Listed by Robert Stepp, Keller Williams - Santa Monica,

30 W 49th Street

Long Beach, CA, 90805

$3,700,000

$425 per ft²
$3,700,000
$425 per ft²
Pending
Pending
 - For Sale
carpenters-square
8,692 ft²
property_type
Multi-family
calendar
Built 1963
30 W. 49th Street is a 12-unit property located in North Bixby Knolls. The controlled-access building features mostly two-bedroom units (11 of the 12) and a parking ratio of one space per unit. On-site laundry facilities and an in-place RUBS program provide current income. New windows have been installed throughout the building. The property is situated in a quiet, residential neighborhood, conveniently accessible to the metro line running along Long Beach Boulevard to Downtown, as well as major commuter thoroughfares. The combination of urban amenities and suburban lifestyle has attracted developers such as City Ventures, which is pre-selling solar-powered townhomes in the low $600Ks across the street. This property provides a light value-add opportunity to achieve approximately 10% rental upside potential by simply installing vinyl plank flooring and modern fixtures.
MLS® ID:
PW22152787
Listed:
7/11/22
Updated:
9/28/22

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Laundry Description
Common Area

Exterior/Building Features

Lot Size
10,076 ft² lot
Lot Details
11-15 Units/Acre
Sewer
Public Sewer

Other Property Details

Area Name
6 - Bixby, Bixby Knolls, Los Cerritos
HOA Amenities
Sidewalks
Garage
No
Parking
N
Parking Total
12.0
View
N
County
Los Angeles
Water Source
Public
Pool
No
Pool Description
None
Zoning
LBR1N

Property History

Date
Event
Price
Value
9/19/22
Pending
-
-

 

Listed by Robert Stepp, Keller Williams - Santa Monica,

Based on information from California Regional Multiple Listing Service, Inc. as of 9/28/22. 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.

©2022 California Regional Multiple Listing Service. All rights reserved.

Data last updated 12:41 PM UTC, 9/28/22

Contact