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Key Details
Sold Price $1,700,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Alamitos Beach (Ab)
MLS Listing ID SB21123404
Sold Date 09/17/21
HOA Y/N No
Year Built 1920
Lot Size 3,310 Sqft
Property Description
This stunning remodeled 4 plex is now available at 1275 Broadway. Located in the heart of Alamitos Beach. This Turnkey gem is an investor's dream with zero headaches as it's been upgraded extensively and has no deferred maintenance whatsoever. (1) Unit to be delivered tenant ready!
With an "A+" location and ideal curb appeal, this is a perfect play for an Owner/User or any buyer looking to own a cash-flowing, low-maintenance asset.
1275 E Broadway is comprised of (4) very large 1-Bd/1-Ba Units. All units feature High-End adjustments, including flooring, granite countertops, new paint, new fixtures, as well as Dishwashers, Air Conditioning, new washers, and dryers. The property also features a shared back patio, perfect for hosting friends and family! The neighborhood features ample street parking, a rare commodity for Long Beach. Beneficial to the new owner, each is separately metered for gas and
electricity.
Located in Alamitos Beach, one of Long Beach's Top Rental Markets, and a walkscore of 90; this property is a Walkers paradise. Hip restaurants, bars, parks, and shopping are just a few steps away. The upside for this market is limitless as Long Beach has had $6 billion in new capital invested in new development including the Long Beach Civic Center, Long Beach Aquarium, OceanAire Project, CSULB Downtown Village, Broadway Block, The Pacific, and Queen Mary Island to name a few.
Location
State CA
County Los Angeles
Area 4 - Downtown Area, Alamitos Beach
Zoning LBR2N
Interior
Fireplace No
Laundry Inside
Exterior
Pool None
Community Features Biking, Curbs, Golf, Park, Sidewalks
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 7275010043
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
Special Listing Condition Standard
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Bought with Scott Kato • Keller Williams Pacific Estates La Mirada
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Adrian Castillo
Principal/Realtor | CA DRE#01308935
Principal/Realtor CA DRE#01308935