Bought with Jessica Panzica • Keller Williams Pacific Estate
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1734 E Erie Street Long Beach, CA 90802
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Key Details
Sold Price $1,925,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 5,840 sqft
Price per Sqft $329
MLS Listing ID CRPW25200466
Year Built 1987
Lot Size 5,205 Sqft
Property Sub-Type Other
Property Description
Profit-Driven Investment Opportunity at 1734 E. Erie St., Long Beach. This well-maintained and professionally managed 7-unit property, built in 1987, features an efficient and desirable unit mix of five 2-bedroom, 2.5-bath townhouse-style residences and two sizable 1-bedroom, 1-bath units, ideal for capturing a broad tenant base and strong rental demand. Recent capital improvements, including a brand-new roof and completed balcony inspection with repairs, significantly reduce near-term expenses and provide investors with stability and predictable cash flow. Tenants will enjoy seven covered on-site parking spaces in a private, gated garage, a premium convenience in Long Beach. Nestled in the residential Alamitos Beach neighborhood , the property is just blocks from Carrol Park and Alamitos beach, offering easy coastal access. Estimated walking or biking time to the waterfront is likely under 10 minutes, making it highly appealing for tenants seeking a beach-adjacent lifestyle. The location also delivers vibrant urban convenience just minutes from the boutique restaurants and eclectic shops along Retro Row and 4th Street. Situated within a charming neighborhood primarily composed of single-family homes, this offering combines tenant lifestyle appeal with consistent, long-term renta
Location
State CA
County Los Angeles
Interior
Heating Other
Cooling None
Flooring Vinyl, Carpet
Laundry Other
Exterior
View Other
Building
Lot Description Other
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