Long Beach, CA 90806,327 W Pacific Coast HWY

$800,000

Est. payment /mo

$950,000

15.8%
Est.Price: ?

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327 W Pacific Coast HWY Long Beach, CA 90806

7,666 Sqft Lot

SOLD DATE : 05/01/2014

Key Details

Sold Price $800,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Circle (Ca)

MLS Listing ID PW14002693

Sold Date 05/01/14

HOA Y/N No

Year Built 1931

Tax Year 2012

Lot Size 7,666 Sqft

Property Description

We are pleased to present a 10-unit apartment building located at 327 West Pacific Coast Highway in Long Beach, California. Built in 1931, the subject property consists of 6,501 rentable square feet with a lot size of 7,667 square feet. The subject property has a desirable unit mix of six one-bedroom/one-bath units and four two-bedroom/one-bath units. Owners enjoy the high demand for rentals in a coastal city of Southern California, while tenants enjoy being in close proximity to Downtown Long Beach, which is known for its major tourist attractions, plentiful businesses, hotels, restaurants, and entertainment. This is a rare opportunity to acquire a quality asset in a prime location with true rental upside and stable return.

Location

State CA

County Los Angeles

Area 3 - Eastside, Circle Area

Interior

Fireplace No

Exterior

Pool None

Community Features Sidewalks

Private Pool No

Building

Lot Description 6-10 Units/Acre

Sewer Unknown

Water Public

Others

Tax ID 7209027013

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Financing Cash to New Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Kevin King • Marcus & Millichap
Bought with Kevin King • Marcus & Millichap

John Vogel

Real Estate Advisor | License ID: DRE 01445571

+1(760) 712-2437

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