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$2,650,000

Beds
Unknown
sq ft
Unknown

1360 Euclid Ave, Long Beach, CA 90804

1360 Euclid Ave

Long Beach, CA 90804

  • 69 days on market
**SELLER FINANCING AVAILABLE**Discover this charming Spanish-style 13-unit apartment building nestled in the heart of Long Beach’s vibrant East Side neighborhood. Combining timeless architectural appeal with modern upgrades, this property presents an exceptional opportunity for investors seeking a value-add asset with significant income potential. With a remarkable 35% upside in rents, a new owner can unlock tremendous cash flow while capitalizing on the extensive improvements already completed. Improvements include the installation of 13 new wall heaters (1990), a full repipe of gas lines (1998), a complete replacement of water supply lines (2006),14 new electric meters (1990), double-pane vinyl windows throughout (2017), new 100 gallon water heater (2022), and all ABS plastic drain lines. The original floor plans also offer an opportunity for reconfiguration to unlock even more rental income potential. This reconfiguration has already been completed on unit #10. Seller financing is available for qualified buyers.

Details

Property type

Apartment

Lot size

6,503 sq ft

Price per sq ft

Unknown

Year built

1923

Price History

12/16/2024
CRMLS

CRMLS #PW24249846

Listed
$2,650,000

Schools & Community

Neighborhood: 

Traffic Circle

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Curbs

Status: Active

Tomo last checked: 02/23/2025 at 2:40 PM

Listing updated: 01/23/2025 at 4:04 PM

Listed by: Cody Charnell, Sage Real Estate Group, Inc. Phone #: (562) 400-7622

MLS: CRMLS #PW24249846

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