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Key Details
Sold Price $3,100,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Other (Othr)
MLS Listing ID PW19179740
Sold Date 10/17/19
HOA Y/N No
Year Built 1963
Lot Size 6,168 Sqft
Property Description
500 Junipero Avenue is a 10-unit turn-key asset just one block from Fourth Street/Retro Row. The building offers 8 one-bedroom/one-bath and 2 two-bedroom/ one-bath units. All units are completely remodeled with new wood laminate flooring, custom cabinetry, quartz countertops, stainless steel appliances, new bathroom vanities, and modern lighting and fixtures throughout. The property also features 5 garages (a total of 10 parking spaces), a community courtyard with BBQ and dining facilities, drought- tolerant landscaping and modern outdoor lighting. 500 Junipero Avenue offers an investor the opportunity to own a completely remodeled, turn-key asset in one of the most sought- after rental markets in Long Beach. The area surrounding Rose Circle Park is known for its enclave of desirable 1910-1922 Craftsman bungalows. It has developed into a bustling, walkable neighborhood offering many dining, nightlife and retail amenities. Eclectic and hip Fourth Street Retro Row is a popular destination for its selection of vintage and contemporary clothing, furniture, homegoods, art antiques and skateboards; as well as locally-owned restaurants, coffee shops and wine bars.
Location
State CA
County Los Angeles
Area 4 - Downtown Area, Alamitos Beach
Zoning LBR3S
Interior
Fireplace No
Laundry Common Area
Exterior
Parking Features Garage
Garage Spaces 10.0
Garage Description 10.0
Pool None
Community Features Street Lights, Sidewalks, Urban
Total Parking Spaces 10
Private Pool No
Building
Lot Description 6-10 Units/Acre
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 7263021005
Energy Description 1310.0
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with Steven Santos • Re/Max Estate Properties