25 Falcon Avenue

  • Long Beach

  • $1,749,000
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Residential Income Details

Description
Prime Alamitos Beach location – Walk to the beach and downtown! This classic Spanish style property offers an investor the opportunity to acquire a true value-added investment with a huge upside in the rent in a location that is one of the best rental areas in Long Beach. The property features 4 very large 2 bedroom 1 bath units. The property was originally constructed in 1923 and is 4,976 square feet of building with 3 garages and one open parking space. The property in its original condition with unit amenities that include hardwood floors, ceramic tile, ceiling fans, gas range stoves, built-in cabinets, ceramic tile counter tops, service porches and some units have laundry hookups. The property includes a courtyard that can be used by all tenants, laundry room and two entry access for all units. This perfect owner/user investment is located in the heart of Alamitos Beach and within one block of the ocean. Walk to downtown, Pike area retail, restaurants, grocery store and East Village Arts District. At this new REDUCED price this is the Best priced per square foot property in this prime Long Beach location.
Essential
MLS #PW18188260
Price$1,749,000
Number of Units4
Sale TypeThird Party Approval
Sub-TypeQuadruplex
StatusActive
Listing BrokerageColdwell Banker Commercial
Listing AgentGeorge Bustamante
Listing Agent BRE #01484265
Co-Listing AgentJ. Steven Warshauer
Co-Listing Agent BRE #00499477
Interior
FloorCarpet,Tile,Wood
CoolingNone
HeatingWall Heater
FireplaceNone
Exterior
Garage Spaces3
PoolNone
RoofingAsphalt
Community
Area4 - Downtown Area, Alamitos Beach
TractAlamitos Beach (AB)
CommunityCurbs,Storm Drains,Urban
Address25 Falcon Avenue
CityLong Beach
CountyLos Angeles
StateCA
ZipCode90802
School

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Based on information from California Regional Multiple Listing Service, Inc. as of Friday, August 10, 2018. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.