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1260 E 2nd ST Long Beach, CA 90802
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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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Bought with Marcus & Millichap RE Invest