This well-maintained property is located in Alamitos Beach, next to Bixby Park. Considerable value add with approximately 50% in rental upside. This property offers a unit mix with (18) eighteen two-bedrooms and (2) two one-bedroom. Each unit is individually metered for electricity and gas, providing residents with greater control over utility costs. Recent upgrades include copper plumbing, vinyl windows, and a new roof. The property is on two parcels, two ten units each, eliminated the requirement for an onsite manager. This property offers its tenants with ample parking with Ten (10) Enclosed Garages and eight tandem spaces. The units themselves are well-appointed with gas cooking, electric heating, hardwood floors, and ceiling fans, and wall heaters ensuring a comfortable living environment.
The income description goes here to explain
List Price | $5,900,000 |
Property Type | Condo/Co-Op |
Usable Sqft | Unknown |
Number of Stories | 2 stories |
Parking Spots | 10 spots |
Year Built | 1964 |
Last Sold | Unknown |
Sold Price | Unknown |
APN # | 7257009023 |
MLS # | PW24241218 |
Property ID | 321085540 |
Lot Sqft | 12,196 |
Zoning | LBR2A |
Total Units | 20 |
Days on Market | 0 |
Original List Price | $5,900,000 |
Date Updated | November 27, 2024 |
Date Created | November 27, 2024 |
Christopher Walker an agent of . Lic #01905338
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2708 Wilshire Blvd #197
Santa Monica, CA 90403
California ## 01956587
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT