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Listed by Damien Breaux • Morgan Skenderian
$ 2,095,000
Est. payment | /mo
6,087 SqFt
$ 2,095,000
Est. payment | /mo
6,087 SqFt
Key Details
Property Type Single Family Home
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 6,087 sqft
Price per Sqft $344
Subdivision Downtown
MLS Listing ID PW-24222778
Year Built 1922
Lot Size 8,255 Sqft
Property Sub-Type Apartment
Property Description
Pleased to present 833 E. 1st Street, a 10*-unit apartment investment opportunity located in the sought-after Long Beach neighborhood of Alamitos Beach. Offered for sale for the first time in decades, the property is ideally located just a short walk from the beach, and mere minutes from both Downtown and Retro Row. It is comprised of (8) 1-bedroom/1-bathroom single story units in the front building, plus a huge 3-bedroom/2-bathroom in the back, above the studio and garages. 833 E. 1st St. offers substantial upside potential by updating the units and bringing rents closer to market levels. *The studio unit is non-conforming.
Location
State CA
County Los Angeles
Area 4 - Downtown Area, Alamitos Beach
Zoning LBR4R
Interior
Laundry Community
Exterior
Parking Features Gated
Garage Spaces 6.0
Pool None
Community Features Curbs, Gutters, Sidewalks
Building
Lot Description Lot 6500-9999
Sewer Public Sewer