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Listed by Mark Lima • Lima Real Estate Group
$2,050,000
Est. payment /mo
8,346 Sqft Lot
New
1675 Loma AVE Long Beach, CA 90804
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CROC25184469
Year Built 1976
Lot Size 8,346 Sqft
Source California Regional MLS
Property Description
This is a great opportunity to own a 7 unit apartment building with a tremendous amount of upside. 1675 Loma Avenue features 7,208 Square Feet of living space split among 7 units, with a front unit that is a 3 Bedroom/2 Bathroom, and six units that are 2 Bedroom/2 Bathroom. The building features enclosed private garages that park 8 cars, as well as an additional parking spot at the end of the building. All units are individually metered for gas and electric, In terms of location, it doesn't get any better than this. The area has strong rental demand from perspective tenants, and the property is centrally located just south of PCH in East Long Beach, and conveniently close to schools, parks, shopping, dining, entertainment, downtown Long Beach, Long Beach City College, Cal State Long Beach University, major transit, and so much more. This is a great opportunity to buy a a great investment property with a tremendous amount of upside for adding value, maximizing income, and creating substantial equity.
Location
State CA
County Los Angeles
Area 3 - Eastside, Circle Area
Interior
Heating Wall Furnace
Cooling None
Laundry Community Facility
Exterior
Garage Spaces 9.0
Pool None
Building
Water District - Public
Others
Tax ID 7259003034
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