$2,050,000
$2,195,000
6.6%For more information regarding the value of a property, please contact us for a free consultation.
1,986 Sqft Lot
SOLD DATE : 06/08/2023
Key Details
Sold Price $2,050,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Subdivision Peninsula (Pi)
MLS Listing ID PW22126562
Sold Date 06/08/23
Construction Status Updated/Remodeled,Turnkey
HOA Y/N No
Year Built 1928
Annual Tax Amount $7,727
Tax Year 2022
Lot Size 1,986 Sqft
Property Description
Work where you play in this rare coastal mixed use commercial opportunity currently operating as a residential income triplex. Steps to the sand, Alamitos Bay, Pacific Ocean plus trendy 2nd Street, Belmont Shore restaurants and retail. All the activities you dream of: sailing, paddle boarding, kayaking, swimming, surfing, fishing and more! This area of Long Beach is the best kept secret on the Southern California coast. Loads of custom features and renovations throughout: recessed lighting, speakers, custom wrought iron balconies & spiral staircase & beautiful oak hardwood floors in the upper unit with an open floor plan to enjoy cool breezy California resort style living. Featuring an expansive rooftop area & 2 "owners" unit access points. Upgrades: Island, granite counters & high-end Dynasty range, French doors, central heating, copper plumbing, new drain lines, vinyl windows, new paint, stucco, vinyl plantation shutters, & custom window coverings and more. Upper: 1491 s.f., 2-3 bedroom/2 bath with a private master en-suite & attached gym. 2 downstairs units, both recently remodeled: 713 sf loft style 1 bed/1 bath + fireplace & French doors to private patio & front 1035 sf 2 bed/1 bath open split-level. Long & short term rental area. All information is deemed reliable but not guaranteed, buyer to conduct own investigations.
Location
State CA
County Los Angeles
Area 1 - Belmont Shore/Park, Naples, Marina Pac, Bay Hrbr
Zoning LBPD3
Interior
Interior Features Balcony, Ceiling Fan(s), Granite Counters, Multiple Staircases, Open Floorplan, Partially Furnished, Recessed Lighting, Loft, Primary Suite
Heating Central
Cooling See Remarks
Flooring Carpet, See Remarks, Vinyl, Wood
Fireplaces Type Gas, Living Room, Primary Bedroom
Fireplace Yes
Appliance Dishwasher, Gas Cooktop, Gas Range, Indoor Grill, Microwave, Refrigerator, Range Hood
Laundry Inside, Stacked
Exterior
Exterior Feature Awning(s), Barbecue, Lighting, Rain Gutters, Fire Pit
Parking Features On Street
Fence Excellent Condition, Stucco Wall
Pool None
Community Features Biking, Curbs, Golf, Park, Storm Drain(s), Street Lights, Sidewalks, Water Sports, Fishing
Utilities Available Electricity Connected, Sewer Connected, Water Connected
Waterfront Description Beach Access,Ocean Access,Ocean Side Of Freeway
View Y/N Yes
View Bay, Catalina, City Lights, Coastline, Mountain(s), Ocean, Panoramic, Peek-A-Boo, Water
Roof Type See Remarks
Accessibility Safe Emergency Egress from Home
Private Pool No
Building
Lot Description 0-1 Unit/Acre, Zero Lot Line
Faces West
Story 2
Entry Level Multi/Split
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Spanish
Level or Stories Multi/Split
New Construction No
Construction Status Updated/Remodeled,Turnkey
Others
Senior Community No
Tax ID 7245022022
Acceptable Financing Cash to New Loan, 1031 Exchange
Listing Terms Cash to New Loan, 1031 Exchange
Financing Trade
Special Listing Condition Standard
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Bought with Darren Hamilton • Hamilton Pacific Real Estate
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "