$5,750,000
$6,000,000
4.2%For more information regarding the value of a property, please contact us for a free consultation.
8,990 Sqft Lot
SOLD DATE : 09/09/2022
Key Details
Sold Price $5,750,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Alamitos Beach (Ab)
MLS Listing ID PW22096751
Sold Date 09/09/22
HOA Y/N No
Year Built 1950
Lot Size 8,990 Sqft
Property Description
1232 E. 2nd Street is a 14-unit turn-key investment asset in prime Alamitos Beach. The property consists of (1) 2BD/1BA unit and (13) 1BD/1BA units. Four units feature private, enclosed courtyards. All units have been renovated with new countertops, laminate wood and porcelain tile flooring, stainless steel appliances, bathtubs, custom tile surrounds, vanities, ceiling fans, lighting, and window coverings. New building systems as well as new vinyl low-energy windows have been installed throughout. The remodeled laundry room features copper pipes and new machines. New landscaping includes installation of concrete hardscape and modern fencing, drought tolerant plants with drip irrigation and lighting.
Location
State CA
County Los Angeles
Area 4 - Downtown Area, Alamitos Beach
Zoning LBR4R
Interior
Fireplace No
Laundry Common Area
Exterior
Pool None
Community Features Sidewalks
Private Pool No
Building
Lot Description 11-15 Units/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 7265011007
Energy Description 1225.0
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Financing Cash to New Loan
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Greg Bassirpou • Marcus & Millichap RE Invest
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "