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Key Details
Sold Price $4,000,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Belmont Shore (Bsd)
MLS Listing ID NP18083564
Sold Date 06/29/18
HOA Y/N No
Year Built 1923
Property Description
Ocean view apartment complex located in Belmont Shore within a short walking distance to the beach and pier, Vons, 2nd Street and a bike ride from Downtown Long Beach. Sweeping Ocean Views. Irreplaceable Location in Belmont Shores. Rooftop Deck. Unique Investment Opportunity. Excellent Access to PCH, Downtown Long Beach, the 405 and 710 Freeways. All Units Separately Metered and Upgraded Subpanels. Value Add Asset With Over 32% Rental Upside Potential. Bicycle Racks. Hardwood Floors.
Location
State CA
County Los Angeles
Area 1 - Belmont Shore/Park, Naples, Marina Pac, Bay Hrbr
Zoning LBR4R
Rooms
Other Rooms Storage
Basement Sump Pump
Interior
Interior Features Balcony, Ceiling Fan(s), High Ceilings, Multiple Staircases, Pantry, Storage, Tile Counters, Wired for Data, Entrance Foyer, Walk-In Closet(s)
Heating Central, Fireplace(s)
Cooling Central Air, Electric, Gas
Flooring Tile, Wood
Fireplaces Type Den, Family Room
Fireplace Yes
Appliance Built-In Range, Barbecue, Dishwasher, Electric Range, Gas Cooktop, Disposal, Gas Oven, Gas Range, High Efficiency Water Heater
Laundry Common Area, Electric Dryer Hookup, Gas Dryer Hookup, Inside
Exterior
Exterior Feature Awning(s), Barbecue
Fence Block
Pool None
Community Features Curbs, Gutter(s), Storm Drain(s), Street Lights
Utilities Available Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Phone Connected, Sewer Connected, Underground Utilities, Water Connected
Waterfront Description Across the Road from Lake/Ocean,Beach Access
View Y/N Yes
View Coastline, Mountain(s), Ocean, Panoramic, Pier, Rocks, Water
Accessibility Safe Emergency Egress from Home
Private Pool No
Building
Lot Description 11-15 Units/Acre
Story 3
Entry Level Three Or More
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories Three Or More
Additional Building Storage
New Construction No
Others
Senior Community No
Tax ID 7256003024
Security Features Fire Detection System,Key Card Entry,Smoke Detector(s)
Acceptable Financing Cash to Existing Loan, Cash to New Loan, Fannie Mae, Freddie Mac, Owner May Carry
Listing Terms Cash to Existing Loan, Cash to New Loan, Fannie Mae, Freddie Mac, Owner May Carry
Financing Cash
Special Listing Condition Standard
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Bought with Linda Neino • Dilbeck Real Estate
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Monique H. Ott-Beacham
Broker | License ID: DRE #01448692
Broker License ID: DRE #01448692