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4041 E 2Nd St

Long Beach, CA 90803
  • $4,315,000
  • STATUS: Active
  • ON SITE: 108 Days
  • ID#: 21-758504
UPDATED: 60 min ago
$4,315,000
  • 14
    BEDS
  • 0.1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,758
    SQFT
  • $639
    $/SQFT
Type:
Multi-Family
Built:
1950
County:

School Ratings & Info

Description

10-unit garden style community with great unit mixed comprised of 1-bed, 2-bed, 3-bed and Studio units with ocean views and three private garages. Investors have the opportunity to add value to this great property located in prime Belmont Heights, one of the most sought-after coastal communities. The asset's highly sough-after location is just a few steps from the ocean, Belmont Pier and walking distance to a multitude of retail corridors, restaurants, coffee shops and bars along Long Beach's busiest main streets, East Broadway and East 2nd Street. The neighborhood is a pedestrian friendly neighborhood boasting a walk score of 83.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-10-24T23:42:27.96. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.trulinerealty.com/homes/119113609
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4041 E 2Nd St Long Beach, CA 90803

  • Price: $4,315,000
  • Status: Active
  • Updated: 60 min ago
  • ID#: 21-758504
14
Beds
0
Baths
0
½ Baths
0.1
Acres
6,758
SQFT
$639
$/SQFT
1950
Built
Neighborhood:
Belmont Heights, Alamitos Heights
County:
Los Angeles
Area:
Belmont Heights, Alamitos Heights
Property Description
10-unit garden style community with great unit mixed comprised of 1-bed, 2-bed, 3-bed and Studio units with ocean views and three private garages. Investors have the opportunity to add value to this great property located in prime Belmont Heights, one of the most sought-after coastal communities. The asset's highly sough-after location is just a few steps from the ocean, Belmont Pier and walking distance to a multitude of retail corridors, restaurants, coffee shops and bars along Long Beach's busiest main streets, East Broadway and East 2nd Street. The neighborhood is a pedestrian friendly neighborhood boasting a walk score of 83.
Exterior Features

Covered Parking 3 Cross Streets Belmont Ave Direction Faces South Entry Location Other Levels Two Lot Location Corner Lot Lot Size Area 4230 Other Structures None Parking Garage AttachedPublicGarage Is AttachedGarage Roof CompositionShingle Total Parking 3 View Description CoastlineCity Lights View YN Yes

Interior Features

Baths Total 10.00 Cooling Other Equipment Other Flooring Ceramic TileTileWood Heating Wall Laundry Laundry AreaCommunity Laundry Equipment Own Water Heater Features Other

Property Features

Assessed Total Value 3735036 Gross Income 242820 Gross Operating Income 236700 Inclusions Laundry Unit Like Units1 1 Like Units2 6 Like Units3 1 Like Units4 2 Net Operating Income 155483.00 Number Of Buildings 1 Number Of Units 10 Property Condition Updated/Remodeled Sale Type Standard Security Features OtherFirewall(S)Exterior Security Lights Sewer In Street Source Living Area Assessor Source Lot Size Area Assessor Source Lot Size Dimensions Assessor Total Annual Expense 81217 Type Of Units Mix Water District Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning Lbr3s

Listing provided courtesy of David Acosta DRE#01871101 of Exp Realty Of California Inc.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-10-24T23:42:27.96. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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TruLine Realty
2999 Overland Ave., Suite 116
Los Angeles CA, 90064