Long Beach, CA 90803,229 Granada Avenue
Long Beach, CA 90803,229 Granada Avenue
Long Beach, CA 90803,229 Granada Avenue
Long Beach, CA 90803,229 Granada Avenue
Long Beach, CA 90803,229 Granada Avenue
Long Beach, CA 90803,229 Granada Avenue
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$3,000,000

$3,000,000

Est.Price: ?

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Est. payment /mo

3 Beds

3 Baths

2,625 Sqft Lot


SOLD DATE : 12/09/2021

Key Details

Sold Price $3,000,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PW21194672

Sold Date 12/09/21

Bedrooms 3

HOA Y/N No

Lot Size 2,625 Sqft

Property Description

We are pleased to present a 5-unit multifamily property located at 229 Granada Avenue located in Long Beach, CA. Built in 2020, the subject property consists of 3,939 rentable square feet spread throughout a 2,625 square foot lot. The building consists of one studio unit, three 2-story studio loft units, and one 2-bedroom / 1-bathroom unit. It contains two garages and four private balconies for tenants. The units were fully renovated and re-imagined, including creative amenities such as new kitchens & bathrooms, mechanized Garages, vinyl floors, mini-split A/C, and open living areas. The layout for each unit was redesigned to maximize living space, emphasize natural light, and to accentuate modern architectural elements. Tenants enjoy living between Downtown Long Beach and Belmont Shore, 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.
We are pleased to present a 5-unit multifamily property located at 229 Granada Avenue located in Long Beach, CA. Built in 2020, the subject property consists of 3,939 rentable square feet spread throughout a 2,625 square foot lot. The building consists of one studio unit, three 2-story studio loft units, and one 2-bedroom / 1-bathroom unit. It contains two garages and four private balconies for tenants. The units were fully renovated and re-imagined, including creative amenities such as new kitchens & bathrooms, mechanized Garages, vinyl floors, mini-split A/C, and open living areas. The layout for each unit was redesigned to maximize living space, emphasize natural light, and to accentuate modern architectural elements. Tenants enjoy living between Downtown Long Beach and Belmont Shore, 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 Curbs, Sidewalks

Lot Size Range 1-3999 SF

Others

Acceptable Financing Cash, Exchange

Space Rent $2,100

Listing Terms Cash, Exchange

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San Diego Regional MLS (SDMLS)
Listed by Kevin King • Marcus & Millichap
Bought with NON LISTED AGENT • San Diego
agent-avatar

+1(858) 414-1153

robyn@robynflint.com

Scripps Ranch, 92131, United States

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