928 Long Beach Blvd, Long Beach, CA 90813
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Listed Price :
$2,400,000
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Beds :
N/A
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Baths :
N/A
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Property Size :
N/A sqft
Property Description
This prime 12-unit apartment complex in Downtown Long Beach offers exceptional investment potential. Located in the PD30 Zone, the property benefits from favorable city incentives and provides opportunities for both long-term holding and redevelopment into additional multi-units. Spanning a 12,537 sqft lot with 6,793 sqft of living space, the complex features two side-by-side buildings and is currently occupied by long-term tenants, presenting ample room for rent increases. Situated just minutes from the beach, with easy access to amenities, entertainment, freeways, and transportation hubs, the property is strategically positioned for growth. With Long Beach’s plans to revamp downtown by 2028, this asset could see its value multiply up to ten times, making it a highly desirable and valuable investment opportunity.
Interior Features
| Laundry Information |
| Location(s) |
None |
| Bedroom Information |
| Bedrooms |
N/A |
| Bathroom Information |
| Bathrooms |
N/A |
Listing Information
| Address |
928 Long Beach Blvd |
| City |
Long Beach |
| State |
CA |
| Zip |
90813 |
| County |
Los Angeles |
| Listing Agent |
Benny Huynh DRE #01756802 |
| Co-Listing Agent |
Minh Pham DRE #01924281 |
| Courtesy Of |
Advance Estate Realty |
| List Price |
$2,400,000 |
| Status |
Active |
| Type |
Commercial |
| Subtype |
Multi Family |
| Structure Size |
N/A |
| Lot Size |
12,532 |
Listing information courtesy of: Benny Huynh, Minh Pham, Advance Estate Realty. *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 4:12 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.
