This excellent investment opportunity, located west of PCH and just around the corner from Downtown Long Beach. The building has a highly desirable unit mix consisting of (4) 2 bedroom/1 bath units, with plenty of upside rent potential. There is a large enclosed yard in the back which provides plenty of room for entertainment. Some remodeling has been completed on the insides of the units, including beautiful tile floors and remodeled bathrooms. Situated on a 6,800 SF lot, this property provides spacious living inside and out. If you appreciate fine arts, this property is located in a prime area of Long Beach, in close proximity to The Art Theater of Long Beach and The Museum of Latin American Art. Nearby schools include Lincoln Elementary School, Franklin Middle School, Long Beach Polytechnic High School, and Renaissance High School for the Arts. Other nearby amenities include the St. Mary Medical Center, and plenty of grocery shops and restaurants just within a few blocks.
Off market
$987,900
1057 Lewis Ave, Long Beach, CA 90813
--beds
0baths
3,046sqft
MultiFamily
Built in 1924
-- sqft lot
$987,900 Zestimate®
$324/sqft
$2,434 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
 
Heating
- None, Other
 
Features
- Flooring: Other
 - Common walls with other units/homes: 2+ common walls
 
Interior area
- Total interior livable area: 3,046 sqft
 
Property
Parking
- Total spaces: 2
 
Features
- Levels: Two
 - Exterior features: Other
 
Lot
- Size: 6,799 sqft
 - Features: 0-1 Unit/Acre
 
Details
- Parcel number: 7274009033
 - Special conditions: Standard
 
Construction
Type & style
- Home type: MultiFamily
 
Materials
- Roof: Other
 
Condition
- Year built: 1924
 
Community & neighborhood
Location
- Region: Long Beach
 
Other
Other facts
- CommunityFeatures: Curbs, Sidewalks
 - PreviousStandardStatus: Pending
 - PropertyType: Residential Income
 - SpecialListingConditions: Standard
 - CommonWalls: 2+ common walls
 - Levels: Two
 - LotFeatures: 0-1 Unit/Acre
 - ParkingFeatures: Driveway
 - MLSAreaMajor: 4 - Downtown Area, Alamitos Beach
 - BuildingAreaUnits: Square Feet
 - ElevationUnits: Feet
 
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Estimated market value
$987,900