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Sold for $2,230,000 on 02/23/24
  • Listing Provided by: 

    Robert Stepp DRE #01456379 310-463-2916,

    Keller Williams - Santa Monica

    $2,230,000

    477-495 E Market St, Long Beach, CA 90805

    --beds
    --baths
    9,929sqft
    Multi Family
    Built in 1936
    -- sqft lot
    $2,213,900 Zestimate®
    $225/sqft
    $2,425 Estimated rent

    What's special

    475-495 E. Market Street is an 8-unit apartment property with a church situated on an oversized lot of 25,524 square feet in Long Beach, California. This rare property consists of (4) 1 BD/1 BA units, (3) 2 BD/1 BA units, and (1) 3 BD/2 BA. The 4,000-square foot existing church can be used as-is, or could potentially be used to add additional units*. Ample parking is available on the site, with 21 surface spaces and two (2)garages, which could also be converted to a 1 BD/1 BA ADU. Laundry facilities are located onsite for additional income. The property is well-located with convenient access to the 710 605, and 405 freeways.

    Zillow last checked: 7 hours ago

    Listing updated: February 26, 2024 at 11:31am

    Listing Provided by:

    Robert Stepp DRE #01456379 310-463-2916,

    Keller Williams - Santa Monica

    Bought with:

    Rahul Bhagat, DRE #01717339

    eXp Realty of California Inc

    Source: CRMLS,MLS#: PW23028066MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Appliances
    • Laundry: Inside
    Features
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 9,929
    • Total interior livable area: 9,929 sqft

    Property

    Parking
    • Total spaces: 25
    • Parking features: Garage
    • Garage spaces: 4
    • Uncovered spaces: 21
    Features
    • Pool features: None
    Lot
    • Size: 0.59 Acres
    • Features: 6-10 Units/Acre
    Details
    • Additional parcels included: 7127022032
    • Parcel number: 7127022030
    • Zoning: LBCMR
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • New construction: No
    • Year built: 1936

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Sidewalks
    Location
    • Region: Long Beach
    • Subdivision: North Long Beach (Nlb)

    Other

    Other facts
    • Listing terms: Cash,Cash to New Loan,1031 Exchange
    Services availability
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    Estimated market value

    $2,213,900