Beautiful Homes Real Estate
Daniel Andrade
323-215-9836323-215-9836

2040 W Wardlow Road, Long Beach, CA 90810 (MLS # PW19030123)

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PRICE $2,895,000
BEDS n/a
BATHS 0 baths
HOME SIZE 9,499 sq ft
LOT SIZE 8,684 sqft

We are pleased to present a 12-unit apartment building located at 2040 Wardlow Road in Long Beach, California. Built in 1964, the subject property consists of 9,499 rentable square feet spread throughout a 8,684 square foot lot. The building consists of all 2-bedroom / 1-bathroom units. Tenants have convenient access to freeways as well as many shops and restaurants. The property features an onsite laundry room for tenants’ convenience. Owners enjoy the high demand for rentals in a coastal city of Southern California. The city of Long Beach continues to progress forward and is currently experiencing major redevelopment. The Long Beach port is undergoing $4.4 billion in future redevelopment that will create 14,000 new and permanent jobs in Southern California. The $495 million Long Beach Courthouse was recently completed and opened in September 2013. Long Beach sustains its ability to attract renters due to its strong economy and quality of life. This is an excellent opportunity to acquire a quality asset in a great location with true rental upside and stable return.

DAYS ON MARKET 72 LAST UPDATED 4/15/2019
TRACT California Heights (CH) YEAR BUILT 1964
COMMUNITY Bixby, Bixby Knolls, Los Cerritos COUNTY Los Angeles
TOTAL PARKING 8 STATUS Active
PROPERTY TYPE(S) ResidentialIncome

PRICE HISTORY
Prior to Apr 2, '19 $2,995,000
Apr 2, '19 - Today $2,895,000


ADDITIONAL DETAILS
BUILDINGAREAUNITS Square Feet
COMMONWALLS 2+ common walls
COMMUNITYFEATURES Curbs, Sidewalks
ELEVATIONUNITS Feet
GARAGESPACES 0.00
LANDLEASEYN 0
LAUNDRYFEATURES Community
LISTAGENTSTATELICENSE 01158184
LOTFEATURES 11-15 Units/Acre
LOTSIZESOURCE Assessor
LOTSIZEUNITS Square Feet
MLSAREAMAJOR 6 - Bixby, Bixby Knolls, Los Cerritos
PARCELNUMBER 7317004002
POOLFEATURES None
PRICEPERSQUAREFOOT 304.77
PROPERTYTYPE Residential Income
SEWER Septic Type Unknown
SPECIALLISTINGCONDITIONS Standard
STANDARDSTATUS Active
TAXTRACTNUMBER 5723.0
WATERSOURCE Public




 
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Listing provided by : Kevin King License # 01158184, Marcus & Millichap

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 4/20/19 9:03 PM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information