$3,475,000
$3,300,000
5.3%For more information regarding the value of a property, please contact us for a free consultation.
4,051 Sqft Lot
SOLD DATE : 08/31/2021
Key Details
Sold Price $3,475,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Peninsula (Pi)
MLS Listing ID PW21087303
Sold Date 08/31/21
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1964
Lot Size 4,051 Sqft
Property Description
Amazing opportunity to own a premier property on the coveted Peninsula in Long Beach. Perfectly located in the heart of this beach community, this 8 unit property superbly positioned between the Pacific Ocean and Alamitos Bay. Built in 1964 this building consists of 4- 2 bedroom 1 bath and 4- 1 bedroom 1 bath units. All the units are very spacious with lots of light. The 2 bedroom units enjoy water views They are separately metered and all have their own garages. A convenient laundry room is next to the garages. Many of the units are upgraded and all are in good condition. With such a desirable location and outstanding lifestyle: bike riding, paddle boarding, swimming, close to the shops and restaurants in the neighborhood and in Belmont Shore, these units are easily rentable. An investor’s showpiece!
See analysis for more information.
Location
State CA
County Los Angeles
Area 1 - Belmont Shore/Park, Naples, Marina Pac, Bay Hrbr
Zoning LBPD3
Interior
Fireplaces Type None
Fireplace No
Laundry Common Area
Exterior
Parking Features Assigned, Garage
Garage Spaces 8.0
Garage Description 8.0
Pool None
Community Features Biking, Curbs, Dog Park, Sidewalks, Water Sports
Waterfront Description Ocean Access
View Y/N Yes
View Neighborhood, Ocean, Water
Total Parking Spaces 8
Private Pool No
Building
Lot Description 0-1 Unit/Acre, Near Public Transit, Walkstreet
Sewer Public Sewer
Water Private
Architectural Style Mid-Century Modern
New Construction No
Construction Status Updated/Remodeled
Others
Senior Community No
Tax ID 7245024035
Acceptable Financing Cash to New Loan, Court Approval
Listing Terms Cash to New Loan, Court Approval
Financing Cash
Special Listing Condition Standard
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Bought with Gary Tolfa • Triqor Group
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "