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1765 Obispo AVE Long Beach, CA 90804
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Key Details
Sold Price $1,602,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,340 sqft
Price per Sqft $300
Subdivision Eastside (Es)
MLS Listing ID SB17070218
Sold Date 06/19/17
HOA Y/N No
Year Built 1954
Property Description
Built in 1954, the Obispo Pool Apartments is a 10-unit courtyard style apartment community. The unit mix consists of 8 one bedroom/one bathroom units, 1 two bedroom/one bathroom unit and a three bedroom/one bathroom unit. The property offers a garden area and pool in the middle of the courtyard. This property contains 5,340 square feet of livable area. It is situated on a flat lot of approximately 12,994 SF. The asset is located on the Eastside/Circle Area of Long Beach. The area is a highly desirable rental area because of its close proximity to California State University Long Beach. The units have ceramic counter tops, tile floors, stoves, refrigerators and ceiling fans. The building includes eight parking spaces, four garages and on-site laundry facility. All units are separately metered for gas and electric. The existing tenant base has been there for multiple years thus providing flexibility to a buyer with a potential favorable value add opportunity.
Location
State CA
County Los Angeles
Area 3 - Eastside, Circle Area
Zoning LBR2N
Interior
Fireplace No
Exterior
Garage Assigned
Garage Spaces 4.0
Garage Description 4.0
Pool Community, In Ground
Community Features Sidewalks, Pool
Parking Type Assigned
Total Parking Spaces 12
Private Pool No
Building
Lot Description Paved
Story One
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Tax ID 7259033033
Acceptable Financing Submit
Listing Terms Submit
Financing Conventional
Special Listing Condition Standard
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Bought with Jonathan Swire • The Agency