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Property Description

249 Grand Ave is a true pride-of-ownership opportunity that has been meticulously maintained and upgraded throughout. Situated in a premier
pocket of the Belmont Heights submarket, this area stands out from any other pocket of Long Beach because of the wide, tree-lined streets and
low density neighborhood surrounded by single family homes. This gem features three units with a great mix of (2) 2 bedroom + 1 bath and (1) 1
bedroom + 1 bath units, all sitting on a 6,522 sqft lot! Step inside to discover stunning windows that flood the interior with natural light,
highlighting the attention to detail found throughout. The current owner has installed dedicated electrical, gas and water meters for each unit.
Landlord pays zero utilities. This building reflects a blend of classic charm and contemporary comfort. Additionally, there is a private patio to
provide the front building tenants with a tranquil setting for relaxation or entertainment. For the upstairs units, a major capital improvement
added a private deck for the tenants; quiet enjoyment. All major electrical has been replaced, as well as most of the plumbing throughout the
building. With its prime location and major capital improvements, this property presents a fantastic opportunity for investors who are looking to
enjoy the vibrant lifestyle that Long Beach has to offer. Please do not disturb the tenants and inquire for further information.

Features
: See remarks
2
1
: Gas & Electric Dryer Hookup, Washer Hookup
0
: Biking, Watersports, Urban
Additional Information
Lyon Stahl Investment Real Estate, Inc.
0
sbtakaste
sb1310620
Stephen
7255010015
: Standard
3
35

Multi-Family For Sale

249 Grand Avenue, Long Beach, California 90803

3,132 Sqft
$1,700,000
Listing ID #SB24056646
Basic Details
Status : Active
DaysOnMarket : 57
Property Type : Multi-Family
Listing Type : For Sale
Listing ID : SB24056646
Price : $1,700,000
Living Area : 3,132 Sqft
Lot Size : 6,522 Sqft
Year Built : 1930
Country : US
State : California
County : Los Angeles
City : Long Beach
Zipcode : 90803
Price Per Square Foot : $543
Subdivision : Belmont Heights (BH)
ModificationTimestamp : 2024-05-17 13:11:51
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