833 E 1st Street, Long Beach, CA 90802

0 beds 0 baths 8,255 sq.ft.

Offerered at: $2,240,000.00

Project/Tract: Downtown (DT)
County: Los Angeles
Year Built: 1922
Association Fees: $0.00/mo.

Property Description

Pleased to present 833 E. 1st Street, a 10*-unit apartment investment opportunity located in the sought-after Long Beach neighborhood of Alamitos Beach. Offered for sale for the first time in decades, the property is ideally located just a short walk from the beach, and mere minutes from both Downtown and Retro Row. It is comprised of (8) 1-bedroom/1-bathroom single story units in the front building, plus a huge 3-bedroom/2-bathroom in the back, above the studio and garages. 833 E. 1st St. offers substantial upside potential by updating the units and bringing rents closer to market levels. *The studio unit is non-conforming.

ESSENTIAL INFO

  • Status: Active