40 Alamitos Avenue presents a rare opportunity for investors to acquire 35 units in an unparalleled Alamitos Beach location just one block from the Waterfront, priced at $205K per door. Situated on a lot size of ±6,590 square feet, the controlled access building consists of (34) studio units (one is non-conforming), and (1) 1BD/1BA unit The property features on-site laundry facilities, as well as updated electrical. 40 Alamitos may be purchased with the neighboring property at 44 Alamitos presenting an additional 37 units in an irreplaceable location. With a Walk Score of 93 and a Bike Score of 91, 40 Alamitos Avenue o?ers residents convenient access to the beach bike path and boardwalk, as well as all the amenities available at Shoreline Village, East Village Arts District, and Downtown.