25 Falcon Avenue, Long Beach, CA 90802

$1,699,999
4,976
SqFt
List Price
$1,699,999
Status
ACTIVE
MLS#
PW19002303
Year Built
1923
Living Sq. Ft
4,976
Lot Size
5,005
Lot Location
0-1 Unit/Acre
Days on Market
19
Property Type
Multifamily
Neighborhood
Alamitos Beach (Ab)

Property Description

Prime Alamitos Beach location – Walk to the beach and downtown! This classic Spanish style property offers an investor the opportunity to acquire a true value-added investment with a huge upside in the rent in a location that is one of the best rental areas in Long Beach. The property features 4 very large 2 bedroom 1 bath units. The property was originally constructed in 1923 and is 4,976 square feet of building with 3 garages and one open parking space. The property in its original condition with unit amenities that 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. At this new REDUCED price this is the Best priced per square foot property in this prime Long Beach location.

Additional Information

Tract Number
5766
Lot Description
Urban
Pool Description
None
Garage Spaces Total
3
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Total Number of Units
4

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 Austin Carr 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.