Courtesy of: DAVID COVARRUBIAS | MARCUS & MILLICHAP
Purchase Type: Sale
MLS ID: CV21091648
Days On Market: 15
Year Build: 1965
Lot size: 0.62
Property Type: Residential Income
New Construction: No
Swimming Pool: No
Address: 6974 Long Beach Boulevard
County: Los Angeles
City: Long Beach
Neighborhood: 699 - Not Defined
Pool Features: None
We are proud to present 6974 Long Beach Boulevard, a 27-unit multifamily investment property located in Long Beach, California. Built in 1965, the property sits on 0.62 acre and has a combined building size of approximately 17,708 square feet. The property is comprised of two buildings that consist of (18) one bedroom/one bathroom units of approximately 611 square feet and (9) two bedroom/one bathroom units of approximately 745 square feet. The property features gated controlled access, single and double car garages, open space parking and an on-site laundry room. All of the units are individually metered for gas and electricity and have individual hot water heaters.
The property has an attractive rental location on Long Beach Boulevard and is ideally situated with easy access to the 710 Long Beach Freeway, Interstate 105 and the 91 Freeway. Along with its central location and proximity to Downtown Los Angeles, the city is well served by the Martin Luther King, Jr. Transit Center and the Blue Line light rail station providing its residents many alternative ways of traveling to work, entertainment, dining, shopping, and home. The property offers an investor the ability to capture quality tenants seeking a great community with convenient access to a wide variety of activities, transportation and retail amenities.