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Listed by Ryan Pratt • Skyline Commercial Real Estate
$ 3,500,000
Est. payment | /mo
8,269 Sqft Lot
$ 3,500,000
Est. payment | /mo
8,269 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRNP25184444
Year Built 1919
Lot Size 8,269 Sqft
Property Sub-Type Fourplex
Source California Regional MLS
Property Description
Pleased to present the opportunity to acquire The Ocean Blvd Fourplex, a 4 unit apartment building located in the Alamitos Beach area of Long Beach, CA. The property offers an excellent mix of units including (4) large 2 bedroom 1 bath units each facing the ocean with 6 detached garages, a rare benefit in coastal Long Beach. Current zoning allows for huge development potential including replacing the existing structure with a four story building consisting of (12) 2 bedroom 1 bath units or maintaining the existing structure and utilizing the open space to build (4) ADU's. This is a unique opportunity for an investor to acquire an asset in a premium location with massive potential.
Location
State CA
County Los Angeles
Area 4 - Downtown Area, Alamitos Beach
Interior
Laundry Laundry Area
Exterior
Garage Spaces 6.0
Pool None
Building
Water District - Public
Others
Tax ID 7265018038
Special Listing Condition Not Applicable
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Dave Lucas
REALTOR® | Lic# 02092197