We are delighted to introduce Obispo Avenue, an exquisite 6-unit apartment complex situated in the heart of East Side Long Beach. This exceptional property comprises of five (5) generously proportioned one-bedroom units and one (1) spacious two-bedroom unit with a laundry facility on site. The property is individually metered for electric and gas. Some of the units have modern amenities, including gas stoves, elegant wood flooring, stunning granite countertops, ceiling fans, wall heaters, and stainless-steel sinks. Investors looking for value add this property has four spacious enclosed garages, providing potential ADU’s to increase value of the property. With approximately 25% upside in rents, this is an ideal investment opportunity.
Sold for $1,394,200 on 02/26/24
Listing Provided by:
Christopher Walker DRE #01905338 chris.walker@triqorgroup.com,
Triqor Group
Bought with: Triqor Group
$1,394,200
922 Obispo Ave, Long Beach, CA 90804
7beds
6baths
3,919sqft
Multi Family
Built in 1953
-- sqft lot
$1,531,800 Zestimate®
$356/sqft
$2,860 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: February 26, 2024 at 12:34pm
Listing Provided by:
Christopher Walker DRE #01905338 chris.walker@triqorgroup.com,
Triqor Group
Bought with:
Christopher Walker, DRE #01905338
Triqor Group
Source: CRMLS,MLS#: PW23220535
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 6
Appliances
- Laundry: Common Area
Features
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 3,919
- Total interior livable area: 3,919 sqft
Property
Parking
- Total spaces: 4
- Parking features: Garage
- Garage spaces: 4
Features
- Entry location: /
- Pool features: None
Lot
- Size: 6,500 sqft
- Features: Rectangular Lot
Details
- Parcel number: 7258012003
- 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: 1953
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Sidewalks
Location
- Region: Long Beach
- Subdivision: Eastside (Es)
Other
Other facts
- Listing terms: Conventional
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Estimated market value
$1,531,800