321 W Hill St - Multi-Family FOR SALE


Long Beach, CA 90806- Wrigley
$1,749,000 USD
213-864-2862
321 W Hill St, Long Beach, CA for Sale
$1,749,000 USD
Multi-Family - FOR SALE
1/16
null | 5.64% Cap Rate

321 W Hill St
Long Beach, CA 90806
Wrigley


HIGHLIGHTS

  • Restored 1930s Spanish Revival property in Historic South Wrigley
  • (4) 2 Bedroom / 1 Bath Units (1,000 Sq. Ft.) & (2) 1 Bedroom / 1 Bath (752 Sq. Ft.)
  • Red Spanish Tile Roof, Gated Courtyard, and Garages
  • ADU Potential

OVERVIEW

Beautifully restored 1930s Spanish Revival property in the Historic South Wrigley Neighborhood. It feels like stepping back in time, where the craftsmanship and charm of the 1930s, nearly impossible to recreate at today’s cost, meets modern day living. The property features a strong unit mix of four two bedroom one bath units at approximately 1,000 square feet each and two one bedroom one bath units at approximately 752 square feet each, all offering exceptionally spacious layouts rarely found today. Classic details including red tile roofing, a gated courtyard, and mature landscaping create strong curb appeal. Recent upgrades include new electrical sub panels and copper plumbing, along with on site laundry and garage parking. The rear garage and parking area also offer potential for ADU development, buyer to verify, providing additional upside.

FOR SALE DETAILS

PRICE

$1,749,000 USD

PRICE/SF

$318 USD /SF

# OF UNITS

6

PRICE/UNIT

$291,500

CAP RATE

5.64%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Hill Street Apartments in Wrigley

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1932

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,490 SF

ZONING

LBR1N

APN/PARCEL ID

7205-022-012

ASK ABOUT THIS PROPERTY

Pat SwansonStream Realty Partners, LPMore Info
213-864-2862

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Pat SwansonStream Realty Partners, LPMore Info
213-864-2862

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