$2,200,000 - 1750 Newport Avenue, Long Beach

  • 0Beds
  • Baths
  • 7,288SQ. Feet
  • 0.19Acres

The Newporter, located at 1750 Newport Avenue, is an 8-unit value-add asset in the Eastside/Traffic Circle area, a highly desirable rental location in Long Beach. The 7,288-square-foot property is comprised of a balcony-style building with ample light, ample parking, and an attractive unit mix of six two-bedrooms and two one-bedrooms. This property offers investors the opportunity to own a value-add asset with 18%+/- rental upside in a rapidly developing submarket. The area surrounding Rose Circle Park, known for its enclave of desirable 1910-1922 Craftsman Bungalows, has developed into a bustling, walkable neighborhood offering many dining, nightlife and retail amenities. Eclectic and hip Fourth Street Retro Row is a popular destination for its selection of vintage and contemporary clothing, furniture, home goods, and art antiques as well as locally-owned restaurants, coffee shops and wine bars.

Sales Agent

Sam SmithBeach Cities Real EstatePhone: 562-355-8228 Cell: 562-355-8228 Contact Agent Now

Essential Information

  • MLS® #:PW19088399
  • Price:$2,200,000
  • Bathrooms:0.00
  • Square Footage:7,288
  • Acres:0.19
  • Year Built:1964
  • Type:Residential Income
  • Status:Active

Community Information

  • Address:1750 Newport Avenue
  • Area:Eastside, Circle Area (3)
  • Subdivision:Circle (CA)
  • City:Long Beach
  • County:Los Angeles
  • State:CA
  • Zip Code:90804

Amenities

  • Parking Spaces:5
  • # of Garages:5

Exterior

  • Lot Description:6-10 Units/Acre

Additional Information

  • Date Listed:April 18th, 2019
  • Days on Market:91
  • Zoning:LBR4R

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Provided By: Robert Stepp(01456379), Keller Williams Pacific Estate.

Based on information from California Regional Multiple Listing Service, Inc. as of July 19th, 2019 at 7:07am CDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.