4635 N Bellflower BLVD

LONG BEACH, CA, 90808

$2,540,000

$403 per ft²
$2,540,000
$403 per ft²
Active
Active
 - For Sale
beds
3 Beds
baths
2 Baths
carpenters-square
6,300 ft²
property_type
Multi-family
calendar
Built 1961
We are pleased to present an 8-unit apartment building located in Long Beach, California. Built in 1961, the subject property consists of 6,300 rentable square feet spread throughout a 7,210 square foot lot. The unit mix consists of four 1-bedroom / 1-bathroom units and four 2-bedroom / 1-bathroom units. 5 of the 8 units have been upgraded and the entire property has copper plumbing. The property is separately metered for electricity and gas and has additional income from an onsite laundry room. Tenants enjoy living in the Lakewood Village Neighborhood of Long Beach. Located a short distance to local shopping, restaurants, Long Beach City College California State University of Long Beach, as well Long Beach Airport. The city of Long Beach continues to progress forward and is currently experiencing major redevelopment. The Long Beach port is undergoing $4.4 billion in future redevelopment that will create 14,000 new and permanent jobs in Southern California. The city is in a building boom with more than $5 billion in private and public investments in various stages of development. The new $520 million Long Beach Civic Center development houses a new City Hall, Port of Long Beach headquarters and the Main Library. Long Beach sustains its ability to attract renters due to its strong economy and quality of life. This property has a history of high occupancy and currently has upside potential to the existing rents.
MLS® ID:
PW22206248MR
Listed:
9/20/22
Updated:
10/3/22

Interior Features

Kitchen Appliances
Oven-Gas, Range
Total Bedrooms
3
Total Bathrooms
2
Laundry Description
Laundry Area
Fireplace
None
Cooling
Wall/Window Unit(s)

Exterior/Building Features

Lot Size
7,210 ft² lot
Roof
Asphalt, Flat
Sewer
Public Sewer

Other Property Details

Garage
No
Parking
Assigned, Carport, Uncovered
Parking Total
8.0
View
Y
County
Los Angeles
Water Source
Private
Pool
No
Pool Description
None
Total Stories
2
Zoning
LBR4R

 

Courtesy of George Bustamante, Coldwell Banker Commercial

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Ron Costa shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2022 Combined L.A./Westside MLS. All rights reserved.

Data last updated 10/3/22

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