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$1,646,000
Est. payment /mo
7 Beds
6 Baths
4,770 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 4,770 sqft
Price per Sqft $345
MLS Listing ID 26660255
Bedrooms 7
HOA Y/N No
Year Built 1923
Lot Size 7,352 Sqft
Property Description
Great opportunity for a 1031 investor. 5 units located blocks from Retro Row in Long Beach where all the hip restaurants and stores are. Also a short walk from the beach. NOT subject to local rent control, just AB 1482 (CPI + 5% annual increase). The property features a 3 bedroom single family home and a separate 4plex in the rear with 4 1bed/1bath units (2 units upstairs and 2 down). All units have washer dryers in them and have been heavily updated. The electrical was updated in 2017. There is garage and street parking available. This is an excellent property as a 1031 Upleg or for a new investor. Anduril Industries, a cutting-edge defense technology company specializing in AI applications announced that it is commencing a $1 billion redevelopment of land adjacent to the LB Airport. The project is planned to be completed in mid-2027 and is expected to create 5,500 new direct jobs at the site plus thousands of indirect construction and supply-chain service jobs. EMAIL LISTING AGENT FOR MORE INFO INCLUDING AN OM.
Location
State CA
County Los Angeles
Area 4 - Downtown Area, Alamitos Beach
Zoning LBCNR
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
Parking Features Assigned
Total Parking Spaces 5
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 7266018026
Special Listing Condition Standard
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Listed by Jonathan Swire The Agency #01336277
Nearby Locations
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