Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1976
Sq.Footage
N/A
This is a great opportunity to own a 7 unit apartment building with a tremendous amount of upside. 1675 Loma Avenue features 7,208 Square Feet of living space split among 7 units, with a front unit that is a 3 Bedroom/2 Bathroom, and six units that are 2 Bedroom/2 Bathroom. The building features enclosed private garages that park 8 cars, as well as an additional parking spot at the end of the building. All units are individually metered for gas and electric, In terms of location, it doesn't get any better than this. The area has strong rental demand from perspective tenants, and the property is centrally located just south of PCH in East Long Beach, and conveniently close to schools, parks, shopping, dining, entertainment, downtown Long Beach, Long Beach City College, Cal State Long Beach University, major transit, and so much more. This is a great opportunity to buy a a great investment property with a tremendous amount of upside for adding value, maximizing income, and creating substantial equity.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
NO
-
Cooling
None
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Wall Furnace
Exterior
-
Garage
Yes
-
Garage spaces
8
-
Pool
Yes
-
Pool Features
None
Area & Lot
-
Lot Features
Rectangular Lot
-
Lot Size(acres)
0.1916
-
Property Type
Residential Income
-
Property Sub Type
Mixed Use
Price
-
Sales Price
$2,050,000
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
2
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Tax Lot
4
-
Water Source
Public
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Location
County
Los Angeles
Elementary School
Middle School
High School
Listing Courtesy of Mark Lima , Lima Real Estate Group
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