Seller Financing Available

6 Unit Apartment Building | $1,900,000 ($316,667/Unit) | 5.45% Cap Rate | Long Beach, CA 90802

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $1,900,000

Property Type
Multifamily
Square Feet
5,300 SF

Listing Contacts

Cynthia Voss
Cynthia Voss
Verified Profile
  • Property Info

Property Overview

Fantastic Investment Opportunity! Located in the trendy and hip Retro Row neighborhood of Long Beach! Four very spacious 1 bedroom units with classic art deco features, including classic mock-fireplaces in all of the living rooms. Lovely archways between the Living and Dining rooms. Hardwood flooring custom built-ins and high ceilings, Plus extra closet space. The kitchens have gorgeous art deco tile back splashes and granite counters. The baths have custom 20's style flooring. The back building has two 1 bedroom units over the 4 garages, also with classic art deco features, built-ins and hardwood floors. There is a very large outdoor lawn between the two buildings, which creates a great community outdoor space for the occupants. Just 4 blocks to the beach, and walking distance to award winning restaurants, amazing boutiques, art galleries and antique shops.

Property Details

Class
C
Year Built
1929
Stories
2
Lot Size (sq. ft)
6,534 SF
Units
6

Highlights

  • Seller financing is available, contact broker for more information.
  • Large outdoor lawn between the two buildings.
  • Just 4 blocks from the beach.

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