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$ 2,495,000
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5,863 Sqft Lot
$ 2,495,000
Est. payment | /mo
5,863 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Subdivision Belmont Heights (Bh)
MLS Listing ID PW23051127
HOA Y/N No
Year Built 1953
Lot Size 5,863 Sqft
Property Description
4130 E. 10th Street is a 10-unit apartment building in a quiet neighborhood near Belmont Heights in Long Beach, California. The property consists of ten (10) studio units. Six (6) of the units have been renovated with new flooring, updated kitchens with new stainless steel appliances and updated bathrooms. An adjacent parking lot offers eight (8) surface parking spaces with potential for additional income. On site laundry is available, contributing to the current income. The building is master metered for gas and electricity and has an in-place RUBS program. The property is located nearby to Recreation Park Golf Course and Colorado Lagoon which offer various outdoor activities. Additionally, the property is located less than two (2) miles to California State University Long Beach, which has a student population of 37,500 and employed faculty of 2,000. 4130 E. 10th Street provides a new owner with strong in-place cash flow with the opportunity to remodel the remaining four (4) units.
Location
State CA
County Los Angeles
Area 2 - Belmont Heights, Alamitos Heights
Zoning LBR3S
Interior
Fireplace No
Laundry Common Area
Exterior
Pool None
Community Features Sidewalks
Total Parking Spaces 8
Private Pool No
Building
Lot Description 6-10 Units/Acre
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 7254019001
Energy Description 4000.0
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Special Listing Condition Standard
Listed by Robert Stepp • Keller Williams - Santa Monica • 310-463-2916
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Valerie Castle
Partner | Lic# DRE# 01065018/02178736