Property Description

Priced to sell! About 1 mile away from the beautiful Alamitos beach! Rare rental income opportunity with great monthly cash flow. This 7,096 square foot condo features 16 beds and 16 bathrooms with 8 (2beds/2baths) units. All 8 units offers attractive 2beds & 2baths with a large patio. Seller has recently put $220K into remodeling of all units with brand new kitchen and bathroom. It offers security fence, building owned laundry machines(2 washers/2 dryers), and fenced parking garage. Close to Downtown Long Beach, which has seen major redevelopment in recent years. rnrnNearby schools include Lincoln Elementary School, True Social Justice Academy and Clear Passage Educational Center. The closest grocery stores are La Bodega Market, Amigo’s Market and K H Market. It is near Peace Park, MacArthur Park and McBride Park with a fantastic 9.2 walking score.rnBuyer to Verify all information provided.

Features
: Wall Furnace
: Neighborhood
2
: Common Area
0
: Park, Urban
Additional Information
West Shores Realty, Inc.
0
SBLIUCHAN
sb1301220
Chang
7274010035
: Standard
8
Two
32

Multi-Family For Sale

1069 Martin Luther King Jr Avenue, Long Beach, California 90813

7,096 Sqft
$2,375,000
Listing ID #SB21087723
Basic Details
Status : Active
DaysOnMarket : 14
Property Type : Multi-Family
Listing Type : For Sale
Listing ID : SB21087723
Price : $2,375,000
Living Area : 7,096 Sqft
Lot Size : 6,526 Sqft
Year Built : 1987
Price Per Square Foot : $335
Subdivision : Alamitos Beach (AB)
ModificationTimestamp : 2021-05-10 10:59:39
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