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Listed by Ryan Pratt • Skyline Commercial Real Estate
$ 3,500,000
Est. payment | /mo
4,712 SqFt
$ 3,500,000
Est. payment | /mo
4,712 SqFt
Key Details
Property Type Single Family Home
Sub Type Commercial/Residential
Listing Status Active
Purchase Type For Sale
Square Footage 4,712 sqft
Price per Sqft $742
MLS Listing ID NP-25184444
Year Built 1919
Lot Size 8,269 Sqft
Property Sub-Type Commercial/Residential
Source California Regional Multiple Listing Service (CRMLS)
Property Description
Pleased to present the opportunity to acquire The Ocean Blvd Fourplex, a 4 unit apartment building located in the Alamitos Beach area of Long Beach, CA. The property offers an excellent mix of units including (4) large 2 bedroom 1 bath units each facing the ocean with 6 detached garages, a rare benefit in coastal Long Beach.
Current zoning allows for huge development potential including replacing the existing structure with a four story building consisting of (12) 2 bedroom 1 bath units or maintaining the existing structure and utilizing the open space to build (4) ADU's. This is a unique opportunity for an investor to acquire an asset in a premium location with massive potential.
Current zoning allows for huge development potential including replacing the existing structure with a four story building consisting of (12) 2 bedroom 1 bath units or maintaining the existing structure and utilizing the open space to build (4) ADU's. This is a unique opportunity for an investor to acquire an asset in a premium location with massive potential.
Location
State CA
County Los Angeles
Area 4 - Downtown Area, Alamitos Beach
Zoning LBR4R
Interior
Laundry Common Area
Exterior
Garage Spaces 6.0
Pool None
Community Features Sidewalks, Street Lights
Building
Lot Description 2-5 Units/Acre
Sewer Public Sewer
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Marissa Buss & Danny Lampert
Lic# 01770909 | 01834114