$5,000,000
$5,450,000
8.3%For more information regarding the value of a property, please contact us for a free consultation.
4205 E Anaheim ST Long Beach, CA 90804
16,955 SqFt
Key Details
Sold Price $5,000,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 16,955 sqft
Price per Sqft $294
Subdivision Circle (Ca)
MLS Listing ID PW18055678
Sold Date 06/18/18
HOA Y/N No
Year Built 1986
Property Description
The Anaheim Street Apartments is comprised of sixteen units consisting of large two bedroom units, plus one non-conforming studio, a jacuzzi and twenty-five subterranean parking spaces. The property presents investors with an exceptional buying opportunity to acquire a value-add property with 35% rental upside. The building is located in the Park Estates/Circle Area submarket and in close proximity to Cal State Long Beach University, Recreation Park 9 Golf Course and walking distance to restaurants, coffee shops, shopping and nightlife venues.
Location
State CA
County Los Angeles
Area 3 - Eastside, Circle Area
Zoning LBCCN
Rooms
Ensuite Laundry Common Area
Interior
Interior Features Ceiling Fan(s)
Laundry Location Common Area
Flooring Wood
Fireplaces Type Living Room
Fireplace Yes
Appliance Gas Cooktop
Laundry Common Area
Exterior
Garage Spaces 25.0
Garage Description 25.0
Pool Above Ground, Community
Community Features Sidewalks, Pool
Total Parking Spaces 25
Private Pool No
Building
Lot Description Level
Sewer Unknown
Water Other
New Construction No
Others
Senior Community No
Tax ID 7253026017
Energy Description 3332.0
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Financing Conventional
Special Listing Condition Standard
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Robert Stepp • Keller Williams Pacific Estate