Long Beach, CA 90802,1721 E Appleton Street
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$ 3,250,000
Est. payment | /mo

3 Beds

3 Baths

8,266 Sqft Lot


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$ 3,250,000
Est. payment | /mo
Save

3 Beds

3 Baths

8,266 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW24241198

Bedrooms 3

HOA Y/N No

Lot Size 8,266 Sqft

Property Description

Located in the sought-after Alamitos Beach of Long Beach near Bixby Park. Value add property with approximately 33% in rental upside. This property offers a unit mix of (10) ten one-bedrooms and (2) two two-bedrooms. Pride of ownership offering a well-maintained property for new ownership. Recent renovations include copper plumbing and windows throughout. The property offers convenient laundry facility on site. The units themselves are well-appointed with gas cooking, electric heating, hardwood floors, and ceiling fans, and wall heaters ensuring a comfortable living environment. The building has a historically high tenant retention rate, due to its location in highly desirable North Alamitos Beach.
Located in the sought-after Alamitos Beach of Long Beach near Bixby Park. Value add property with approximately 33% in rental upside. This property offers a unit mix of (10) ten one-bedrooms and (2) two two-bedrooms. Pride of ownership offering a well-maintained property for new ownership. Recent renovations include copper plumbing and windows throughout. The property offers convenient laundry facility on site. The units themselves are well-appointed with gas cooking, electric heating, hardwood floors, and ceiling fans, and wall heaters ensuring a comfortable living environment. The building has a historically high tenant retention rate, due to its location in highly desirable North Alamitos Beach.

Location

State CA

County Los Angeles

Area Long Beach (90802)

Zoning Public Rec

Building

Lot Description Sidewalks

Story 2

Lot Size Range 7500-10889 SF

Others

Monthly Total Fees $188

Acceptable Financing Conventional

Space Rent $1,442

Listing Terms Conventional

San Diego Regional MLS (SDMLS)
Listed by Christopher Walker • Triqor Group
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1615 Murray Canyon Rd Suite 110, Diego, California, 92108, United States

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1721 E Appleton Street