3 Units all 3 bedrooms, 2 baths each! 2 Parking spaces for each unit, one in garage and one open space. Close to Alamitos Beach and Downtown redevelopments. Less than a mile to the ocean. Tremendous value added opportunity simply by raising the extremely low existing rents up to current market levels. All units are currently Tenant occupied, and Sellers are looking for offers subject to interior inspection. Units are small, but nice. 4 year old roof, new exterior paint. Interiors have minor deferred maintenance. Being sold as-is with existing long term Tenants. The future potential for this property is unlimited. Buy all three units for the price of a condo a few blocks down at the beach. Each Unit has its own laundry room or closet. All six bathrooms are full baths except one, which is a three-quarter bath. Every Unit has a master suite. All units have individual balconies. Please respect the Tenants' rights.
Off market
$1,012,400
1059 Alamitos Ave, Long Beach, CA 90813
9beds
0baths
2,410sqft
MultiFamily
Built in 1988
-- sqft lot
$1,012,400 Zestimate®
$420/sqft
$2,135 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 0
Heating
- Wall, Gas
Appliances
- Included: Range / Oven
Features
- Flooring: Carpet, Linoleum / Vinyl
Interior area
- Total interior livable area: 2,410 sqft
Property
Parking
- Total spaces: 6
Features
- Exterior features: Stucco
Lot
- Size: 4,835 sqft
Details
- Parcel number: 7274008026
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Composition
Condition
- Year built: 1988
Community & neighborhood
Location
- Region: Long Beach
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Estimated market value
$1,012,400