25 Falcon Avenue, Long Beach, CA 90802

$1,800,000
List Price
$1,800,000
Status
ACTIVE
MLS#
PW18030269
Year Built
1923
Lot Size
5,005
Lot Location
2-5 Units/Acre
Days on Market
102
Property Type
Multifamily
Style
Spanish
Stories
Two Level
Neighborhood
Alamitos Beach (Ab)

Property Description

Prime Alamitos Beach location - 4 large units located one block from the beach. This classic property offers an investor the opportunity to acquire a value-added investment with a strong rental history in a location that is one of the best rental areas in Long Beach, The property was originally constructed in 1923 and is comprised of 4 large two bedroom one bathroom units plus 3 garages and one open parking space. The property has been well maintained in its original condition. Unit amenities include hardwood floors, ceramic tile, ceiling fans, gas range stoves, built-in cabinets, ceramic tile counter tops, service porches and some units have laundry hookups. The property includes a courtyard that can be used by all tenants, laundry room and two entry access for all units. This perfect owner/user investment is located in the heart of Alamitos Beach and within one block of the ocean. Walk to downtown, Pike area retail, restaurants, grocery store and East Village Arts District.

Additional Information

Tract Number
7265
Lot Description
Curbs, Sidewalks, Storm Drains, Street Lighting, Urban
Appliances
Gas Oven, Gas Range, Gas Water Heater
Pool Description
None
Fireplace Description
Dining Room, Kitchen, Living Room, Patio
Heat
Floor Furnace, Wall Heater
Cooling Description
None
Roof
Asphalt, Flat
Garage Spaces Total
3
Sewer
Sewer Paid
Water
Public
Attached Structure
Attached

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of George Bustamante from Coldwell Banker Commercial

Based on information from California Regional Multiple Listing Service, Inc. as of . 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.