$800,000
$950,000
15.8%For more information regarding the value of a property, please contact us for a free consultation.
327 W Pacific Coast HWY Long Beach, CA 90806
6,501 SqFt
Key Details
Sold Price $800,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 6,501 sqft
Price per Sqft $123
Subdivision Circle (Ca)
MLS Listing ID PW14002693
Sold Date 05/01/14
HOA Y/N No
Year Built 1931
Tax Year 2012
Lot Size 7,666 Sqft
Property Description
We are pleased to present a 10-unit apartment building located at 327 West Pacific Coast Highway in Long Beach, California. Built in 1931, the subject property consists of 6,501 rentable square feet with a lot size of 7,667 square feet. The subject property has a desirable unit mix of six one-bedroom/one-bath units and four two-bedroom/one-bath units. Owners enjoy the high demand for rentals in a coastal city of Southern California, while tenants enjoy being in close proximity to Downtown Long Beach, which is known for its major tourist attractions, plentiful businesses, hotels, restaurants, and entertainment. This is a rare opportunity to acquire a quality asset in a prime location with true rental upside and stable return.
Location
State CA
County Los Angeles
Area 3 - Eastside, Circle Area
Interior
Fireplace No
Exterior
Pool None
Community Features Sidewalks
Private Pool No
Building
Lot Description 6-10 Units/Acre
Sewer Unknown
Water Public
Others
Tax ID 7209027013
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with Kevin King • Marcus & Millichap