111 Bay Shore Avenue, Long Beach, CA 90803 - MLS#PW25068214

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Arash Rokni

Big Block Realty

arash@roknigroup.com +1(619) 762-0777

$2,695,000

Est. payment - /mo

2 Beds

1 Bath

3,649 Sqft Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW25068214

Bedrooms 2

HOA Y/N No

Lot Size 3,649 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

Mid Century Beach Front Property with Expansive Bay Views, Generational Legacy Asset with Endless Possibilities, Flexible Space and Development Opportunities, Two Spacious Two Bedroom / One Bathroom Units: Average Unit Size Over 1,000 Square Feet, Amenities That All Tenants Value: Synergized Outdoor Space, Washers and Dryers in Each Unit, Private Parking, 90 Walk Score Walkers Paradise, Ability to Add Two Additional ADU Units to Increase Value for a New Investor Tenants enjoy living in the Belmont shore Neighborhood East of Downtown Long Beach, a short distance to local beaches, California State University of Long Beach, as well as shopping, restaurants, and nightlife. The city of Long Beach continues to progress forward and is currently experiencing major redevelopment. The Long Beach port is undergoing $4.4 billion in future redevelopment that will create 14,000 new and permanent jobs in Southern California. The city is undergoing a building boom with more than $5 billion in private and public investments in various stages of development. The new $520 million Long Beach Civic Center development will house a new City Hall, Port of Long Beach headquarters and the Main Library. Long Beach sustains its ability to attract renters due to its strong economy and quality of life.
Mid Century Beach Front Property with Expansive Bay Views, Generational Legacy Asset with Endless Possibilities, Flexible Space and Development Opportunities, Two Spacious Two Bedroom / One Bathroom Units: Average Unit Size Over 1,000 Square Feet, Amenities That All Tenants Value: Synergized Outdoor Space, Washers and Dryers in Each Unit, Private Parking, 90 Walk Score Walkers Paradise, Ability to Add Two Additional ADU Units to Increase Value for a New Investor Tenants enjoy living in the Belmont shore Neighborhood East of Downtown Long Beach, a short distance to local beaches, California State University of Long Beach, as well as shopping, restaurants, and nightlife. The city of Long Beach continues to progress forward and is currently experiencing major redevelopment. The Long Beach port is undergoing $4.4 billion in future redevelopment that will create 14,000 new and permanent jobs in Southern California. The city is undergoing a building boom with more than $5 billion in private and public investments in various stages of development. The new $520 million Long Beach Civic Center development will house a new City Hall, Port of Long Beach headquarters and the Main Library. Long Beach sustains its ability to attract renters due to its strong economy and quality of life.

Location

State CA

County Los Angeles

Area Long Beach (90803)

Zoning Assessor

Building

Lot Description Sidewalks

Story 2

Lot Size Range 1-3999 SF

Level or Stories 2 Story

Others

Monthly Total Fees $42

Acceptable Financing Cash, Exchange

Space Rent $6,000

Listing Terms Cash, Exchange

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Listed by Kevin King • Marcus & Millichap

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Arash Rokni

REALTOR® | CADRE# 02005305

+1(619) 762-0777 | arash@roknigroup.com

San Diego Communities

111 Bay Shore Avenue Long Beach, CA 90803

Arash Rokni

Key Details

Location

Building

Others

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