$2,250,000 - 1024 Loma Avenue, Long Beach

  • 5Beds
  • 4Baths
  • 0SQ. Feet
  • 0.20Acres

1024 Loma Avenue is an 8-unit apartment asset located in prime Eastside Long Beach, California offered at 11.95 GRM and 5.50% cap rate on current rents. The property is comprised of (1) 2BD / 2BA unit, (1) 2BD / 1BA unit, and (6) 1BD / 1BA units. There is ample parking of ten (10) surface spaces. All of the units have been fully remodeled with recessed lighting, new flooring, new kitchen countertops, cabinetry, and stainless steel appliance, new bathroom vanities, tiling, and modern fixtures and features throughout. All renovated units offer in- unit washers and dryers. The property is located in a prime Eastside neighborhood with a 91 Walk Score.

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Sales Agent

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

Essential Information

  • MLS® #:PW23222006
  • Price:$2,250,000
  • Bedrooms:5
  • Bathrooms:4.00
  • Acres:0.20
  • Year Built:1953
  • Type:Residential Income
  • Sub-Type:Mixed Use
  • Status:Closed
  • Listing Agent:Robert Stepp
  • Listing Office:Keller Williams - Santa Monica

Community Information

  • Address:1024 Loma Avenue
  • Area:3 - Eastside, Circle Area
  • Subdivision:Eastside (ES)
  • City:Long Beach
  • County:Los Angeles
  • Zip Code:90804

Amenities

  • Parking Spaces:10
  • Pool:None

Interior

  • # of Stories:1

Exterior

  • Lot Description:6-10 Units/Acre

Additional Information

  • Date Listed:December 6th, 2023
  • Days on Market:85
  • Zoning:LBR4R

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

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Eastside (es)

  • City:
    Long Beach
  • Price Range:
    $699,000 - $5,995,000
  • Current Listings:
    20
  • HOA Dues:
    $0
  • Average Price per Square Foot:
    $
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Based on information from California Regional Multiple Listing Service, Inc. as of May 19th, 2024 at 7:36am 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.