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$ 1,995,000
Est. payment | /mo
4 Beds
8,255 Sqft Lot
$ 1,995,000
Est. payment | /mo
4 Beds
8,255 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Subdivision Downtown (Dt)
MLS Listing ID PW24222778
Bedrooms 4
Lot Size 8,255 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Pleased to present 833 E. 1st Street, a 10*-unit apartment investment opportunity located in the sought-after Long Beach neighborhood of Alamitos Beach. Offered for sale for the first time in decades, the property is ideally located just a short walk from the beach, and mere minutes from both Downtown and Retro Row. It is comprised of (8) 1-bedroom/1-bathroom single story units in the front building, plus a huge 3-bedroom/2-bathroom in the back, above the studio and garages. 833 E. 1st St. offers substantial upside potential by updating the units and bringing rents closer to market levels. *The studio unit is non-conforming.
Location
State CA
County Los Angeles
Zoning Assessor
Direction North of E. Ocean Blvd. and East of Alamitos Ave.
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Tax ID 7265001032
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Damien Breaux Morgan Skenderian
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Roy Wannamaker
REALTOR® | Lic# CA DRE 01838753