1323 E Florida Street,  Long Beach CA, 90802 (Residential Income)

3,480 sqft
Status: Pending
MLS#: PW16703554
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Last Updated: 12/4/2016 4:03 PM
Description for 1323 E Florida Street Long Beach, CA 90802
The Casa Del Mar Apartments is a 4 unit apartment building in the burgeoning Retro Row neighborhood of Long Beach. This property offers investors the rare opportunity to acquire a property in a strong, non-rent controlled market. The Property was originally constructed in 1922 and is comprised of 4 large one bedroom one bathroom units, that could be perfectly suited for an owner/user. The building has been well maintained and features 4 covered garage parking spaces, and laundry hookups in every unit, new updated electrical panel. The units have been recently upgraded and all the units have hardwood floors. All units are separately metered for electricity and gas. The property is located less than a mile away from the beach, Downtown Long Beach, Alamitos Beach, and enjoys easy access to local freeways and public transportation. The property is also within walking distance of the shops and restaurants along the 4th Street Corridor, which is home to over 40 Independent merchants such as cafes, coffee shops, retail stores, bakeries, and much more.
Price
$1,123,000
Los Angeles
3,480 (approx)
PW16703554
Pending
Description
The Casa Del Mar Apartments is a 4 unit apartment building in the burgeoning Retro Row neighborhood of Long Beach. This property offers investors the rare opportunity to acquire a property in a strong, non-rent controlled market. The Property was originally constructed in 1922 and is comprised of 4 large one bedroom one bathroom units, that could be perfectly suited for an owner/user. The building has been well maintained and features 4 covered garage parking spaces, and laundry hookups in every unit, new updated electrical panel. The units have been recently upgraded and all the units have hardwood floors. All units are separately metered for electricity and gas. The property is located less than a mile away from the beach, Downtown Long Beach, Alamitos Beach, and enjoys easy access to local freeways and public transportation. The property is also within walking distance of the shops and restaurants along the 4th Street Corridor, which is home to over 40 Independent merchants such as cafes, coffee shops, retail stores, bakeries, and much more.
Listing Information
Property Type: Cluster, Spanish
0.11 Acres 495,000 sq.ft. 3,480 (approx)
$322.7 1922
Yes- 4 spaces Stucco
4 Total
Neighborhood
Room Information
Gas Dryer Hookup, Inside
Kitchenette
Bathtub
Interior Features
Refrigerator
Hardwood, Ceramic Tile
None
Wall Unit, Floor Furnace
No Fireplace
Exterior / Lot Features
4 Garage Spaces, 4 Parking Spaces, Assigned Parking Space, Garage
Stucco
Balcony
Asphalt
None
No Pool
LBR1N
Chain Link
Gutters, Sidewalks, Street Lights, Curbs Walk, Storm drains
Driving Directions
Cross Streets: Orange
Financial Considerations
7275006016
$75,960 Income ,$25,159Expense
Listing Price History

Long Beach Real Estate

Long Beach is located in California. Long Beach, California 90802 has a population of 463,589.

The median household income in Long Beach, California 90802 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 90802 is 33.2 years.

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Courtesy: Coldwell Banker Commercial George Bustamante
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Information is deemed reliable but is not guaranteed.

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