Long Beach, CA 90802,1260 E 2nd ST
Long Beach, CA 90802,1260 E 2nd ST
Long Beach, CA 90802,1260 E 2nd ST
5
$7,500,000
$7,500,000
Est.Price: ?

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14,293 SqFt

1260 E 2nd ST Long Beach, CA 90802

Est. payment /mo
SOLD DATE : 04/26/2022

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Key Details

Sold Price $7,500,000

Property Type Single Family Home

Listing Status Sold

Purchase Type For Sale

Square Footage 14,293 sqft

Price per Sqft $524

MLS Listing ID OC22029024

Sold Date 04/26/22

HOA Y/N No

Year Built 1954

Lot Size 0.280 Acres

Acres 0.28

Property Description

1260 East 2nd Street is a 20-unit fully renovated, turn-key multifamily investment property located in Long Beach, a premier rental market in Los Angeles County, California. Fully renovated in 2018, the property received significant capital improvements which modernized the building's exterior, common areas, and unit interiors. These improvements include brand new windows, a fresh two-tone paint scheme, wood slat security doors, upgraded lighting, as well as new cabinetry, stainless steel appliances, and quartz countertops in the interiors. This turn-key asset offers an excellent unit mix consisting of studio, one, two, and three-bedroom floor plans. Amenities include a community barbeque and picnic area, controlled access, a central courtyard, on-site laundry, garage parking, hardwood flooring, and storage lockers.

Location

State CA

County Los Angeles

Area 699 - Not Defined

Zoning LBR4R

Interior

Laundry Community

Exterior

Garage Spaces 9.0

Pool None

Community Features Curbs, Sidewalks

Private Pool No

Building

Lot Description Level with Street

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 2.0

TERMS 1031 Exchange,Cash To New Loan

LIST AGRMT Exclusive Right To Sell

LIST SERVICE Full Service

SHOW CONTACT TYPE Agent

SHOW INSTRUCTIONS *Drive by only. Do not walk the property or disturb the residents. Please contact the Listing Agent.*

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

Mark Witte

Agent | License ID: 02102425

+1(949) 269-7270

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