Condominium buy in Long Beach California

We are pleased to present a 4-unit multifamily property. Built in 1948, the subject property consists of 2,538 rentable square-feet situated on a 3,150 square-foot lot. The building consists of four 1-bedroom / 1-bathroom remodeled units. It offers a one car garage providing a shared coin operated laundry facility for all tenants and parking for one unit. Additional car parking is found in front of the garage with motorcycle/scooter parking being utilized on the side. Tenants enjoy living in the very walkable Belmont Shore neighborhood between 2nd street and the pacific ocean. Just a short distance to local beaches, California State University of Long Beach, as well as shopping, restaurants, and nightlife. The city of Long Beach continues to progress forward and is currently experiencing major redevelopment. The Long Beach port is undergoing $4.4 billion in future redevelopment that will create 14,000 new and permanent jobs in Southern California. The city is undergoing a building boom with more than $5 billion in private and public investments in various stages of development. The new $520 million Long Beach Civic Center development will house a new City Hall, Port of Long Beach headquarters and the Main Library. Long Beach sustains its ability to attract renters due to its strong economy and quality of life. This trophy property has been owned and lovingly maintained by the same family for 48 years. The exterior of the building was recently painted and new landscape installed. The quality of this investment will be of high value to an experienced investor. Please be sure to review all the media including the virtual tours and detailed floor plans for each unit. MLS® ID: PW22209571 Listed: 9/11/22 Updated: 10/17/22 Interior Features Kitchen Appliances: Dishwasher, Gas Range, Microwave Total Bedrooms: 0 Total Bathrooms: 0 Interior Features: Ceiling Fan(s), Granite Counters Laundry Description: Common Area, In Garage Floor Description: Carpet, Tile, Wood Fireplace: None Cooling: None Heating: Wall Furnace Exterior/Building Features Lot Size: 3,150 ft2 lot Architectural Style: Mid-Century Modern Lot Details: Front Yard, Lawn, Sprinklers Timer, Sprinkler System Sewer: Public Sewer Other Property Details Area Name: 1 - Belmont Shore/Park,Naples,Marina Pac,Bay Hrbr HOA Amenities: Biking, Sidewalks, Water Sports Garage: Yes Garage Spaces: 1 Parking: Driveway, Garage Faces Rear Parking Total: 2.0 View: N County: Los Angeles Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected Water Source: Public Pool: No Pool Description: None Total Stories: 2 Courtesy of Beach Cities Properties, Inc., Jack Tanner, Listing Contact: Based on information from California Regional Multiple Listing Service, Inc. as of 10/17/22. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.