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$3,000,000
Est. payment /mo
3 Beds
3 Baths
6,620 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active Under Contract
Purchase Type For Sale
Subdivision Eastside (Es)
MLS Listing ID IV26048033
Bedrooms 3
Lot Size 6,620 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Nine-unit multifamily property located in the Eastside area of Long Beach just north of Pacific Coast Highway near the Traffic Circle. Built in 1987, the property consists of one two-story building on an approximately 0.15-acre lot and features a strong unit mix of eight 2-bedroom/2-bath units and one 1-bedroom/1-bath unit. Several units have been updated with renovated interiors and newer appliances, providing a clean, well-maintained asset with solid in-place income and potential for additional rental growth. Gas and electricity are separately metered and paid by tenants. Conveniently located near major retail corridors, transportation routes, Downtown Long Beach, and coastal amenities including Alamitos Beach.
Location
State CA
County Los Angeles
Zoning Public Rec
Direction N of PCH, turn N on Cherry Ave, then E on Stanley Ave.
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 7260029016
Acceptable Financing Conventional
Listing Terms Conventional
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Listed by DARREN CORREA, DRE#02066621 LE INVESTMENT GROUP
Nearby School & Business
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