1719 E Florida St - Multi-Family FOR SALE


Long Beach, CA 90802- Downtown Long Beach
$1,700,000 USD
310-382-1063
1719 E Florida St, Long Beach, CA for Sale
$1,700,000 USD
Multi-Family - FOR SALE
1/6
null | 4.64% Cap Rate

1719 E Florida St
Long Beach, CA 90802
Downtown Long Beach


HIGHLIGHTS

  • Brand New Solar Panels
  • Garage Parking
  • Renovated Units

OVERVIEW

Prime Alamitos Beach Fourplex! 1719 E Florida St consists of a beautifully remodeled front SFR and a rear 3-unit building just 3.5 blocks from the beach. This turnkey property offers a total of 4 units: (1) 3 bed + 2 bath SFR, (1) 2 bed + 1.5 bath townhouse, (1) 2 bed + 1 bath, and (1) studio. All units are currently occupied. The front house has been extensively remodeled in a modern contemporary style, featuring premium gray vinyl plank flooring, stylish porcelain tile, quartz countertops, stainless steel appliances, a pantry, and in-unit laundry. Outside, enjoy stamped concrete, lush landscaping, and three large patio areas. Recent capital improvements include: New solar panel system (51 panels, 365 total watts), New main electrical panel, New roof, plumbing, and vinyl windows on front house. Each unit has laundry access: in-unit laundry in the SFR and unit A, and shared laundry in the garage for units B & C. Seven parking spaces total, including 2 garages. Located in the heart of Alamitos Beach with a Walk Score of 95, this property is steps away from Shoreline Village, Retro Row, Pine Avenue, and top local restaurants, bars, and shops. Please do not disturb tenants.

FOR SALE DETAILS

PRICE

$1,700,000 USD

PRICE/SF

$475 USD /SF

# OF UNITS

4

PRICE/UNIT

$425,000

CAP RATE

4.64%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1719 E Florida Street

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1920

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

Lbr1n

APN/PARCEL ID

7275-016-021

ASK ABOUT THIS PROPERTY

Jack MccannLyon Stahl Investment Real EstateMore Info
310-382-1063

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Jack MccannLyon Stahl Investment Real EstateMore Info
310-382-1063

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.