1660 Park Avenue, CA

$3,100,000

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2

Beds

0.18

Acres

About 1660 Park Avenue

1660 Park Avenue is a 9-unit multifamily investment property located in Long Beach, CA. 1660 Park Avenue offers a highly desirable mix of exclusively two-bedroom units averaging 839 square feet. The property features amenities including 4 single-car garages, each with a tandem surface space, screen doors, and an on-site laundry facility. Current ownership has recently invested significant capital into upgrades including a new roof and an upgraded main sewer line. 1660 Park Avenue is situated in the highly sought-after Park Estates neighborhood of Long Beach. Residents enjoy the propertys prime Long Beach location, with an abundance of hot spots within a 1.5-mile radius of the property. The property is within walking distance of numerous major retail centers surrounding the Los Alamitos Traffic Circle. Additionally, the property is situated in close proximity of both California State University, Long Beach and the Timor Rubin VA Medical Center, two major housing and employment drivers for the city. Furthermore, the propertys close proximity to Recreation Park and the Alamitos Bay provides residents with easy access to an abundance of recreation and leisure activities. The propertys ideal Long Beach location surrounded by an abundance of recreational, educational, and retail amenities are a primary draw for potential renters. This overall demand for well-located rental units will be a key driver in the continued growth and success at 1660 Park Avenue.

Features of 1660 Park Avenue

MLS® # OC24187219
Price $3,100,000
Bedrooms 2
Bathrooms 0.00
Acres 0.18
Type Residential Income
Status CONTINGENT

Community Information

Address 1660 Park Avenue
Area LONG BEACH (90815)
County Los Angeles
State CA
Zip Code 90815

Amenities

Is Waterfront No
Has Pool No
Pool N/K

Interior

Fireplace No
# of Stories 1

Exterior

Lot Description Curbs, Sidewalks

Additional Information

Date Listed September 9th, 2024
Days on Market 25
Zoning Assessor
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeMarcus & Millichap RE Invest

Listing Map

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