$4,650,000 - 1505 E 11th Street, Long Beach

  • 0Beds
  • Baths
  • 13,924SQ. Feet
  • 0.23Acres

1505 East 11th Street, a 21-unit apartment building in Long Beach, California. The property is located in a dense rental area of Eastside Long Beach south of Anaheim Street and between Hoffman and Walnut avenues. This offering presents a great opportunity for an investor to acquire an asset in good condition in a strong rental market and capture huge potential upside in rents. The property consists of a 1964 construction building with two two-bed/one-bath, nine two-bed/one-and-one-half-bath, seven one-bed/one-bath and three studio units. The units are separately metered for gas and electricity, and the building also offers income-generating on-site laundry and garage parking. 1505 East 11th Street has been well-maintained and boasts recent improvements that include updated copper plumbing, a new mainline, new gutters, new exterior lighting, a newer roof (replaced within the past five years), and the exterior was recently repainted.

Sales Agent

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

Essential Information

  • MLS® #:PW19140072
  • Price:$4,650,000
  • Bathrooms:0.00
  • Square Footage:13,924
  • Acres:0.23
  • Year Built:1964
  • Type:Residential Income
  • Status:Closed

Community Information

  • Address:1505 E 11th Street
  • Area:Eastside, Circle Area (3)
  • Subdivision:Eastside (ES)
  • City:Long Beach
  • County:Los Angeles
  • State:CA
  • Zip Code:90813

Amenities

  • Parking Spaces:21

Interior

  • Heating:Radiant
  • # of Stories:3
  • Stories:Three Or More Levels

Exterior

  • Lot Description:Park Nearby

Additional Information

  • Date Listed:June 13th, 2019
  • Days on Market:32
  • Zoning:LBR2N

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Similar Neighborhoods to "Eastside (ES)" in Long Beach, California

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  • City:
    Long Beach
  • Price Range:
    $450,000 - $6,350,000
  • Current Listings:
    47
  • HOA Dues:
    $
  • Average Price per Square Foot:
    $374

2nd Street East (sse)

Alamitos Beach (ab)

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Provided By: Steven Bogoyevac(01332755), Steven M. Bogoyevac, Broker.

Based on information from California Regional Multiple Listing Service, Inc. as of October 17th, 2019 at 9:12pm 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.