We are pleased to present a 14 unit apartment building located at 532 Nebraska Avenue in Long Beach, California. This is a value-add opportunity in a great location of Alamitos Beach. The subject property is close to 4th Street Retro Row, Downtown Long Beach and 2nd Street in Belmont Shore where there are restaurants, shops, bars, grocery stores and entertainment venues. The subject property consists of 5,565 rentable square feet spread throughout a 6,745 square foot lot. It was built in 1984 and consists of all one bedroom / one bathroom units. The subject property is also separately metered for gas and electricity which helps keep expenses to a minimum. There are a total of 9 parking spaces which are able to generate income as well. Owners enjoy the high demand for rentals in a coastal city of Southern California. Tenants enjoy living close to the ocean breeze and walking distance to shops, restaurants, cafes, entertainment centers and grocery stores. The city of Long Beach continues to progress forward and is currently experiencing major redevelopment. There has been over $2B invested in real estate transactions and new development projects since 2013. There are 3,997 residential units in the development pipeline. Notable completed projects near the subject property include t
MLS #
CRPW24076657
MLS Source
California Regional MLS
Laundry
None
Garage/Parking
Garage: 0 Car(s)
# Buildings | # Leased Units | # Total Units |
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1 | – | – |
532 Nebraska Ave is a Residential Income in Long Beach, CA 90802. This – square foot property sits on a – Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at – and was built in 1984.
This address can also be written as 532 Nebraska Ave, Long Beach, CA 90802.©2024 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of August 29, 2024. For the most current information, please contact Kevin King