1675 Loma Avenue new

Long Beach,CA 90804

$ 2050000

- Bed

0 Bath

7208 SqFt


Key Details

Property Type Single Family Home

Sub Type Commercial/Residential

Listing Status Active

Purchase Type For Sale

Square Footage 7,208 sqft

Price per Sqft $284

MLS Listing ID OC-25184469

Year Built 1976

Lot Size 8,346 Sqft

Property Sub-Type Commercial/Residential

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

Fireplaces Type None

Laundry Community

Exterior

Parking Features Gated

Garage Spaces 8.0

Pool None

Community Features Sidewalks,Street Lights

Building

Lot Description Rectangular Lot

Sewer Public Sewer

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