1534 E 1st Street, Long Beach – 5 Units!

2300000

Investment Highlights

Executive Summary

Pride of Ownership, 5 Unit, Trophy Property! Located within the highly sought after community of Alamitos Beach, merely footsteps from the sand. 1534 E. 1st street is a picturesque 1920’s building, featuring all classic characteristics and qualities of early 20th century architecture – boasting magnificent high ceilings, built in cabinetry, hardwood flooring, large open floor plans with an abundance of natural light. Interior upgrades include (Kitchen improvements; all new Corion counters, stainless steel appliances, new cabinetry and all new fixtures throughout – Bathroom improvements include; Upgraded vanity counters, tile flooring/wainscot, toilets and fixtures). The asset is comprised of One large 3 bedroom x 2 bathroom unit with in unit laundry, along with Four large 1 bedroom x 1 bathroom units. The asset is separately metered for gas and electric and has onsite laundry, 8 onsite garage spaces, with 2 additional open spaces (10 total). The grounds/garden beds have been beautifully manicured with a large tiled patio area perfect for weekend BBQ’s. Located just a short distance to Belmont Shore’s “2nd street”, which houses most of Long Beach’s best fashion stores, restaurants, bars and coffee shops. Perfect building for the sophisticated investor looking for a prime asset in an A+ location.

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Property
Information

2300000 List Price
5 Units
4717 Sq.Ft
8266 Lot Size (Sq.Ft)
7 Bedrooms
5 Full Bathrooms

Year Built:
1920
Property Type:
Investment, Residential, Multifamily, Apartment