Property Details
About this Property
Assumable Loan Available at only 3.81%! Located in the heart of Alamitos Beach, just steps away from the iconic shoreline, 1701 E. Ocean Blvd. offers an ideal opportunity to acquire a Corner Lot, 9-unit Trophy property in one of Long Beach’s most coveted neighborhoods. This Legacy property is operating at a strong 5.19% Cap Rate and 12.72 GRM! The Ocean Blvd. apartments have been extremely well maintained and upgraded by ownership. In recent years, the building has had major renovations to both the plumbing and roof. Inside, units feature built-in cabinetry, new quartz countertops, vintage crown molding, hardwood flooring, and large dining rooms with arched walkways that highlight the building’s timeless charm. Tenants enjoy the luxury of being just minutes from some of Long Beach’s most desirable locations, including the Pike Outlets, Retro Row, Second Street, Bixby Park, and the prospering Downtown Long Beach! Totaling just under 8,400 Sq.Ft., the property includes an exceptional unit mix of (1) Two-Bedroom/Two-Bath (~1,200 Sq.Ft.), (4) Two-Bedroom/One-Bath units (~1,100 Sq.Ft.), and (4) One-Bedroom/One-Bath units (~700 Sq.Ft.). Each unit offers ample closet and storage space, and select units offer washer/dryer hookups and private patios! There is a community laundry room o
MLS Listing Information
MLS #
CROC24244770
MLS Source
California Regional MLS
Days on Site
16
Parking, School, and Other Information
Garage/Parking
Garage: 5 Car(s)
Contact Information
Listing Agent
Parker Boehle
NorthMarq Realty Services, Inc
License #: 02054215
Phone: –
Co-Listing Agent
Brent Sprenkle
License #: 01290116
Phone: –
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
1701 E. Ocean Bld is a Residential Income in Long Beach, CA 90802. This – square foot property sits on a 6,753 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $3,799,999 and was built in 1958. This address can also be written as 1701 E. Ocean Bld, Long Beach, CA 90802.
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This listing information is up-to-date as of December 20, 2024. For the most current information, please contact Parker Boehle
