1605 E 1st Street Active

Long Beach,CA 90802

$ 2500000

- Bed

0 Bath

4971 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 4,971 sqft

Price per Sqft $502

MLS Listing ID CL25588185

Year Built 1988

Lot Size 8,273 Sqft

Property Sub-Type Other

Property Description

This coastal investment property is located within a historic district, minutes to the beach with small shops, coffee houses, restaurants, proximate to Marine Stadium, Alamitos Bay, and Naples Island. Convenient to public transportation and freeway access, with proximity to Cal State Long Beach. An incredible unit mix, consisting of a classic 3-bedroom/2-bath house, plus four newer condominium-style units, composed of three 3-bedroom/2-bath units and one 2-bedroom/2-bath unit. All units are separately metered and have upgraded appliances, including washers and driers. The property is well maintained and nicely landscaped, with a solar-camera security system. There are five tandem garages, offering two parking spaces per unit, a big plus in an area where parking is at a premium. PRICE REDUCED with a 6% CAP RATE!

Location

State CA

County Los Angeles

Zoning LBR4

Interior

Heating Other

Cooling None

Laundry Dryer,Laundry Room,Washer

Building

New Construction No

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