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$ 1,900,000
Est. payment | /mo
8 Beds
5,205 Sqft Lot
$ 1,900,000
Est. payment | /mo
8 Beds
5,205 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Pending
Purchase Type For Sale
Subdivision Alamitos Beach (Ab)
MLS Listing ID PW25200466
Bedrooms 8
Lot Size 5,205 Sqft
Property Sub-Type Res Income 2-4 Units
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 rental demand and strong appreciation potential.
Location
State CA
County Los Angeles
Zoning Assessor
Direction just north of 4th
Interior
Fireplace No
Exterior
Utilities Available Sewer Connected
View Y/N No
Roof Type Composition,Rolled/Hot Mop
Building
Story 1
Level or Stories 1
Others
Tax ID 7275014006
Listed by Jessica Panzica Keller Williams Pacific Estate
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "