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825 E Ocean Boulevard

Long Beach, CA 90802
  • $1,995,000
  • STATUS: Active
  • ON SITE: 36 Days
  • ID#: PW21200551
UPDATED: 39 min ago
$1,995,000
  • 0
    BEDS
  • 0.09
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1922
County:

School Ratings & Info

Description

WE ARE pleased to present the opportunity to acquire 825 E. Ocean Blvd, 4-unit multifamily investment property located in Long Beach, one of the premier housing markets in Southern California.825 E. Ocean Blvd consists of One large 1 Bedroom and 1 Bath unit floor plan, TWO large 2bedroom and 1 Bath floor plan and ONE large Studio which offers amenities like- Stove- Dishwasher- Washer/Dryer in units- Tankless water heaters- Keyless Entry- New Countertops- Soft Close Cabinetry- Modern Fixtures- Updated kitchen and bathrooms- Beautiful Hardwood Flooring- Recessed Lighting- Full Bath- Garages for additional incomeAdditionally Ocean property offers Amenities Including Ocean Views, Private Patios and Balconies and a Central Courtyard.825 E. Ocean Blvd is located in the highly sought-after Alamitos Beach neighborhood and is just steps away from Junipero Beach and Alamitos Beach, two of the citys most popular beaches. The property is also within walking distance to Retro Row, which offers numerous shopping, dining, and entertainment options. 825 E. Ocean Blvd is under a mile away from The Promenade and the Pike Outlets, providing residents with easy access to a plethora of shopping and dining destinations.Given the overall strength of the apartment market in Long Beach, specially Alamitos Beach, 825 E. Ocean Blvd offers an investor the ability to capture quality tenants seeking an exceptional living experience within a vibrant neighborhood. The areas surrounding the property provide tenants convenient access to a wide variety of activities, employment, transportation and retail amenities. This overall demand for a well-located and intensively renovated apartment building will be a key driver in the continued growth and success at 825 E. Ocean Blvd.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-10-17T08:25:24.643. 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 deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.
www.therealestategirl.com/homes/121338987
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825 E Ocean Boulevard Long Beach, CA 90802

  • Price: $1,995,000
  • Status: Active
  • Updated: 39 min ago
  • ID#: PW21200551
0
Beds
0
Baths
0
½ Baths
0.09
Acres
1922
Built
Neighborhood:
Alamitos Beach (Ab)
County:
Los Angeles
Area:
4 - Downtown Area, Alamitos Beach
Property Description
WE ARE pleased to present the opportunity to acquire 825 E. Ocean Blvd, 4-unit multifamily investment property located in Long Beach, one of the premier housing markets in Southern California.825 E. Ocean Blvd consists of One large 1 Bedroom and 1 Bath unit floor plan, TWO large 2bedroom and 1 Bath floor plan and ONE large Studio which offers amenities like- Stove- Dishwasher- Washer/Dryer in units- Tankless water heaters- Keyless Entry- New Countertops- Soft Close Cabinetry- Modern Fixtures- Updated kitchen and bathrooms- Beautiful Hardwood Flooring- Recessed Lighting- Full Bath- Garages for additional incomeAdditionally Ocean property offers Amenities Including Ocean Views, Private Patios and Balconies and a Central Courtyard.825 E. Ocean Blvd is located in the highly sought-after Alamitos Beach neighborhood and is just steps away from Junipero Beach and Alamitos Beach, two of the citys most popular beaches. The property is also within walking distance to Retro Row, which offers numerous shopping, dining, and entertainment options. 825 E. Ocean Blvd is under a mile away from The Promenade and the Pike Outlets, providing residents with easy access to a plethora of shopping and dining destinations.Given the overall strength of the apartment market in Long Beach, specially Alamitos Beach, 825 E. Ocean Blvd offers an investor the ability to capture quality tenants seeking an exceptional living experience within a vibrant neighborhood. The areas surrounding the property provide tenants convenient access to a wide variety of activities, employment, transportation and retail amenities. This overall demand for a well-located and intensively renovated apartment building will be a key driver in the continued growth and success at 825 E. Ocean Blvd.
Exterior Features

Lot Features Near Public TransitYard Number Of Separate Electric Meters 4 Parking Total 2 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Appliances DryerWasher Common Walls 2+ Common Walls Fireplace Features Living Room Fireplace YN Yes

Property Features

Additional Parcels YN No Common Interest None Community Features Dog ParkParkStreet LightsSidewalksWater Sports Electric Expense 1430 Garage YN Yes Gross Income 115178 Gross Scheduled Income 118740 Insurance Expense 1688 Land Lease YN No Levels Two Listing Agreement Exclusive Right To Sell Listing Service Entry Only Listing Terms Cash1031 Exchange Net Operating Income 84122 New Construction YN No Number Of Separate Gas Meters 4 Number Of Separate Water Meters 4 Operating Expense 32056 Rent Control YN Yes Senior Community YN No Sewer Other Special Listing Conditions Standard Trash Expense 2800 Water Sewer Expense 1200 Water Source Public Zoning Lbr4r

Listing provided courtesy of Alec Kara of Keller Williams Pacific Estate


Based on information from California Regional Multiple Listing Service, Inc. as of 2021-10-17T08:25:24.643. 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 deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.
 
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