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Sold for $2,200,000 on 05/16/25
  • Listing Provided by: 

    Cody Charnell DRE #01950585 562-896-3851,

    Sage Real Estate Group, Inc.

    Bought with: Sage Real Estate Group, Inc.
    $2,200,000

    1360 Euclid Ave, Long Beach, CA 90804

    1beds
    13baths
    4,630sqft
    Multi Family
    Built in 1923
    -- sqft lot
    $2,169,400 Zestimate®
    $475/sqft
    $-- Estimated rent

    Owner options

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    $13,750/mo

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    $13,750/mo

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    What's special

    **SELLER FINANCING AVAILABLE**Discover this charming Spanish-style 13-unit apartment building nestled in the heart of Long Beach’s vibrant East Side neighborhood. Combining timeless architectural appeal with modern upgrades, this property presents an exceptional opportunity for investors seeking a value-add asset with significant income potential. With a remarkable 35% upside in rents, a new owner can unlock tremendous cash flow while capitalizing on the extensive improvements already completed. Improvements include the installation of 13 new wall heaters (1990), a full repipe of gas lines (1998), a complete replacement of water supply lines (2006),14 new electric meters (1990), double-pane vinyl windows throughout (2017), new 100 gallon water heater (2022), and all ABS plastic drain lines. The original floor plans also offer an opportunity for reconfiguration to unlock even more rental income potential. This reconfiguration has already been completed on unit #10. Seller financing is available for qualified buyers. Seller's will consider carrying financing with 25% down, 5% interest rate, and up to a 10 year loan term. Financing terms are dependent on offer price.

    Zillow last checked: 8 hours ago

    Listing updated: May 16, 2025 at 12:45pm

    Listing Provided by:

    Cody Charnell DRE #01950585 562-896-3851,

    Sage Real Estate Group, Inc.

    Bought with:

    Juan Huizar, DRE #01417642

    Sage Real Estate Group, Inc.

    Source: CRMLS,MLS#: PW24249846MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 13
    Heating
    • Wall Furnace
    Appliances
    • Laundry: None
    Features
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 4,630
    • Total interior livable area: 4,630 sqft

    Property

    Parking
    • Parking features: None
    Features
    • Entry location: Courtyard
    • Pool features: None
    Lot
    • Size: 6,503 sqft
    • Features: 11-15 Units/Acre
    Details
    • Parcel number: 7253008006
    • Zoning: LBR2N
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1923

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Curbs
    Location
    • Region: Long Beach
    • Subdivision: Eastside (Es)

    Other

    Other facts
    • Listing terms: Cash,Cash to New Loan,Owner Will Carry,Owner May Carry
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    Estimated market value
    $2,169,400