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Listed by Maggie Monge • MagiCal Properties, Inc.
$1,650,050
Est. payment /mo
5,022 Sqft Lot
Price Dropped by $85K
1500 E 1st ST Long Beach, CA 90802
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Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRRS25187509
Year Built 1906
Lot Size 5,022 Sqft
Property Sub-Type Triplex
Source California Regional MLS
Property Description
Investors pride of ownership. This stylish 3 unit complex is located minutes from the beach and beautiful downtown Long Beach. All units have been remodeled and features a welcoming, private entrance leading to the units. Upper unit is a 2 bedroom, 1 bath with a spacious living room layout with laundry hook-ups and 2 balcony's to enjoy the view on a nice day. The other two units are a charming and cozy 1 bedroom with 1 bath located on the lower level with nice space between them and no common walls for privacy. Perfect for a tenant or smaller family. There is also a 4th vacant unit that was converted from a storage room to a studio apt with a balcony. Not permitted but the structure was there and then remodeled into a studio. Complex comes with a laundry room for lower units to enjoy without having to leave the premises while also providing additional income to the investor. This is a unique investment opportunity for anyone looking to grow their portfolio. Come and take a look at this outstanding opportunity to own in the heart of Long Beach and in one of the areas most desirable locations.
Location
State CA
County Los Angeles
Area 4 - Downtown Area, Alamitos Beach
Interior
Heating Floor Furnace , Wall Furnace
Cooling None
Flooring Laminate
Laundry Laundry Area, 30, Other
Exterior
Parking Features No Parking
Pool 31, None
View City Lights
Roof Type Shingle
Building
Lot Description Paved
Foundation Raised
Water Hot Water, District - Public
Others
Tax ID 7265014001
Special Listing Condition Not Applicable
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