1360 Euclid Avenue
Long Beach, CA 90804
- – beds
- – baths
- – sqft
- 6,503 sqft lot
- 1923 build
- – on site
**SELLER FINANCING AVAILABLE**Discover this charming Spanish-style 13-unit apartment building nestled in the heart of Long Beach’s vibrant East Side neighborhood. Combining timeless architectural appeal with modern upgrades, this property presents an exceptional opportunity for investors seeking a value-add asset with significant income potential. With a remarkable 35% upside in rents, a new owner can unlock tremendous cash flow while capitalizing on the extensive improvements already completed. Improvements include the installation of 13 new wall heaters (1990), a full repipe of gas lines (1998), a complete replacement of water supply lines (2006),14 new electric meters (1990), double-pane vinyl windows throughout (2017), new 100 gallon water heater (2022), and all ABS plastic drain lines. The original floor plans also offer an opportunity for reconfiguration to unlock even more rental income potential. This reconfiguration has already been completed on unit #10. Seller financing is available for qualified buyers.
Listed By CRMLS_CA / Cody Charnell / Sage Real Estate / 562-896-3851
Last checked:
Checking…
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Last updated Dec 17, 2024
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MLS# PW24249846 —
The Building
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Year Built:1923
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Year Built Source:Assessor
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New Construction:No
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Building Area Total:4630.00
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Building Area Units:Square Feet
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Total Number Of Units:13
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# of Buildings:1
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Stories Total:2
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Entry Level:1
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Common Walls:2+ Common Walls
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# of Separate Gas Meters:1
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# of Separate Water Meters:1
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# of Separate Electric Meters:14
Interior
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Entry Location:Courtyard
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Laundry:None
Location
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Directions:North of Anaheim and East of Redondo
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Latitude:33.78402200
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Longitude:-118.14884600
The Property
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Property Type:Residential Income
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Subtype:Apartment
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Zoning:LBR2N
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Lot Features:11-15 Units/Acre
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Lot Size Area:6503.0000
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Lot Size Acres:0.1493
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Lot Size SqFt:6503.00
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Lot Size Source:Assessor
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Property Attached:1
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Block:3
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Tax Census Tract:5750.02
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Tax Tract:1981
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Tax Lot:6
The Listing
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Special Listing Conditions:Standard
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Parcel Number:7253008006
Heating & Cooling
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Heating:1
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Heating:Wall Furnace
Utilities
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Sewer:Public Sewer
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Water Source:Public
The Community
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Subdivision:Eastside (ES)
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Subdivision:Eastside (ES)
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Features:Curbs
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Pool:None
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Senior Community:No
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Private Pool:No
Parking
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Parking:No
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Parking:None
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
12/16/24
Dec 16, 2024
|
Listed / Active | CRMLS_CA | $2,650,000 |