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Key Details
Sold Price $2,815,000
Property Type Other Types
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW26102404
Sold Date 10/23/26
HOA Y/N No
Year Built 1987
Lot Size 6,730 Sqft
Property Sub-Type Apartment
Property Description
Pleased to present this well-maintained 8-unit multifamily property in Long Beach. Built in 1987, the property features exclusively two-bedroom, two-bathroom units, offering a highly desirable and functional layout for tenants. All eight units have been extensively renovated with brand-new flooring, updated countertops, and modern stainless steel kitchen appliances, including a refrigerator, stove/oven, and dishwasher. Each unit also includes in unit
washers and dryers, private balconies, and ceiling fans, enhancing overall tenant comfort and convenience.
The property is uniquely configured with separate APNs for each unit, providing a future buyer with flexibility and potential exit strategies. Additionally, the asset is not subject to statewide or local rent control, allowing for unrestricted rent growth. Current ownership has implemented a RUBS program, generating additional income. On-site amenities include a secured parking garage and controlled access, further contributing to tenant appeal and overall property security.
Location
State CA
County Los Angeles
Area 2 - Belmont Heights, Alamitos Heights
Interior
Cooling Central Air
Fireplaces Type None
Fireplace No
Appliance Dishwasher, Refrigerator, Dryer, Washer
Exterior
Garage Spaces 14.0
Garage Description 14.0
Pool None
Community Features Biking, Curbs, Dog Park, Golf, Park, Sidewalks
Total Parking Spaces 14
Private Pool No
Building
Story 3
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 7267028030
Energy Description 351.0
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with FAHIM TANIOS FAHIM TANIOS BROKER
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