$1,175,000 - 1612 1618 E Appleton Street, Long Beach

  • 0Beds
  • Baths
  • 3,180SQ. Feet
  • 0.09Acres

1612 - 1618 E. Appleton Avenue is a 4-unit investment opportunity in prime Alamitos Beach, just blocks from the Ocean and Bike Path. The building features spacious one-bedroom units, two of which have a bonus office rooms. The units have 1920's character and detailing, with hardwood flooring, crown molding, built-ins and ceiling fans. The building provides laundry income, is separately metered for gas and electric, and has a community outdoor patio. This property provides an excellent opportunity for an investor to own an easily manageable asset with 22%+/- upside potential just blocks from the beach in the most desirable rental market in Long Beach. Nestled between downtown Long Beach and Belmont Shore is the charming, popular coastal neighborhood of Alamitos Beach. The area is within minutes of the best that Long Beach has to offer. Residents can walk to the wide sandy beach, bike path and volleyball courts, as well quaint bars and restaurants along the Broadway Corridor and trendy shops, restaurants and bars on Fourth Street-Retro Row. The area is also adjacent to booming Downtown Long Beach and its multitude of employment opportunities.

Sales Agent

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

Essential Information

  • MLS® #:PW19186419
  • Price:$1,175,000
  • Bathrooms:0.00
  • Square Footage:3,180
  • Acres:0.09
  • Year Built:1922
  • Type:Residential Income
  • Status:Active

Community Information

  • Address:1612 1618 E Appleton Street
  • Area:Downtown Area, Alamitos Beach (4)
  • Subdivision:Alamitos Beach (AB)
  • City:Long Beach
  • County:Los Angeles
  • State:CA
  • Zip Code:90802

Exterior

  • Lot Description:2-5 Units/Acre

Additional Information

  • Date Listed:August 5th, 2019
  • Days on Market:14
  • Zoning:LBR2N

Similar Type Properties to PW19186419, 1612 1618 E Appleton Street, Long Beach

Back to Results

Similar Neighborhoods to "Alamitos Beach (AB)" in Long Beach, California

Back to Results

Alamitos Beach (ab)

  • City:
    Long Beach
  • Price Range:
    $425,000 - $14,000,000
  • Current Listings:
    16
  • HOA Dues:
    $
  • Average Price per Square Foot:
    $357

North Long Beach (nlb)

  • City:
    Long Beach
  • Price Range:
    $400,000 - $3,998,000
  • Current Listings:
    16
  • HOA Dues:
    $
  • Average Price per Square Foot:
    $85,335
Please provide a valid email address.

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

Based on information from California Regional Multiple Listing Service, Inc. as of August 20th, 2019 at 8:37am 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.