737 E 5th ST Active

Long Beach,CA 90802

$ 4500000

- Bed

- Bath

12412 SqFt


Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 12,412 sqft

Price per Sqft $362

MLS Listing ID PW24229677

HOA Y/N No

Year Built 1964

Lot Size 7,466 Sqft

Acres 0.1714

Property Description

We are pleased to present a very well maintained 14- unit apartment in a fantastic East Village location. The building was built in 1964 and features 4 one-bedroom units, 4 two-bedroom units, and 6 two-bedroom two bath units. Current ownership has taken extremely good care of these buildings and over the years has replumbed the building, upgraded the electrical, installed new windows, installed a new roof and in general created a turnkey asset or a new investor. The current rents are slightly below market allowing a new owner to raise rents without turnover.

Location

State CA

County Los Angeles

Area 699 - Not Defined

Zoning LBPD30

Interior

Heating Natural Gas

Laundry Community

Exterior

Garage Spaces 7.0

Pool None

Community Features Curbs,Sidewalks

Private Pool No

Building

Lot Description 11-15 Units/Acre

Story 3

Sewer Public Sewer,Septic Type Unknown

Water Public

Level or Stories Two,Three Or More

New Construction No

Others

Senior Community No

Special Listing Condition Standard

Confidential INFO

TERMS 1031 Exchange,Cash,Cash To New Loan

LIST AGRMT Exclusive Right To Sell

LIST SERVICE Full Service

SHOW CONTACT TYPE Agent

SHOW CONTACT NAME Joe Linkogle

SHOW CONTACT PH (562) 257-1226

SHOW INSTRUCTIONS Pls Contact Agent (562) 257-1226 direct joseph.linkogle@marcusmillichap.com

View More
Favorite Go Tour