Sold: Jun 16, 2021
Address
1125 E Carson Street Long Beach, CA
Price
$ 2,350,000
Property Attributes
  • MLS#PW21027154
  • TypeIncome
  • CountyLOS ANGELES
  • CityLong Beach
  • Zip90807
  • Style
  • Price$ 2,350,000
  • Bedrooms8
  • Full Bathrooms8
  • Half Bathrooms0
  • Lot Size9,006 SqFt
Listing Provided Courtesy Of:
Kevin King with Marcus & Millichap -
Data Source:
California Regional MLS (CRMLS) - 25 - CA
Property Description

is pleased to present an 8-unit apartment building located in Long Beach, California. Built in 1948, the subject property consists of 6,937 rentable square feet spread throughout a 9,006 square foot lot. There is four 1-bedroom / 1-bathroom units and four 2-bedroom / 1-bathroom units. It has a pitched roof and contains five garages. Owners enjoy the high demand for rentals in a coastal city of Southern California. Tenants enjoy living in proximity to Bixby Knolls where there are many shops, restaurants, cafes, entertainment venues and grocery stores. The city of Long Beach continues to progress forward and is currently experiencing major redevelopment. The Long Beach port is undergoing $4.4 billion in future redevelopment that will create 14,000 new and permanent jobs in Southern California. The city is undergoing a building boom with more than $5 billion in private and public investments started in 2018 and more expected this year. The new $520 million Long Beach Civic Center development will house a new City Hall, Port of Long Beach headquarters and the Main Library. Long Beach sustains its ability to attract renters due to its strong economy and quality of life.

Price History
2/9/2021 Listed $2,395,000

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 90807

Price
AVG $1.4M
$2.35M

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