$2,000,000
$2,125,000
5.9%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
2 Baths
4,321 Sqft Lot
SOLD DATE : 10/09/2026
Key Details
Sold Price $2,000,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
Subdivision Alamitos Heights (Ah)
MLS Listing ID PW26118376
Sold Date 10/09/26
Bedrooms 3
Lot Size 4,321 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Three blocks to the ocean. This extremely well maintained asset is in one of the best rental areas of Long Beach. There is 30% upside in rents and there is a potential for the existing basement to be made into an ADU. Outstanding unit mix of (4) 1 bedroom units and (1) 1 bedroom unit. The building also has a laundry room and (4) enclosed garages. Long term owner has completed a number of recent upgrades to the property including: New exterior paint New roof upgraded plumbing new front doors and locks with "invisible" screens. New landscaping New irrigation system Walkscore.com gives the property a score of 97 out of 100, a "Walker's paradise". Local attractions include Retro row, The Pike outlets, The Promenade, Shoreline Village and trendy Pine Avenue.
Location
State CA
County Los Angeles
Zoning Assessor
Direction 3rd and Hermosa
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 7275014033
Acceptable Financing Cash
Listing Terms Cash
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Bought with Steve Gamez P.R.S. Properties