Description
We are pleased to present a 2-unit multifamily property located just blocks away from the highly desirable and vibrant Alamitos Beach area. The subject property, built in 1936, consists of 1,522 rentable square feet spread throughout a 5,132 square-foot lot. The building consists of a 3 Bedroom/2-Bathroom front house and one 1-Bedroom / 1-Bathroom unit. The property underwent full interior upgrades including new vinyl flooring, interior paint, updated appliances, shaker cabinets, and granite countertops. Located blocks from the 4th Street Corridor, commonly referred to as Retro Row, and Alamitos Beach, tenants enjoy living a short distance to local beaches, California State University of Long Beach, as well as shopping, restaurants, and nightlife. The city of Long Beach continues to progress forward and is currently experiencing major redevelopment. The Long Beach port is undergoing $4.4 billion in future redevelopment that will create 14,000 new and permanent jobs in Southern California. The city is undergoing a building boom with more than $5 billion in private and public investments in various stages of development. The new $520 million Long Beach Civic Center development will house a new City Hall, Port of Long Beach headquarters, and the Main Library. Long Beach sustains its ability to attract renters due to its strong economy and quality of life.
Features
Location
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