1604 E 1st Street

5

Beautiful quadruplex is in the desirable Alamitos Beach area of Long Beach. Walking distance to beach, parks, boutiques, restaurants and cafes. The City of Long Beach continues to progress with tremendous $2.2 billion redevelopment. This prime location is non-rent control and are in beautiful condition. This property presents investors with opportunity to acquire a turn-key investment with upside in market rents and an attractive 3% CAP rate. Beautifully landscaped and professional maintained. Each unit has an assigned detach garage.
1604 E 1st Street, Long Beach, CA 90802 | Residential Income | Active | 4512 SF | 8274 SF Lot | Built 1919 | 2 Stories | MLS# OC19009765

Offered at $1,698,000

Features

Interior Features: 2 Staircases,Balcony | Garage Spaces: 5 | Parking Spaces: 5 | Pool: No | Colling : See Remarks | Heating : Central Furnace

Meet an expert

Troy Palmquist
Agent | DRE# 01772139

805.409.3662

Based on information from California Regional Multiple Listing Service, Inc. as of November 18, 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Listing provided by
Yolanda Wallace, First Team Estates, Source: Local MLS