Long Beach, CA 90802,1246 E 2nd ST
Long Beach, CA 90802,1246 E 2nd ST
Long Beach, CA 90802,1246 E 2nd ST
7
$6,250,000
$6,605,000
5.4%
Est.Price: ?

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14,293 SqFt

1246 E 2nd ST Long Beach, CA 90802

Est. payment /mo
SOLD DATE : 08/14/2019

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Key Details

Sold Price $6,250,000

Property Type Condo

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

Square Footage 14,293 sqft

Price per Sqft $437

Subdivision Alamitos Beach (Ab)

MLS Listing ID OC19094422

Sold Date 08/14/19

HOA Y/N No

Year Built 1954

Lot Size 0.290 Acres

Acres 0.29

Property Sub-Type Apartment

Property Description

1246 East 2nd Street is a 20-unit multifamily investment property in Long Beach, one of the premier housing markets in Southern California.
Specifically, the property is located in the Alamitos Beach neighborhood, just steps from the ocean, a short walk to Downtown, and minutes to Belmont Shores. 1246 East 2nd Street was fully renovated in 2017 with upgrades including new paint, windows, entry gates, courtyard, countertops, appliances, and more. Given the demand for modern and unique housing options, 1246 East 2nd Street provides a distinct competitive advantage over other units in the area with higher asking rents. The 14,293 square foot property consists of studio, one-, two-, and three-bedroom floor plans. Originally built in 1954, 1246 East 2nd Street offers amenities including communal courtyard, custom barbecue, individual garage parking, an on-site laundry facility, controlled access, storage lockers, and more.

Location

State CA

County Los Angeles

Area 4 - Downtown Area, Alamitos Beach

Zoning LBR4R

Interior

Laundry Community

Exterior

Garage Spaces 9.0

Pool None

Community Features Sidewalks

Private Pool No

Building

Lot Description Landscaped

Story 2

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Special Listing Condition Standard

Lease Land No

Confidential INFO

BAC 50000.0

TERMS 1031 Exchange,Cash,Cash To New Loan

LIST AGRMT Exclusive Right To Sell

LIST SERVICE Full Service

SHOW CONTACT TYPE Agent

SHOW INSTRUCTIONS Please contact the listing agent. Do not disturb the tenants.

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CRMLS Plus
Listed by Marcus & Millichap RE Invest
Bought with The Agency
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agent

Mark Witte

Agent | License ID: 02102425

+1(949) 269-7270

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