1675 Loma AVE #1-7 new

Long Beach,CA 90804

$ 2050000

- Bed

- Bath

- SqFt


Key Details

Property Type Single Family Home, Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC25184469

HOA Y/N No

Year Built 1976

Lot Size 8,346 Sqft

Property Sub-Type Mixed Use

Property Description

This is a great opportunity to own a 7 unit apartment building with a tremendous amount of upside. 1675 Loma Avenue features 7,208 Square Feet of living space split among 7 units, with a front unit that is a 3 Bedroom/2 Bathroom, and six units that are 2 Bedroom/2 Bathroom. The building features enclosed private garages that park 8 cars, as well as an additional parking spot at the end of the building. All units are individually metered for gas and electric, In terms of location, it doesn't get any better than this. The area has strong rental demand from perspective tenants, and the property is centrally located just south of PCH in East Long Beach, and conveniently close to schools, parks, shopping, dining, entertainment, downtown Long Beach, Long Beach City College, Cal State Long Beach University, major transit, and so much more. This is a great opportunity to buy a a great investment property with a tremendous amount of upside for adding value, maximizing income, and creating substantial equity.

Location

State CA

County Los Angeles

Area 3 - Eastside, Circle Area

Zoning LBR4R

Interior

Heating Wall Furnace

Cooling None

Fireplaces Type None

Fireplace No

Laundry Common Area

Exterior

Garage Spaces 8.0

Carport Spaces 1

Garage Description 8.0

Pool None

Community Features Street Lights,Sidewalks

Total Parking Spaces 9

Private Pool No

Building

Lot Description Rectangular Lot

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 7259003034

Acceptable Financing Submit

Listing Terms Submit

Special Listing Condition Probate Listing

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