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$2,295,000

Beds
Unknown
sq ft
4,714

830 Roswell Ave, Long Beach, CA 90804

830 Roswell Ave

Long Beach, CA 90804

  • 70 days on market
    • Price drop $100,000↓
We are pleased to present a 6-unit multifamily property. Built in 1964, the subject property consists of 4,714 rentable square feet spread throughout a 5,851 square foot lot. The building consists of two 1-Bedroom / 1-Bathroom units, three 2-Bedroom / 1-Bathroom units, and one 3-Bedroom / 1 Bathroom unit. It contains 10 parking spaces providing ample on-site parking. Tenants enjoy living in the Greenbelt Heights Neighborhood East of Downtown Long Beach, a short distance to local beaches, California State University of Long Beach, as well as shopping, restaurants, and nightlife. The city of Long Beach continues to progress forward and is currently experiencing major redevelopment. The Long Beach port is undergoing $4.4 billion in future redevelopment that will create 14,000 new and permanent jobs in Southern California. The city is undergoing a building boom with more than $5 billion in private and public investments in various stages of development. The new $520 million Long Beach Civic Center development will house a new City Hall, Port of Long Beach headquarters and the Main Library. Long Beach sustains

Details

Property type

Apartment

Est. home value

$2,094,824

Lot size

5,851 sq ft

Price per sq ft

$487

Year built

1964

Price History

06/27/2024
CRMLS

CRMLS #PW24079844

Price change
$2,295,000
-4.18%
04/22/2024
CRMLS

CRMLS #PW24079844

Listed
$2,395,000
+14.05%
03/21/2022
CRMLS

CRMLS #OC21229684

Sold
$2,100,000

Schools & Community

Neighborhood: 

East Side

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Curbs

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Farmers & Merchants Bank Of Long Beach

Loan start date

October 2022

Original loan amount

$1,186,000

Est. remaining balance

Not provided

Interest rate

6.02%

Loan type

Commercial

Seller

Kam Property 1 Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 07/01/2024 at 9:40 AM

Listing updated: 06/27/2024 at 11:03 AM

Listed by: Kevin King, Marcus & Millichap Phone #: (562) 257-1200

MLS: CRMLS #PW24079844

CRMLS logo

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