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Listed by Kevin King • Marcus & Millichap
$ 2,695,000
Est. payment /mo
Active
111 Bay Shore Avenue Long Beach, CA 90803
2,276 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 2,276 sqft
Price per Sqft $1,184
MLS Listing ID CRPW25068214
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1947
Lot Size 3,649 Sqft
Property Sub-Type OTHER
Property Description
Mid Century Beach Front Property with Expansive Bay Views *Generational Legacy Asset with Endless Possibilities* Lot and a Half (45 Feet of Frontage) Providing Flexible Space and Development Opportunities* Two Spacious Two Bedroom / One Bathroom Units: Average Unit Size Over 1,000 Square Feet* Lower Unit recently Fully Renovated: New Kitchen, New Bath, & New Flooring *Amenities That All Tenants Value: Synergized Outdoor Space *Washers and Dryers in Each Unit, and Private Parking 90 Walk Score – “Walker’s Paradise†*Ability to Add Two Additional ADU Units to Increase Value for a New Investor Tenants enjoy living in the Belmont shore Neighborhood East of Downtown Long Beach, a short distance to local beaches, California State University of Long Beach, as well as shopping, restaurants, and nightlife. 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 city is undergoing a building boom with more than $5 billion in private and public investments in various stages of development. The new $520 million Long Beach Civic Center development will house a new City Hall, Port of Long Beach
Location
State CA
County Los Angeles
Interior
Fireplace No
Laundry Dryer, Washer
Building
Water Public
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