$1,925,000
$1,950,000
1.3%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
4,072 Sqft Lot
SOLD DATE : 01/19/2022
Key Details
Sold Price $1,925,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW21200551
Sold Date 01/19/22
Bedrooms 5
HOA Y/N No
Lot Size 4,072 Sqft
Property Description
WE ARE pleased to present the opportunity to acquire 825 E. Ocean Blvd, 4-unit multifamily investment property located in Long Beach, one of the premier housing markets in Southern California. 825 E. Ocean Blvd consists of One large 1 Bedroom and 1 Bath unit floor plan, TWO large 2bedroom and 1 Bath floor plan and ONE large Studio which offers amenities like - Stove - Dishwasher - Washer/Dryer in units - Tankless water heaters - Keyless Entry - New Countertops - Soft Close Cabinetry - Modern Fixtures - Updated kitchen and bathrooms - Beautiful Hardwood Flooring - Recessed Lighting - Full Bath - Garages for additional income Additionally Ocean property offers Amenities Including Ocean Views, Private Patios and Balconies and a Central Courtyard. 825 E. Ocean Blvd is located in the highly sought-after Alamitos Beach neighborhood and is just steps away from Junipero Beach and Alamitos Beach, two of the citys most popular beaches. The property is also within walking distance to Retro Row, which offers numerous shopping, dining, and entertainment options. 825 E. Ocean Blvd is under a mile away from The Promenade and the Pike Outlets, providing residents with easy access to a plethora of shopping and dining destinations. Given the overall strength of the apartment market in Long Beach, specially Alamitos Beach, 825 E. Ocean Blvd offers an investor the ability to capture quality tenants seeking an exceptional living experience within a vibrant neighborhood. The areas surrounding the property provide tenants convenient access to a wide variety of activities, employment, transportati
WE ARE pleased to present the opportunity to acquire 825 E. Ocean Blvd, 4-unit multifamily investment property located in Long Beach, one of the premier housing markets in Southern California. 825 E. Ocean Blvd consists of One large 1 Bedroom and 1 Bath unit floor plan, TWO large 2bedroom and 1 Bath floor plan and ONE large Studio which offers amenities like - Stove - Dishwasher - Washer/Dryer in units - Tankless water heaters - Keyless Entry - New Countertops - Soft Close Cabinetry - Modern Fixtures - Updated kitchen and bathrooms - Beautiful Hardwood Flooring - Recessed Lighting - Full Bath - Garages for additional income Additionally Ocean property offers Amenities Including Ocean Views, Private Patios and Balconies and a Central Courtyard. 825 E. Ocean Blvd is located in the highly sought-after Alamitos Beach neighborhood and is just steps away from Junipero Beach and Alamitos Beach, two of the citys most popular beaches. The property is also within walking distance to Retro Row, which offers numerous shopping, dining, and entertainment options. 825 E. Ocean Blvd is under a mile away from The Promenade and the Pike Outlets, providing residents with easy access to a plethora of shopping and dining destinations. Given the overall strength of the apartment market in Long Beach, specially Alamitos Beach, 825 E. Ocean Blvd offers an investor the ability to capture quality tenants seeking an exceptional living experience within a vibrant neighborhood. The areas surrounding the property provide tenants convenient access to a wide variety of activities, employment, transportation and retail amenities. This overall demand for a well-located and intensively renovated apartment building will be a key driver in the continued growth and success at 825 E. Ocean Blvd.
Location
State CA
County Los Angeles
Area Long Beach (90802)
Zoning Assessor
Building
Lot Description Sidewalks
Story 2
Lot Size Range 4000-7499 SF
Sewer Other/Remarks
Level or Stories 2 Story
Others
Acceptable Financing Cash, Exchange
Space Rent $2,200
Listing Terms Cash, Exchange
Financing Conventional
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Bought with Khanh Nguyen • eXp Realty of California Inc