833 E 1st Street, Long Beach, CA 90802

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Glen Henderson

[email protected] +1(619) 889-7646

$2,350,000

Est. payment - /mo

4 Beds

4 Baths

8,255 Sqft Lot

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UPDATED:

10/29/2024 02:20 AM

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW24222778

Bedrooms 4

HOA Y/N No

Lot Size 8,255 Sqft

Type of Financing Cash,Conventional

Property Description

Pleased to present 833 E. 1st Street, a 10*-unit apartment investment opportunity located in the sought-after Long Beach neighborhood of Alamitos Beach. Offered for sale for the first time in decades, the property is ideally located just a short walk from the beach, and mere minutes from both Downtown and Retro Row. It is comprised of (8) 1-bedroom/1-bathroom single story units in the front building, plus a huge 3-bedroom/2-bathroom in the back, above the studio and garages. 833 E. 1st St. offers substantial upside potential by updating the units and bringing rents closer to market levels. *The studio unit is non-conforming.
Pleased to present 833 E. 1st Street, a 10*-unit apartment investment opportunity located in the sought-after Long Beach neighborhood of Alamitos Beach. Offered for sale for the first time in decades, the property is ideally located just a short walk from the beach, and mere minutes from both Downtown and Retro Row. It is comprised of (8) 1-bedroom/1-bathroom single story units in the front building, plus a huge 3-bedroom/2-bathroom in the back, above the studio and garages. 833 E. 1st St. offers substantial upside potential by updating the units and bringing rents closer to market levels. *The studio unit is non-conforming.

Location

State CA

County Los Angeles

Area Long Beach (90802)

Zoning Assessor

Building

Lot Description Curbs, Sidewalks

Story 2

Lot Size Range 7500-10889 SF

Level or Stories 2 Story

Others

Monthly Total Fees $268

Acceptable Financing Cash, Conventional

Space Rent $880

Listing Terms Cash, Conventional

CFD/Mello-Roos Fee $3, 216

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Listed by Damien Breaux • Morgan Skenderian

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Glen Henderson

+1(619) 889-7646

Broker Associate | CA BRE #01384181

Broker Associate CA BRE #01384181

San Diego Communities

833 E 1st Street Long Beach, CA 90802

Glen Henderson

Key Details

Location

Building

Others

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