1748 E 2nd Street

    Long Beach, CA 90802
    • $2,350,000
    • STATUS: Active
    • ON SITE: 36 days
    • ID#: PW18143605
    Price Reduced
    UPDATED: 58 min ago
    $2,350,000
    • 0
      BEDS
    • 0.19
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,536
      SQFT
    • $360
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1921
    County:

    School Ratings & Info

    Description

    The East 2nd Street Apartments is a 6-unit apartment community walking distance from the ocean in the incomparable Alamitos Beach area. This asset offers investors the opportunity to acquire a recently renovated building with upgraded units in a Class A location. The property is comprised of two buildings and boasts an excellent unit mix of three 3-bedroom/2-bath units, one 2-bedroom/2-bath unit, one 1-bedroom/1-bath unit and a studio. The building also features an on-site laundry facility, 4 private garages, and 1 storage unit. The property benefits not only from its proximity to the public beach and parks but also from easy access to local freeways and public transportation. Situated near West Shoreline Village, East Village and Downtown Long Beach as well as East Retro Row, Belmont Shores and the 2nd street shops and restaurants.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-07-22T17:27:10.077. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
    www.playavistaliving.com/homes/84702371

    1748 E 2nd Street Long Beach, CA 90802

    • Price: $2,350,000
    • Status: Active
    • Updated: 58 min ago
    • ID#: PW18143605
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.19
    Acres
    6,536
    SQFT
    $360
    $/SQFT
    1921
    Built
    Neighborhood:
    Alamitos Beach (Ab)
    County:
    Los Angeles
    Area:
    4 - Downtown Area, Alamitos Beach
    Property Description
    The East 2nd Street Apartments is a 6-unit apartment community walking distance from the ocean in the incomparable Alamitos Beach area. This asset offers investors the opportunity to acquire a recently renovated building with upgraded units in a Class A location. The property is comprised of two buildings and boasts an excellent unit mix of three 3-bedroom/2-bath units, one 2-bedroom/2-bath unit, one 1-bedroom/1-bath unit and a studio. The building also features an on-site laundry facility, 4 private garages, and 1 storage unit. The property benefits not only from its proximity to the public beach and parks but also from easy access to local freeways and public transportation. Situated near West Shoreline Village, East Village and Downtown Long Beach as well as East Retro Row, Belmont Shores and the 2nd street shops and restaurants.
    Exterior Features

    Garage Spaces 4.00 Lot Features Front YardPaved Lot Size Source Assessor Lot Size Units Square Feet Parking Total 4.00 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Laundry Features CommunityOutside

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features Curbs Country Us Electric Expense 337.00 Elevation Units Feet Fuel Expense 337.00 Gardener Expense 500.00 Gross Income 153180.00 Gross Scheduled Income 153180.00 Insurance Expense 2614.00 Land Lease YN No Laundry YN Yes Licenses Expense 500.00 Maintenance Expense 2700.00 Net Operating Income 96029.00 New Taxes Expense 32701.00 Number Of Separate Electric Meters 7 Number Of Separate Gas Meters 7 Number Of Separate Water Meters 1 Operating Expense 49492.00 Professional Management Expense 7276.00 Rent Control YN No Senior Community YN No Special Listing Conditions Standard Subdivision Name Other Alamitos Beach (Ab) Total Expenses 49492.00 Trash Expense 337.00 Water Sewer Expense 337.00 Water Source Public Zoning Lbr4r

    Listing provided courtesy of Todd Hawke of Keller Williams Pacific Estate and Robert Stepp of Keller Williams Pacific Estate.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-07-22T17:27:10.077. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
     
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