1135 Martin Luther King Jr Avenue,  Long Beach CA, 90813 (Residential Income)

13,536 sqft
Status: Sold
MLS#: PW16142722
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Last Updated: 12/10/2016 8:33 PM
Description for 1135 Martin Luther King Jr Avenue Long Beach, CA 90813
We are proud to offer a well-maintained, attractive apartment building located in heart of Long Beach. The subject property is situated within close proximity to numerous restaurants and shopping centers. The location attracts a strong renter pool who values the Long Beach city life style. Built in 1964, the subject property has 13,536 rentable square feet, nine garages, a laundry room, security key entry access with a lot size of 13,134 square feet. The unit mix consists of 18 two-bedroom/one-bath units. This is an extraordinary opportunity for an investor to acquire a quality asset in a prime location with true rental upside and stable return.
Price
Sold Price:
$2,600,000
Sold Date:09/20/2016
Los Angeles
13,536 (approx)
PW16142722
Closed
Description
We are proud to offer a well-maintained, attractive apartment building located in heart of Long Beach. The subject property is situated within close proximity to numerous restaurants and shopping centers. The location attracts a strong renter pool who values the Long Beach city life style. Built in 1964, the subject property has 13,536 rentable square feet, nine garages, a laundry room, security key entry access with a lot size of 13,134 square feet. The unit mix consists of 18 two-bedroom/one-bath units. This is an extraordinary opportunity for an investor to acquire a quality asset in a prime location with true rental upside and stable return.
Listing Information
Property Type: Cluster, Traditional
0.3 Acres 1,313,500 sq.ft. 13,536 (approx)
$192.08 1964
Yes- 9 spaces Brick, Concrete, Glass, Plaster, Stucco, Stone
7 Total
Neighborhood
Room Information
Dryer Connection, Hookups in Garage, Outside
Interior Features
Carpet and Other
Wall Unit
Window Blinds
Exterior / Lot Features
9 Garage Spaces, 9 Parking Spaces, Assigned Parking Space, Off Street
Stucco, Brick, Stone, Glass, Concrete, Plaster
Composition
Glass, Security Fenced Yard, Wrought Iron
Gutters, Sidewalks, Street Lights, Insulated Doors, Curbs Walk, Storm drains
Driving Directions
Cross Streets: Anaheim and Martin Luther King
Financial Considerations
7174005013
$182,736 Income ,$59,980Expense
Listing Price History

Long Beach Real Estate

Long Beach is located in California. Long Beach, California 90813 has a population of 463,589.

The median household income in Long Beach, California 90813 is $52,900. The median household income for the surrounding county is $56,241 compared to the national median of $53,046. The median age of people living in Long Beach 90813 is 33.2 years.

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Courtesy: Success One Realty, Inc Gary Daniels
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Information is deemed reliable but is not guaranteed.

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