Long Beach, CA 90814,311 Junipero AVE
Long Beach, CA 90814,311 Junipero AVE
Long Beach, CA 90814,311 Junipero AVE
7
$6,000,000
$6,000,000
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

11,316 SqFt

311 Junipero AVE Long Beach, CA 90814

Est. payment /mo
SOLD DATE : 12/08/2021

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP

Key Details

Sold Price $6,000,000

Property Type Single Family Home

Listing Status Sold

Purchase Type For Sale

Square Footage 11,316 sqft

Price per Sqft $530

Subdivision Belmont Park (Bp)

MLS Listing ID PW21194727

Sold Date 12/08/21

HOA Y/N No

Year Built 1962

Lot Size 6,503 Sqft

Acres 0.1493

Property Description

We are pleased to present a 16-unit multifamily property located at 311-315 Junipero Avenue located in Long Beach, CA. Built in 1954, the subject property consists of 11,316 rentable square feet spread throughout a 13,000 square foot lot. The building consists of ten 1-bedroom / 1-bathroom units, and six 2-bedroom / 1 -bathroom unit. It contains eight garages and a communal patio for tenants.

The units were fully renovated and re-imagined, including creative amenities such as new kitchens & bathrooms, vinyl floors, and open living areas. The layout for each unit was redesigned to maximize living space, emphasize natural light, and to accentuate modern architectural elements.

Tenants enjoy living between Downtown Long Beach and Belmont Shore, a short distance to local beaches, California State University of Long Beach, as well as shopping, restaurants, and nightlife. The city of Long Beach continues to progress forward and is currently experiencing major redevelopment. The Long Beach port is undergoing $4.4 billion in future redevelopment that will create 14,000 new and permanent jobs in Southern California. The city is undergoing a building boom with more than $5 billion in private and public investments in various stages of development. The new $520 million Long Beach Civic Center development will house a new City Hall, Port of Long Beach headquarters and the Main Library. Long Beach sustains its ability to attract renters due to its strong economy and quality of life.

Location

State CA

County Los Angeles

Area 1 - Belmont Shore/Park, Naples, Marina Pac, Bay Hrbr

Zoning LBR1N

Interior

Laundry None

Exterior

Pool None

Community Features Curbs, Sidewalks

Private Pool No

Building

Lot Description 16-20 Units/Acre

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Special Listing Condition Standard

Lease Land No

Confidential INFO

BAC 1.25

TERMS 1031 Exchange,Cash,Cash To New Loan

LIST AGRMT Exclusive Right To Sell

LIST SERVICE Full Service

SHOW CONTACT TYPE Agent

SHOW INSTRUCTIONS Contact Agent

Read Less


CRMLS Plus
Listed by Marcus & Millichap
Bought with Pat Swanson
GET MORE INFORMATION
agent

Mark Witte

Agent | License ID: 02102425

+1(949) 269-7270

Name
Phone*
Message