1024 Loma Avenue, Long Beach, California 90804
- $2,250,000
- $2,250,000
Overview
- Mixed Use, Residential Income
- 4258 Sqft
- 1953
Description
1024 Loma Avenue is an 8-unit apartment asset located in prime Eastside Long Beach, California offered at 11.95 GRM and 5.50% cap rate on current rents. The property is comprised of (1) 2BD / 2BA unit, (1) 2BD / 1BA unit, and (6) 1BD / 1BA units. There is ample parking of ten (10) surface spaces. All of the units have been fully remodeled with recessed lighting, new flooring, new kitchen countertops, cabinetry, and stainless steel appliance, new bathroom vanities, tiling, and modern fixtures and features throughout. All renovated units offer in- unit washers and dryers. The property is located in a prime Eastside neighborhood with a 91 Walk Score.
Address
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Address: 1024 Loma Avenue
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City: Long Beach
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State/county: CA
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Zip/Postal Code: 90804
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Area: Eastside (ES)
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Country: US
Details
Updated on March 12, 2024 at 9:07 pm-
Property ID PW23222006
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Price $2,250,000
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Property Size 4258 Sqft
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Land Area 0.1998 Acres
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Year Built 1953
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Property Type Mixed Use, Residential Income
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Property Status Closed
Additional details
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Listing Terms Cash, Cash to New Loan, 1031 Exchange
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Sewer Public Sewer
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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 Sidewalks
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