Long Beach, CA 90803,220 Quincy AVE
$2,000,000
Est. payment /mo
Est.Price: ?

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6,359 Sqft Lot
SOLD DATE : 10/31/2013

Key Details

Sold Price $2,000,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Belmont Shore (Bsd)

MLS Listing ID PW13140576

Year Built 1923

Tax Year 2012

Lot Size 6,359 Sqft

Property Description

We are proud to offer a well-maintained, attractive apartment building located in heart of the Belmont Shore community in the city of Long Beach. The subject property is located just minutes from the beach and bay and situated within close proximity to 2nd Street where numerous restaurants and shopping centers are located. The location attracts a strong renter pool who values the beach city life style.
Built in 1923, the subject property has 5,522 rentable square feet, with a lot size of 6,360 square feet. The unit mix consists of five one-bedroom/one-bath units, two two-bedroom/one-bath units, and one two-bedroom/two-bath unit. This is an extraordinary opportunity for an investor to acquire a quality asset in a prime location with true rental upside and stable return.

Location

State CA

County Los Angeles

Area 1 - Belmont Shore/Park, Naples, Marina Pac, Bay Hrbr

Exterior

Garage Spaces 5.0

Garage Description 5.0

Pool None

Community Features Sidewalks

Building

Lot Description 6-10 Units/Acre

Story Two

Sewer Unknown

Water Public

Others

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Kevin King • Marcus & Millichap
Bought with Kevin King • Marcus & Millichap

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Paul Ward

+1(805) 479-5004

Broker Associate | License ID: 01354001

Broker Associate License ID: 01354001

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