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3819 E. 2nd St., Long Beach, CA 90803

Property

3819 E. 2nd St., Long Beach, CA 90803 Sold February 2024 CRMLS
$4,715,000Sold February 2024

Listing Agent: William Hugron (DRE #00803524) · Listing Office: Ashwill Associates · Contact: 714-356-7823 · Bought with: Alex Nelson · 1st Point Lending Inc. · MLS #PW23084453 · Source: CRMLS

7,476 sqft
Lot Size
1969
Year Built
Property
Type
2
Garage

About this property

For sale, for the first time since originally built in 1969, La Orleans, located at 3819 E. 2nd St. This 4-story multi family property in Long Beach, features 12 extremely large apartments, with a healthy unit mix of one, two, and three bedroom units. This turnkey property boasts a prime location within the well sought after neighborhood of Belmont Heights, walking distance to the beach and all of the boutiques, restaurants and amenities of 2nd St. The building recently underwent major renovations to the exterior of the property and to each of the twelve units, which are all now updated. The property’s oversized units lend themselves well to a potential condo conversion as well. It is elevators served with two stairwells and features covered parking for each of the units. The property owner can also collect extra income from the on-site laundry facility on the ground floor. The spacious floor plans offer ample living space, while the stylish finishes and ocean and mountain views create an atmosphere of luxury and comfort. Residents will appreciate the remodeled units, private balconies, new flooring, and well-appointed bathrooms, all of which contribute to the overall aesthetic and livability of the property. Overall, 3819 E. 2nd St. represents an excellent opportunity for investors who want to acquire a well-maintained, updated multifamily property in one of Long Beach’s most desirable neighborhoods. With its prime location, modern upgrades, and excellent rental history, the property is sure to attract high-quality tenants and generate strong returns for years to come. Do not miss out on this rare opportunity to own a piece of Long Beach real estate that truly has it all.

Listing description from the February 2024 sale, as reported to CRMLS.

Sale history

$4,715,000
Sold February 2024 · listed $6,500,000, orig. $7,500,000, on market May 2023 · MLS #PW23084453 · Source: CRMLS
Listing Agent: William Hugron · Listing Office: Ashwill Associates · Contact: 714-356-7823 · Bought with: Alex Nelson · 1st Point Lending Inc.
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