208 Park Ave - Apartments FOR SALE


Long Beach, CA 90803
$1,675,000 USD
909-771-8779
208 Park Ave, Long Beach, CA for Sale
$1,675,000 USD
Apartments - FOR SALE
1/11
null | 3.72% Cap Rate

208 Park Ave
Long Beach, CA 90803


HIGHLIGHTS

  • Steps to Belmont Shore's 2nd Street
  • Walking distance to the Beach
  • Two Vacant Units

OVERVIEW

Welcome to Belmont Shore living! This well maintained fourplex sits on a 2,954 SF lot. The property is comprised of (4) spacious one bedroom one bath units with an ideal floorplan and tons of storage. The exterior has recently been painted along with some interior upgrades. Downstairs you'll find bonus space for community storage or laundry. This property is steps from Belmont Shore's lively 2nd street, the park, and the beach. The location doesn't get much better than this. Whether you’re an investor looking to expand your portfolio or someone seeking a live-in investment opportunity, this fourplex in Belmont Shore represents a rare chance to own a piece of one of Southern California’s most desirable neighborhoods. These properties rarely change hands, act now!

FOR SALE DETAILS

PRICE

$1,675,000 USD

PRICE/SF

$550 USD /SF

# OF UNITS

4

PRICE/UNIT

$418,750

CAP RATE

3.72%

% LEASED

50%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

208 Park Avenue

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1947

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

2,954 SF

ZONING

LBR2S

APN/PARCEL ID

7249-034-006

ASK ABOUT THIS PROPERTY

Christa VessellColdwell Banker Commercial BLAIRMore Info
909-771-8779

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Christa VessellColdwell Banker Commercial BLAIRMore Info
909-771-8779

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.