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Property Description

1701 Park Avenue, a 9-unit multifamily investment property located in Long Beach, CA. 1701 Park Avenue offers a highly desirable mix consisting exclusively of two-bedroom units and amenities including garage and carport parking, as well as on-site laundry. 1701 Park Avenue is situated in the highly sought-after Park Estates neighborhood of Long Beach. Residents enjoy the property’s prime Long Beach location, with an abundance of hot spots within a 1.5-mile radius of the property. The property is within walking distance of numerous major retail centers surrounding the Los Alamitos Traffic Circle. Additionally, the property is situated in close proximity of both California State University, Long Beach and the Timor Rubin VA Medical Center, two major housing and employment drivers for the city. Furthermore, the property’s close proximity to Recreation Park and the Alamitos Bay provides residents with easy access to an abundance of recreation and leisure activities. The property’s ideal Long Beach location surrounded by an abundance of recreational, educational, and retail amenities are a primary draw for potential renters. This overall demand for well-located rental units will be a key driver in the continued growth and success at 1701 Park Avenue.

Features
2
1
: Community
0
: Curbs, Sidewalks, Gutters
Additional Information
Marcus & Millichap RE Invest
0
OCLEESTYL
H05626
Tyler
7220002009
: Standard
3
Two
35

Multi-Family For Sale

1701 Park Avenue, Long Beach, California 90815

6,750 Sqft
$3,100,000
Listing ID #OC24151346
Basic Details
Status : Active under contract
DaysOnMarket : 66
Property Type : Multi-Family
Listing Type : For Sale
Listing ID : OC24151346
Price : $3,100,000
Living Area : 6,750 Sqft
Lot Size : 8,712 Sqft
Year Built : 1961
Country : US
State : California
County : Los Angeles
City : Long Beach
Zipcode : 90815
Price Per Square Foot : $459
Subdivision : Circle (CA)
ModificationTimestamp : 2024-09-27 14:06:59
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