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Sold for $4,715,000 on 02/16/24
  • Listing Provided by: 

    William Hugron DRE #00803524 714-356-7823,

    Ashwill Associates,

    Justin Hugron DRE #02069980,

    Ashwill Associates

    Bought with: 1st Point Lending Inc.
    $4,715,000

    3819 E 2nd St, Long Beach, CA 90803

    21beds
    --baths
    14,193sqft
    Multi Family
    Built in 1969
    -- sqft lot
    $5,091,200 Zestimate®
    $332/sqft
    $2,636 Estimated rent

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    What's special

    For sale, for the first time since originally built in 1969, La Orleans, located at 3819 E. 2nd St. This 4-story multi family property in Long Beach, features 12 extremely large apartments, with a healthy unit mix of one, two, and three bedroom units. This turnkey property boasts a prime location within the well sought after neighborhood of Belmont Heights, walking distance to the beach and all of the boutiques, restaurants and amenities of 2nd St. The building recently underwent major renovations to the exterior of the property and to each of the twelve units, which are all now updated. The property’s oversized units lend themselves well to a potential condo conversion as well. It is elevators served with two stairwells and features covered parking for each of the units. The property owner can also collect extra income from the on-site laundry facility on the ground floor. The spacious floor plans offer ample living space, while the stylish finishes and ocean and mountain views create an atmosphere of luxury and comfort. Residents will appreciate the remodeled units, private balconies, new flooring, and well-appointed bathrooms, all of which contribute to the overall aesthetic and livability of the property. Overall, 3819 E. 2nd St. represents an excellent opportunity for investors who want to acquire a well-maintained, updated multifamily property in one of Long Beach’s most desirable neighborhoods. With its prime location, modern upgrades, and excellent rental history, the property is sure to attract high-quality tenants and generate strong returns for years to come. Do not miss out on this rare opportunity to own a piece of Long Beach real estate that truly has it all.

    Zillow last checked: 8 hours ago

    Listing updated: February 16, 2024 at 01:07pm

    Listing Provided by:

    William Hugron DRE #00803524 714-356-7823,

    Ashwill Associates,

    Justin Hugron DRE #02069980,

    Ashwill Associates

    Bought with:

    Alex Nelson, DRE #01176105

    1st Point Lending Inc.

    Source: CRMLS,MLS#: PW23084453MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 21
    Appliances
    • Laundry: Common Area, Laundry Room, See Remarks, Stacked
    Features
    • Multiple Staircases
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 14,193
    • Total interior livable area: 14,193 sqft

    Property

    Parking
    • Total spaces: 14
    • Parking features: Attached Carport, Carport, Door-Single, Garage
    • Garage spaces: 2
    • Carport spaces: 12
    • Covered spaces: 14
    Features
    • Entry location: 2nd St.
    • Pool features: None
    • Fencing: Chain Link
    • Waterfront features: Ocean Side Of Highway
    Lot
    • Size: 7,476 sqft
    • Features: 11-15 Units/Acre
    Details
    • Parcel number: 7256008023
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Roof: Flat
    Condition
    • New construction: No
    • Year built: 1969

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Security
    • Security features: Security System, Closed Circuit Camera(s), Smoke Detector(s), Security Lights
    Community
    • Community features: Biking, Curbs, Dog Park, Fishing, Golf, Gutter(s), Storm Drain(s), Street Lights, Sidewalks, Urban, Water Sports
    Location
    • Region: Long Beach
    • Subdivision: Belmont Heights (Bh)

    Other

    Other facts
    • Listing terms: Cash,Conventional
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    Estimated market value
    $5,091,200