Long Beach, CA 90802,825 E Ocean BLVD
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Long Beach, CA 90802,825 E Ocean BLVD
Long Beach, CA 90802,825 E Ocean BLVD
Long Beach, CA 90802,825 E Ocean BLVD
Long Beach, CA 90802,825 E Ocean BLVD

$1,925,000

Est. payment /mo

$1,950,000

1.3%
Est.Price: ?

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825 E Ocean BLVD Long Beach, CA 90802

4,072 Sqft Lot

SOLD DATE : 01/19/2022

Key Details

Sold Price $1,925,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Alamitos Beach (Ab)

MLS Listing ID PW21200551

Sold Date 01/19/22

HOA Y/N No

Year Built 1922

Lot Size 4,072 Sqft

Property Description

WE ARE pleased to present the opportunity to acquire 825 E. Ocean Blvd, 4-unit multifamily investment property located in Long Beach, one of the premier housing markets in Southern California.
825 E. Ocean Blvd consists of One large 1 Bedroom and 1 Bath unit floor plan, TWO large 2bedroom and 1 Bath floor plan and ONE large Studio which offers amenities like
- Stove
- Dishwasher
- Washer/Dryer in units
- Tankless water heaters
- Keyless Entry
- New Countertops
- Soft Close Cabinetry
- Modern Fixtures
- Updated kitchen and bathrooms
- Beautiful Hardwood Flooring
- Recessed Lighting
- Full Bath
- Garages for additional income
Additionally Ocean property offers Amenities Including Ocean Views, Private Patios and Balconies and a Central Courtyard.
825 E. Ocean Blvd is located in the highly sought-after Alamitos Beach neighborhood and is just steps away from Junipero Beach and Alamitos Beach, two of the city's most popular beaches. The property is also within walking distance to Retro Row, which offers numerous shopping, dining, and entertainment options. 825 E. Ocean Blvd is under a mile away from The Promenade and the Pike Outlets, providing residents with easy access to a plethora of shopping and dining destinations.
Given the overall strength of the apartment market in Long Beach, specially Alamitos Beach, 825 E. Ocean Blvd offers an investor the ability to capture quality tenants seeking an exceptional living experience within a vibrant neighborhood. The areas surrounding the property provide tenants convenient access to a wide variety of activities, employment, transportation and retail amenities. This overall demand for a well-located and intensively renovated apartment building will be a key driver in the continued growth and success at 825 E. Ocean Blvd.

Location

State CA

County Los Angeles

Area 4 - Downtown Area, Alamitos Beach

Zoning LBR4R

Interior

Fireplaces Type LivingRoom

Fireplace Yes

Appliance Dryer, Washer

Exterior

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features DogPark, Park, StreetLights, Sidewalks, WaterSports

Total Parking Spaces 2

Private Pool No

Building

Lot Description NearPublicTransit, Yard

Story 2

Entry Level Two

Sewer Other

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 7265003037

Acceptable Financing Cash, Item1031Exchange

Listing Terms Cash, Item1031Exchange

Financing Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Alec Kara • Keller Williams Pacific Estate
Bought with Khanh Nguyen • eXp Realty of California Inc
agent

John Vogel

Real Estate Advisor | License ID: DRE 01445571

+1(760) 712-2437

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