$3,000,000
$3,250,000
7.7%For more information regarding the value of a property, please contact us for a free consultation.
1721 E Appleton ST Long Beach, CA 90802
8,267 Sqft Lot
Key Details
Sold Price $3,000,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Subdivision Alamitos Beach (Ab)
MLS Listing ID PW24241198
Year Built 1957
Lot Size 8,267 Sqft
Property Sub-Type Apartment
Property Description
Located in the sought-after Alamitos Beach of Long Beach near Bixby Park. Value add property with approximately 33% in rental upside. This property offers a unit mix of (10) ten one-bedrooms and (2) two two-bedrooms. Pride of ownership offering a well-maintained property for new ownership. Recent renovations include copper plumbing and windows throughout. The property offers convenient laundry facility on site. The units themselves are well-appointed with gas cooking, electric heating, hardwood floors, and ceiling fans, and wall heaters ensuring a comfortable living environment. The building has a historically high tenant retention rate, due to its location in highly desirable North Alamitos Beach.
Location
State CA
County Los Angeles
Area 4 - Downtown Area, Alamitos Beach
Zoning LBR2N
Interior
Laundry Common Area
Exterior
Garage Spaces 6.0
Garage Description 6.0
Pool None
Community Features Sidewalks
Building
Lot Description Rectangular Lot
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Conventional
Listing Terms Conventional
Special Listing Condition Standard
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Bought with Christopher Walker • Triqor Group