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825-829 Ocean Blvd
Long Beach, CA 90802

Residential Property For Sale · 4 Units

PROPERTY FACTS

No. Units 4
Property Type Residential
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.09 AC
Building Size 3,750 SF
Average Occupancy 100%
Number of Floors 2
Year Built/Renovated 1922/2013
Parking Ratio 0.53/1,000 SF

Unit Amenities

  • Cable Ready
  • Dishwasher
  • Fireplace
  • Microwave
  • Washer/Dryer
  • Heating
  • Tile Floors
  • Kitchen
  • Wooden Floors
  • Tub/Shower
  • Yard
  • Deck
  • Dining Room
  • Patio
  • Smoke Free

About 825-829 Ocean Blvd , Long Beach, CA 90802

Fantastic opportunity to own an income producing 4-unit beach property with Harbor views. You cannot beat this location or cash flow! Located in Alamitos Beach just steps away from the beach and downtown Long beach where urban living meets the waterfront. Close to some of the best amenities south of LA and in the city's most bike-friendly and walk-able neighborhood. Moments away from East Village Arts District, Pike Shopping Center, Queen Mary, Long Beach Aquarium, Catalina Island Express Ferries, Bixby Park and the great dining options Long Beach is recognized for. All 4 units come fully furnished and have a "private living" atmosphere with their own separate entrances. Front 2 units are both 2 bedroom/ 2 bathroom units and over 1100 square feet each, upgraded with tile and wood/laminate flooring, upgraded kitchens and bathrooms, newer appliances, double pane windows. The upstairs unit has a massive outdoor deck (10x20), perfect for entertaining. The 1 bedroom/1 bathroom unit is approximately 900 sqft with a private entrance, and fully upgraded. The studio is also upgraded and 450 sqft. Other features include 2 separate garages with automatic doors, 1/2 basement for storage, a large upstairs deck, and smaller downstairs deck. All units have direct access to a lovely courtyard complete with landscaping and sidewalks.....YES a YARD in downtown Long Beach! See rent rolls and cash flow analysis. All units delivered vacant so that a future owner may occupy or take advantage of seasonal short-term rental rates.

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
Studios 1 £2,250 450
1+1 1 £2,750 900
2+2 2 £3,250 1,100

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
7265-003-037
Land Assessment
£1,184,110
Improvements Assessment
£421,110
Total Assessment
£1,605,220

zoning

Zoning Code PD-30/R4-R, Long Beach (LBR4R)
PD-30/R4-R, Long Beach (LBR4R)
  • Listing ID: 11126359

  • Date on Market: 03/01/2018

  • Last Updated:

  • Address: 825-829 Ocean Blvd, Long Beach, CA 90802

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