$2,650,000
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1360 Euclid Avenue Long Beach, CA 90804
Apartment
Residence
Beds
Baths
4,630
Sq. Ft.
0.15
Acre
Lot
Property Activity
Time on Site
days
Days on Market
Views
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**SELLER FINANCING AVAILABLE**Discover this charming Spanish-style 13-unit apartment building nestled in the heart of Long Beach’s vibrant East Side neighborhood. Combining timeless architectural appeal with modern upgrades, this property presents an exceptional opportunity for investors seeking a v...alue-add asset with significant income potential. With a remarkable 35% upside in rents, a new owner can unlock tremendous cash flow while capitalizing on the extensive improvements already completed. Improvements include the installation of 13 new wall heaters (1990), a full repipe of gas lines (1998), a complete replacement of water supply lines (2006),14 new electric meters (1990), double-pane vinyl windows throughout (2017), new 100 gallon water heater (2022), and all ABS plastic drain lines. The original floor plans also offer an opportunity for reconfiguration to unlock even more rental income potential. This reconfiguration has already been completed on unit #10. Seller financing is available for qualified buyers.
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MLS#
PW24249846
Property Type
Apartment
Status
Year Built
1923
Square Feet
4,630
sq. ft
Lot Size
0.15
Sewer
Public Sewer
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