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3312 E 2nd Street

Long Beach, CA 90803
  • $2,750,000
  • STATUS: Active
  • ON SITE: 143 Days
  • ID#: RS23115597
$2,750,000
  • 0
    BEDS
  • 0.19
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1923
County:

School Ratings & Info

Listing Agent(s): Martin Gonzalez of Realty Executives All Cities (562-925-1111)


Description

Location, Location, Location, 12 Units in one of Long Beachs most sought-after neighborhoods. This lovely single-story multi-unit apartment consists of 12 single units, All units are well maintained and some of them have been updated with new flooring, newer kitchen cabinets, and updated bathrooms, Property is located only a short distance from the water and close to coffee shops, restaurants, entertainment, public transportation, Enjoy world-class coastal living at its finest in this beautiful area that will yield investors a nice appreciation play for the future, This property will attract high-quality tenants and generate strong returns for years to come do not this opportunity to own a piece of one of the best areas of Long Beach.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-12-04T00:25:53.033. 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 Twiss Realty Group - Brokered by EXP. Licensed in the State of California, USA.
www.twissrealty.com/homes/141461117
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3312 E 2nd Street Long Beach, CA 90803

  • Price: $2,750,000
  • Status: Active
  • On Site: 143 Days
  • ID#: RS23115597
0
Beds
0
Baths
0
½ Baths
0.19
Acres
1923
Built
Neighborhood:
Bluff Park (Blf)
County:
Los Angeles
Area:
2 - Belmont Heights, Alamitos Heights
Property Description
Location, Location, Location, 12 Units in one of Long Beachs most sought-after neighborhoods. This lovely single-story multi-unit apartment consists of 12 single units, All units are well maintained and some of them have been updated with new flooring, newer kitchen cabinets, and updated bathrooms, Property is located only a short distance from the water and close to coffee shops, restaurants, entertainment, public transportation, Enjoy world-class coastal living at its finest in this beautiful area that will yield investors a nice appreciation play for the future, This property will attract high-quality tenants and generate strong returns for years to come do not this opportunity to own a piece of one of the best areas of Long Beach.
Exterior Features

Entry Level 1 Entry Location Street Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 12 Parking Total 0 Pool Features None Pool Private YN No Property Attached YN No Roof Composition

Interior Features

Common Walls No Common Walls Cooling None Cooling YN No Fireplace Features None Fireplace YN No Heating Wall Furnace Heating YN Yes

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Sidewalks Garage YN No Gross Income 181800 Gross Scheduled Income 181800 Insurance Expense 5000 Land Lease YN No Laundry Features None Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Submit Net Operating Income 118170 New Construction YN No Number Of Separate Gas Meters 12 Number Of Separate Water Meters 1 Number Of Units Leased 12 Operating Expense 63630 Property Sub Type Mixed Use Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Actual Rent 15150 Trash Expense 4000 Water Sewer Expense 12000 Water Source Public Zoning LBR2L



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-12-04T00:25:53.033. 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 Twiss Realty Group - Brokered by EXP. Licensed in the State of California, USA.
 
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Twiss Realty Group - Brokered by EXP
5036 Highway 140
Mariposa CA, 95338
Listing Agent(s): Martin Gonzalez of Realty Executives All Cities (562-925-1111)