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$ 3,175,000
Est. payment | /mo
14 Beds
14 Baths
9,690 SqFt
$ 3,175,000
Est. payment | /mo
14 Beds
14 Baths
9,690 SqFt
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 9,690 sqft
Price per Sqft $327
MLS Listing ID 26864283
Bedrooms 14
HOA Y/N No
Year Built 1930
Lot Size 0.305 Acres
Property Description
This 14-unit apartment building is located in an established residential neighborhood in Long Beach. Built in 1930, the property showcases classic Spanish style architecture, with a consistent unit mix of 14 one-bedroom, one-bathroom apartments averaging 692 square feet each. The property features a sun deck, patio areas and anapproximate 3,500 square feet landscaped backyard with artificial turf and mature trees. This space offers excellent development optionality, allowing buyers to streamline expansion via Long Beach's Pre Approved ADU Plans Program (AB 1332) or leverage recent state legislation (SB 1211) for additional density upside, subject to city approval. Combined with gated semi-subterranean parking and recent infrastructure updates including new windows and updated water heaters the property delivers stable in-place performance alongside a clear pathway to future value-add development.
Location
State CA
County Los Angeles
Area 9 - Poly High
Zoning LBR3S
Interior
Heating Wall Furnace
Fireplace No
Exterior
Parking Features Underground
Building
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 7269025037
Special Listing Condition Standard
Listed by Steffan Braunlich Berkadia #01859098
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