262 PARK Avenue, Long Beach, CA 90803
Property · 2 recorded sales since 2016
Sold May 2019
Listing Agent: David Harrington (DRE #01320460) · Listing Office: Matthews Real Estate Investmen · Contact: 866-889-0550 · Bought with: David Harrington · Matthews Real Estate Investmen · MLS #18413266 · Source: CRMLS
About this property
262 Park Avenue is a 4-unit property located in the Estates Section of Belmont Heights, presenting the unique opportunity to own an income property in a phenomenal rental market with tremendous growth potential. Conveniently located blocks away from the beach, Alamitos Bay, Naples Island, East 2nd Street, and the new 2nd & PCH outdoor shopping center set to open in Summer 2019.Complete restoration of this 1920's Spanish Colonial style property with ocean views from select units features new kitchens with stamp-concrete tile, bathrooms featuring carrera-marble, new heating, plumbing, electrical, individual laundry hook-ups and hardwood floors throughout. Each unit also features one dedicated oversized garage with additional storage in each.Long Beach home sales prices have increased over 35% since January 2015, making it more difficult for home ownership and ensuring a continued strong rental market. With overall rent increases of 30% over the same time period, multi-family has
Listing description from the May 2019 sale, as reported to CRMLS.
Sale history
