Long Beach, CA 90802,1237 E 1st Street
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$ 6,850,000
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1237 E 1st Street Long Beach, CA 90802

4 Beds

3 Baths

8,242 Sqft Lot


UPDATED:

11/07/2024 03:01 AM

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW24227280

Bedrooms 4

HOA Y/N No

Lot Size 8,242 Sqft

Property Description

This property is an 18-unit, fully stabilized, and turnkey apartment complex located in the sought-after Alamitos Beach area. The property has seen an investment of over $1,165,000 and has undergone a complete renovation, down to the studs. The entire building was rebuilt, including new floors, windows, interiors, exterior stucco, plumbing, electrical and mechanical systems, and more. Each unit was completely remodeled with high-end finishes. The renovations led by an interior designer, include features such as recessed and custom lighting, brand-new kitchens and bathrooms, stainless steel appliances, and in-unit washers and dryers.
This property is an 18-unit, fully stabilized, and turnkey apartment complex located in the sought-after Alamitos Beach area. The property has seen an investment of over $1,165,000 and has undergone a complete renovation, down to the studs. The entire building was rebuilt, including new floors, windows, interiors, exterior stucco, plumbing, electrical and mechanical systems, and more. Each unit was completely remodeled with high-end finishes. The renovations led by an interior designer, include features such as recessed and custom lighting, brand-new kitchens and bathrooms, stainless steel appliances, and in-unit washers and dryers.

Location

State CA

County Los Angeles

Area Long Beach (90802)

Zoning Seller

Building

Lot Description Curbs, Sidewalks

Story 2

Lot Size Range 7500-10889 SF

Level or Stories 2 Story

Others

Monthly Total Fees $243

Acceptable Financing Cash

Space Rent $3,400

Listing Terms Cash


San Diego Regional MLS (SDMLS)
Listed by Juan Huizar • Sage Real Estate

Ruben Lafuente

Agent | License ID: 01965249

+1(619) 500-2997

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1237 E 1st Street