Property Details
About this Property
**SELLER FINANCING AVAILABLE**Discover this charming Spanish-style 13-unit apartment building nestled in the heart of Long Beach’s vibrant East Side neighborhood. Combining timeless architectural appeal with modern upgrades, this property presents an exceptional opportunity for investors seeking a value-add asset with significant income potential. With a remarkable 35% upside in rents, a new owner can unlock tremendous cash flow while capitalizing on the extensive improvements already completed. Improvements include the installation of 13 new wall heaters (1990), a full repipe of gas lines (1998), a complete replacement of water supply lines (2006),14 new electric meters (1990), double-pane vinyl windows throughout (2017), new 100 gallon water heater (2022), and all ABS plastic drain lines. The original floor plans also offer an opportunity for reconfiguration to unlock even more rental income potential. This reconfiguration has already been completed on unit #10. Seller financing is available for qualified buyers.
MLS Listing Information
MLS #
CRPW24249846
MLS Source
California Regional MLS
Days on Site
2
Interior Features
Laundry
None
Heating
Wall Furnace
Parking, School, and Other Information
Garage/Parking
No Parking, Garage: 0 Car(s)
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
1360 Euclid Ave is a Residential Income in Long Beach, CA 90804. This – square foot property sits on a – Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,650,000 and was built in 1923. This address can also be written as 1360 Euclid Ave, Long Beach, CA 90804.
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This listing information is up-to-date as of December 16, 2024. For the most current information, please contact Cody Charnell, (562) 896-3851
