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Key Details
Sold Price $1,394,200
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Subdivision Eastside (Es)
MLS Listing ID PW23220535
Sold Date 02/26/24
HOA Y/N No
Year Built 1953
Lot Size 6,499 Sqft
Property Description
We are delighted to introduce Obispo Avenue, an exquisite 6-unit apartment complex situated in the heart of East Side Long Beach. This exceptional property comprises of five (5) generously proportioned one-bedroom units and one (1) spacious two-bedroom unit with a laundry facility on site. The property is individually metered for electric and gas. Some of the units have modern amenities, including gas stoves, elegant wood flooring, stunning granite countertops, ceiling fans, wall heaters, and stainless-steel sinks. Investors looking for value add this property has four spacious enclosed garages, providing potential ADU’s to increase value of the property. With approximately 25% upside in rents, this is an ideal investment opportunity.
Location
State CA
County Los Angeles
Area 3 - Eastside, Circle Area
Zoning LBR2N
Rooms
Ensuite Laundry Common Area
Interior
Laundry Location Common Area
Fireplace No
Laundry Common Area
Exterior
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Sidewalks
Total Parking Spaces 4
Private Pool No
Building
Lot Description Rectangular Lot
Story 1
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 7258012003
Acceptable Financing Conventional
Listing Terms Conventional
Financing Cash
Special Listing Condition Standard
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Bought with Christopher Walker • Triqor Group
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