a very open feel. Great location minutes from the beach, restaurants, grocery stores, Retro Row on 4th Street (between Cherry and Junipero), close to Cal State Long Beach, Long Beach Community College 710 & 605 freeways, and transportation. You will not find a better return for this condition of building. The building is virtually turn-key with an upside in rental income to boot! THE SELLER IS MOTIVATED AND ENTERTAINING ALL OFFERS!
Address
Open on Google Maps-
Address: 1621 E 5th Street
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City: Long Beach
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State/county: CA
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Zip/Postal Code: 90802
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Area: Alamitos Beach (AB)
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Country: US
Details
Updated on February 23, 2024 at 11:14 pm-
Property ID PW23204691
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Price $2,500,000
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Property Size 1 Sqft
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Land Area 0.1549 Acres
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Garages 12.0
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Year Built 1986
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Property Type Apartment, Residential Income
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Property Status Closed
Additional details
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Listing Terms Cash to Existing Loan, Trust Deed
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Sewer Public Sewer
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Heating Wall Furnace
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County Los Angeles
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Property Type Residential Income
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Pool None
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Community Features Street Lights
Mortgage Calculator
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