Sewer Public Sewer
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Utilities Cable Available Electricity Connected Sewer Connected Water Connected
Possession Close Of Escrow
Roof Composition Shingle
Appliances Gas Range Microwave Refrigerator
HOA Fee 0
Garage Spaces 0
Architectural Style Contemporary
Pool Features None
Security Features Security System Gated Community 24 Hour Security Security Lights
Year Built 1946
Tenant Pays Cable TV Electricity Gas
View None
Stories Count 2
Levels Two
Property Subtype Apartment
Gross Income 257952
Community Features Curbs Sidewalks Gated
Accessibility None
County Los Angeles
Net Operating Income 166304
Operating Expense 76755
Insurance Expense 4416
New Construction false
Property Type Residential Income
HOA false
Contingency Seller is currently negotiating a payoff of the city second mortgage.
MaintenanceExpense 4248
Subdivision Name Alamitos Beach
Facing Direction West
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions East of Atlantic - North of Broadway
City Long Beach
Disclosures Rent Control
Entry Location Ground
Senior Community Y/N false
Open Parking Spaces 0
Number Of Units Total 14
MLS Area 4 - Downtown Area Alamitos Beach
Lot Size Units Square Feet
Lot Size Square Feet 4996
Carport Spaces 0
Number of Units Leased 14
Listing Terms Cash to Existing Loan Cash to New Loan Conventional
Spa Features None
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 2100
Fuel Expense 2748
Property Condition Updated/Remodeled Turnkey
Trash Expense 3240
Water Sewer Expense 4800
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 17
Total Actual Rent 255852
Property Sub Type Additional Apartment
Expected Active Date 2026-11-06
Cap Rate 6.04