825 East Ocean Blvd., Long Beach, CA 90802
Offered at $2,300,000
Fantastic opportunity to own an income producing
4-unit beach property with Harbor views.
You cannot beat this location or cash flow!
Fantastic opportunity to own an income producing 4-unit beach property with Harbor views. You cannot beat this location or cash flow! Located in Alamitos Beach just steps away from the beach and downtown Long beach where urban living meets the waterfront. Close to some of the best amenities south of LA and in the city’s most bike-friendly and walk-able neighborhood. Moments away from East Village Arts District, Pike Shopping Center, Queen Mary, Long Beach Aquarium, Catalina Island Express Ferries, Bixby Park and the great dining options Long Beach is recognized for.
All 4 units come fully furnished and have a “private living” atmosphere with their own separate entrances.
Front 2 units are both 2 bedroom/ 2 bathroom units and over 1100 square feet each, upgraded with tile and wood/laminate flooring, upgraded kitchens and bathrooms, newer appliances, double pane windows.
The upstairs unit has a massive outdoor deck (10×20), perfect for entertaining.
The 1 bedroom/1 bathroom unit is approximately 900 sqft with a private entrance, and fully upgraded.
The studio is also upgraded and 450 sqft.
Other features include 2 separate garages with automatic doors, 1/2 basement for storage, a large upstairs deck, and smaller downstairs deck. All units have direct access to a lovely courtyard
complete with landscaping and sidewalks…..YES a YARD in downtown Long Beach!
See rent rolls and cash flow analysis. All units delivered vacant so that a future owner may occupy or take advantage of seasonal short-term rental rates.