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FOR SALE | 13 Units in Downtown Long Beach, Ca

Overview

FOR SALE – 13 Units in Downtown Long Beach, CA
Exclusively Offered at $2,900,000

928 Long Beach is located in the highly desirable Downtown neighborhood in Long Beach on the highly coveted street of Long Beach Blvd near major developments and the Metro Blue Line. This rare 13 unit property offers an investor and/or owner-occupier to acquire a rare value add investment opportunity in a strong developing rental market.

The property boasts an extremely large 5 bedroom Victorian house in the front, and (12) bungalow style single units in the rear. The building was originally built in 1920 with a total size of 6,793 SF, sitting on a large 12,502 SF lot zoned PD-30 in the Downtown Plan allowing for potential development opportunity.

Prime Location in Long Beach near Downtown, Retro Row, Ocean, Dignity Health Medical Hospital, Port of Long Beach, Queen Mary, Shoreline Village, Restaurants & Shops.

PROPERTY FEATURES

  • Month to Month Tenancy with Front Unit Vacant.
  • Below Market Rents in a Strong Rental Area.

Summary

Offering Price:
$2,900,000

Total Units:
13

Building SF:
6,793 sf

Lot Size:
12,502 sf

Year Built:
1920

Zoning
PD-30

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