Long Beach, CA 90802,1275 E 2nd ST
Long Beach, CA 90802,1275 E 2nd ST
Long Beach, CA 90802,1275 E 2nd ST
$5,500,000
Est. payment /mo
$5,500,000
Est.Price: ?

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9,147 Sqft Lot
SOLD DATE : 04/26/2022

Key Details

Sold Price $5,500,000

Property Type Single Family Home

Listing Status Sold

Purchase Type For Sale

MLS Listing ID OC22029114

Sold Date 04/26/22

HOA Y/N No

Year Built 1956

Lot Size 9,147 Sqft

Property Description

1275 East 2nd Street is a 14-unit fully renovated, turn-key multifamily investment property located in Long Beach, a premier rental market in Los Angeles County, California. Fully renovated in 2018, the property received significant capital improvements which modernized the building's exterior, common areas, and unit interiors. These improvements include brand new windows, a fresh two-tone paint scheme, wood slat security doors, upgraded lighting, as well as new cabinetry, stainless steel appliances, and quartz countertops in the interiors. This turn-key asset offers an excellent unit mix consisting of studio, one, and two-bedroom floor plans. Amenities include a community barbeque and picnic area, controlled access, a central courtyard, on-site laundry, garage parking, hardwood flooring, and storage lockers.

Location

State CA

County Los Angeles

Area 699 - Not Defined

Zoning LBR4R

Interior

Fireplace No

Laundry Common Area

Exterior

Garage Spaces 6.0

Garage Description 6.0

Pool None

Community Features Curbs, Sidewalks

Total Parking Spaces 6

Private Pool No

Building

Lot Description Street Level

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 7265011039

Energy Description 1496.5

Acceptable Financing Cash to New Loan, 1031 Exchange

Listing Terms Cash to New Loan, 1031 Exchange

Financing Cash to New Loan

Special Listing Condition Standard

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CRMLS – RECore
Listed by Tyler Leeson Marcus & Millichap RE Invest
Bought with Tyler Leeson Marcus & Millichap RE Invest

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agent

Rich King

+1(858) 405-2722

Broker Associate | License ID: 01520399

Broker Associate License ID: 01520399

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