Listed by 714-757-6283 - Benny Huynh - DRE #01756802 - Advance Estate Realty 714-894-4306 Listing Courtesy of: DRE #01924281
$2,400,000 affordable loan icon Calculate Payment

928 Long Beach Blvd Long Beach, CA 90813

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Other Residence
Beds
Baths
6,793 Sq. Ft.
0.29 Acre Lot

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Last updated on 9/22/2024 5:02 PM
This prime 12-unit apartment complex in Downtown Long Beach offers exceptional investment potential. Located in the PD30 Zone, the property benefits from favorable city incentives and provides opportunities for both long-term holding and redevelopment into additional multi-units. Spanning a 12,537 s...qft lot with 6,793 sqft of living space, the complex features two side-by-side buildings and is currently occupied by long-term tenants, presenting ample room for rent increases. Situated just minutes from the beach, with easy access to amenities, entertainment, freeways, and transportation hubs, the property is strategically positioned for growth. With Long Beach’s plans to revamp downtown by 2028, this asset could see its value multiply up to ten times, making it a highly desirable and valuable investment opportunity. Continue reading
MLS#
OC24076227
Property Type
Other
Status
Square Feet
6,793 sq. ft
Lot Size
0.29

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Listed by 714-757-6283 - Benny Huynh - DRE #01756802 - Advance Estate Realty 714-894-4306 Listing Courtesy of: DRE #01924281
Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361

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