3441 E Wilton Street, Long Beach, CA 90804

About this property

The property is located in Eastside Long Beach just west of the Traffic Circle and near the intersection of Redondo Avenue and Pacific Coast Highway. Additionally, California State University, Long Beach, which serves nearly 40,000 students, is just two miles away. This area is a strong rental market with low vacancy rates.
 
 The offering is a two-story building that was constructed in 1960 and contains eight one-bedroom and three studio units, which are separately metered for gas and electricity. The property also features shared laundry and eight single-car garages; parking is a highly coveted amenity in this market and demands premium rates.
 
 3441 East Wilton Street presents an excellent opportunity for an astute investor to add value and capture substantial upside in rents.

Listing description from the May 2018 sale, as reported to CRMLS.

Sale history

$2,250,000

Sold May 2018 · listed $2,295,000, orig. $2,395,000, on market February 2018 · MLS #PW18025353 · Source: CRMLS

Listing Agent: Steven Bogoyevac · Listing Office: Steven M. Bogoyevac, Broker · Contact: 562-436-5800 · Bought with: General NONMEMBER · CRMLS

$1,460,000

Sold October 2015 · listed $1,400,000, on market August 2015 · MLS #PW15179751 · Source: CRMLS

Listing Agent: Steven Bogoyevac · Listing Office: Steven M. Bogoyevac, Broker · Contact: 562-436-5800 · Bought with: Steven Bogoyevac · Steven M. Bogoyevac, Broker

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