CA > Long Beach > Alamitos Beach (Ab)
Long Beach, CA 90802,1229 E 4th Street
Long Beach, CA 90802,1229 E 4th Street
2
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$2,900,000
Est. payment /mo
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1 Bed
1 Bath
Pending

1229 E 4th Street Long Beach, CA 90802

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Richard Combs

Richard Combs

+1(619) 838-9307

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Pending

Purchase Type For Sale

Subdivision Alamitos Beach (Ab)

MLS Listing ID PW24077326

Bedrooms 1

Property Sub-Type Res Income 2-4 Units

Property Description

We are pleased to present a 12 unit apartment building located at 1229 - 1231 E. 4th Street in Long Beach, California. This is a value-add opportunity in a great location of Alamitos Beach. The subject property is close to 4th Street Retro Row, Downtown Long Beach and 2nd Street in Belmont Shore where there are restaurants, shops, bars, grocery stores and entertainment venues. The subject property consists 6 parcels for a total of 7,442 rentable square feet spread throughout a 6,745 square foot lot. It was built in 1936 and consists of all one bedroom / one bathroom units. The subject property is also separately metered for gas and electricity which helps keep expenses to a minimum. There are a total of 7 garages which are generating income as well. Owners enjoy the high demand for rentals in a coastal city of Southern California. Tenants enjoy living close to the ocean breeze and walking distance to shops, restaurants, cafes, entertainment centers and grocery stores. The city of Long Beach continues to progress forward and is currently experiencing major redevelopment.

Location

State CA

County Los Angeles

Zoning Assessor

Direction 4th St & Orange Ave

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Tax ID 7266014019

MLS Router / San Diego MLS
Listed by Kevin King Marcus & Millichap

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agent

Richard Combs

Broker | License ID: 01526804

+1(619) 838-9307

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1229 E 4th Street

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