$2,100,000
$2,100,000
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1010 E 2nd ST Long Beach, CA 90802
4,160 SqFt
Key Details
Sold Price $2,100,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,160 sqft
Price per Sqft $504
Subdivision Alamitos Beach (Ab)
MLS Listing ID PW19129903
Sold Date 09/17/19
HOA Y/N No
Year Built 1923
Lot Size 4,656 Sqft
Acres 0.1069
Property Description
1010 E 2nd Street is located in the prime Alamitos Beach area. This is a 1920's building with charming built-ins and finishes. It consists of eight bright and airy studio units with light upgrades to the kitchens, baths and fixtures. There is storage space for tenants to lease, onsite laundry income (laundry machines are seller owned), and the building is separately metered for gas and electric. Investors have the potential to continue seller improvements and increase rents up to approximately 10%. Within close proximity to the subject property are the Long Beach Museum of Art, Bixby Park, Broadway Corridor and 4th Street/Retro Row.
Location
State CA
County Los Angeles
Area 4 - Downtown Area, Alamitos Beach
Zoning LBR4R
Rooms
Ensuite Laundry Common Area
Interior
Laundry Location Common Area
Fireplace No
Laundry Common Area
Exterior
Pool None
Community Features Curbs
Private Pool No
Building
Lot Description 6-10 Units/Acre
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 7265002003
Energy Description 1080.0
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Financing Conventional
Special Listing Condition Standard
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Bought with Joanne Stasio • Berkshire Hathaway HomeService
GUIDE SoCal
Broker | License ID: DRE#01976964