337 Atlantic Avenue, Long Beach, CA 90802

$2,200,000
List Price
$2,200,000
Status
ACTIVE
MLS#
PW17234494
Year Built
1991
Lot Size
7,509
Lot Location
2-5 Units/Acre
Days on Market
4
Property Type
Multifamily
Neighborhood
Alamitos Beach (Ab)

Property Description

We are pleased to present a 5 unit apartment building located at 337 Atlantic Avenue in Long Beach, California. The property has a rare characteristic of being built in 1991 and can converted to condos and is located in the East Village Area where many new developments are set for 2018 and 2019. It consists of 7,508 rentable square feet spread throughout a 7,788 square foot lot. Two units are 3 bedrooms / 2.5 bathrooms and three units are 2 bedrooms / 2.5 bathrooms. Each of the units has patios and balconies. The property is separately metered for gas, electricity and water with copper plumbing throughout the entire building. There are washer and dryer hookups in every unit. There are 11 parking spaces for tenant convenience and potential owner extra income. The subject property is located in Alamitos Beach Owners enjoy the high demand for rentals in a coastal city of Southern California. Tenants enjoy living just three blocks from the ocean and walking distance to Downtown Long Beach where there are shops, restaurants, cafes, entertainment centers and grocery stores.

Additional Information

Tract Number
576200
Lot Description
Curbs, Sidewalks
Pool Description
None
Sewer
Unknown
Water
Public
Attached Structure
Attached

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Kevin King from Marcus & Millichap

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.