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Waterfront
Address
6974 Long Beach Boulevard Long Beach, CA
Price
$ 6,425,000
Property Attributes
  • MLS#CV19206101
  • TypeIncome
  • CountyLOS ANGELES
  • CityLong Beach
  • Zip90805
  • Style
  • Price$ 6,425,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage17703
  • Lot Size0.62 Acres
Listing Provided Courtesy Of:
DAVID COVARRUBIAS with MARCUS & MILLICHAP.
Property Description

6974 Long Beach Boulevard, is a 27-unit multifamily investment property located in Long Beach, California. The property is located on Long Beach Boulevard, North of State Route 91 and South of Alondra Boulevard. The property also has easy access to the 710 Long Beach Freeway, Interstate 105 and State Route 91, providing residents with convenient access to Los Angeles County. The 17,703 square foot property consists of (18) one bedroom/one bathroom and (9) two bedroom/one bathroom floorplans. Built in 1965, the property sits on a .62 acre parcel and offers amenities including garage parking, on-site laundry, secured entrance and parking. In addition, the units are individually metered for gas and electricity and have individual hot water heaters. Historically known for its status as the preeminent harbor city on the West Coast, Long Beach continues to gain notoriety as an exciting and vibrant waterfront destination. Long Beach’s world-class port, prestigious university, unique business market, and unmatched local attractions have made it one of Southern California's most desirable and versatile markets. Given the strength of the overall apartment market within the city of Long Beach, 6974 Long Beach Blvd offers an investor the ability to capture quality tenants seeking a great neighborhood with convenient access to a wide variety of activities, transportation and retail amenities.

Price History
8/28/2019 Listed $6,425,000

General Features

Attached Structure Attached
Co-Listing Agent Last Name MCCAULEY
Co-Listing Agent Last Name DOUGLAS
Co-Listing Agent State License # 01155706
Co-listing Agent DOUGLAS MCCAULEY - BRE#01155706
Community Features Curbs
Directions North of 91 Freeway
Listagentaor Citrus Valley
Listing Agent DAVID COVARRUBIAS - BRE#01941403
Listing Agent State License 01941403
MLS Area 699 - Not Defined
Number of Units Leased 27
Price Per Square Foot 362.93
Property Attached Y/N Yes
Source System CRMLS
Special Listing Conditions Standard
Total Units 27
Zoning LBR3S

Interior Features

1st Bedroom Area Unit Type Square Feet
2nd Bedroom Area Unit Type Square Feet
3rd Bedroom Area Unit Type Square Feet
Common Walls 1 Common Wall
Laundry Features Common Area
Laundry Y/N Yes
Studio Area Unit Type Square Feet

Exterior Features

Building Area Total 17703.00
Garage Spaces 27.00
Lot Features 26-30 Units/Acre
Lot Size Acres 0.6171
Lot Size Area 26879.0000
Lot Size Source Assessor
Lot Size Square Feet 26879.00
Lot Size Units Square Feet
Number of Buildings 2
Number of Separate Electric Meters 27
Number of Separate Gas Meters 27
Number of Separate Water Meters 1
Pool Features None
Sewer Public Sewer
Total Parking 27.00
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90805

Price
AVG $1.15M
$6.43M
Visits
AVG 57
41
Year Built
AVG 1945
1965
Walkscore
AVG 68
72
Data Provided by Walkscore ® not using MLS data

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