DRE #00338699
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1246 E 2nd Street $6,250,000

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1246 E 2nd Street Long Beach, CA 90802

  • 0 Beds
  • 0 Baths
  • 14,293 sq.ft.
  • Multi-Family
MLS# OC19094422
SOLD 8/14/2019

$6,250,000

Market Estimate
Days On Market: 7 0 Views
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Property Details

1246 East 2nd Street is a 20-unit multifamily investment property in Long Beach, one of the premier housing markets in Southern California. Specifically, the property is located in the Alamitos Beach neighborhood, just steps from the ocean, a short walk to Downtown, and minutes to Belmont Shores. 1246 East 2nd Street was fully renovated in 2017 with upgrades including new paint, windows, entry gates, courtyard, countertops, appliances, and more. Given the demand for modern and unique housing options, 1246 East 2nd Street provides a distinct competitive advantage over other units in the area with higher asking rents. The 14,293 square foot property consists of studio, one-, two-, and three-bedroom floor plans. Originally built in 1954, 1246 East 2nd Street offers amenities including communal courtyard, custom barbecue, individual garage parking, an on-site laundry facility, controlled access, storage lockers, and more.

  • General Features
    • Number Of Units Leased 20
    • Number Of Separate Water Meters 1
    • Number Of Separate Electric Meters 0
    • Number Of Separate Gas Meters 0
    • Number Of Units Total 20
    • Year Built 1954
    • Subdivision Name Alamitos Beach (AB)
    • County Or Parish Los Angeles
    • Number Of Buildings 1
    • Community Features Sidewalks
    • Association Fee 0.00
  • Building Features
    • Laundry Features Community
  • Property Features
    • Lot Size Acres 0.29
    • Lot Features Landscaped
    • Pool Private Y/N 0
    • Pool Features None
    • Parking Total 9.00

Neighborhood

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Market Last 30 Days

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Property History

Date Event Price Percent Change
-- New in Database Source New Value: $6,655,000 6.48%
8/14/2019 12:00:00 AM Sold Source New Value: $6,250,000 -5.37%
6/18/2019 7:18:03 PM Status Changed Source New Value: Pending
5/29/2019 2:49:14 PM Price Reduced Source New Value: $6,605,000

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Based on information from California Regional Multiple Listing Service, Inc. as of 8/22/2019 2:56:20 PM. 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.