This pride of ownership property is located in the North Alamitos neighborhood of Long Beach, CA, just minutes away from Downtown. Extensively renovated in 2016, this 2-story building features One (1) - 3 Bed / 2 Bath, Four (4) - 2 Bed / 2 Bath, One (1) - 2 Bed / 1 Bath, and One (1) - Non-Conforming Studio. Each unit has been upgraded within the last three years to include; hardwood/vinyl flooring, stainless steel appliances, cabinets and granite counter-tops. Amenities include; secured garage parking, gated entrance, and washer / dryer hookups in each unit. This prime location off offers tenants convenient access to Downtown Long Beach, boutique shopping and dining, and beautiful beaches along the Pacific Coast.
The property operates as a seven (7) unit complex, however, it has six (6) legal, and one (1), non conforming units.
New financing is available, however, the property currently has great assumable debt in place.
The $1,145,000 Assumable Loan is at 3.63%, fixed until 11/15/2021. Listed by Pat Swanson, Pat Swanson.