Long Beach, CA 90813,325 W 10th ST
Long Beach, CA 90813,325 W 10th ST
Long Beach, CA 90813,325 W 10th ST
Long Beach, CA 90813,325 W 10th ST
Long Beach, CA 90813,325 W 10th ST
Long Beach, CA 90813,325 W 10th ST
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$2,425,000

$2,425,000

Est.Price: ?

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Est. payment /mo

8,145 Sqft Lot


SOLD DATE : 01/20/2022

Key Details

Sold Price $2,425,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Willmore District (Wm)

MLS Listing ID PW21218127

Sold Date 01/20/22

HOA Y/N No

Year Built 1916

Lot Size 8,145 Sqft

Property Description

325 W. 10th Street is a 9-unit investment asset in the up-and-coming Willmore City Historic District, just north of Downtown Long Beach. The property offers (8) one-bedroom/one-bath apartments, with laminate wood or vinyl plank flooring, and a remodeled two-bedroom/one-bath house in
the rear. The house is master leased with sub-lease tenants providing exceptional income. A laundry room with machines owned by the building provides existing income, as do the two garages and three parking spaces. Both laundry and parking income have the potential to be increased. This property is in very close proximity to all of the exciting amenities and employment opportunities in Downtown Long Beach. The location is popular for commuters because it provides easy access to the 710 and 405 freeways as well as the Metro Blue Line which runs between Downtown Long Beach and Downtown Los Angeles, with 22 stops along the way. 325 W. 10th Street offers an investor the opportunity to own a solid asset in an up-and-coming area adjacent to booming Downtown Long Beach.

Location

State CA

County Los Angeles

Area 4 - Downtown Area, Alamitos Beach

Zoning LBPD10

Interior

Fireplace No

Laundry Laundry Room

Exterior

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Urban

Total Parking Spaces 5

Private Pool No

Building

Lot Description 6-10 Units/Acre

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 7272006035

Energy Description 4825.0

Acceptable Financing Cash, Cash to New Loan, 1031 Exchange

Listing Terms Cash, Cash to New Loan, 1031 Exchange

Financing Cash to New Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Robert Stepp • Keller Williams - Santa Monica
Bought with Anthony Walker • Buckingham Investments, Inc
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4016 Grand Ave Suite A # 1082, Chino, CA, 91710, United States

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