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Listed by Ryan Pratt • Skyline Commercial Real Estate
$3,500,000
Est. payment /mo
4,712 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 4,712 sqft
Price per Sqft $742
MLS Listing ID CRNP25184444
HOA Y/N No
Year Built 1919
Lot Size 8,269 Sqft
Property Sub-Type OTHER
Source Datashare California Regional
Property Description
Pleased to present the opportunity to acquire The Ocean Blvd Fourplex, a 4 unit apartment building located in the Alamitos Beach area of Long Beach, CA. The property offers an excellent mix of units including (4) large 2 bedroom 1 bath units each facing the ocean with 6 detached garages, a rare benefit in coastal Long Beach. Current zoning allows for huge development potential including replacing the existing structure with a four story building consisting of (12) 2 bedroom 1 bath units or maintaining the existing structure and utilizing the open space to build (4) ADU's. This is a unique opportunity for an investor to acquire an asset in a premium location with massive potential.
Location
State CA
County Los Angeles
Interior
Fireplace No
Laundry Common Area
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Deeana Owens
Broker | Owner | CA BRE#CA: 02015510, GA: 295613
Broker | Owner CA BRE#CA: 02015510, GA: 295613