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3650 E 2nd Street

Long Beach, CA 90803
  • $3,300,000
  • STATUS: CONTINGENT
  • ON SITE: 17 Days
  • ID#: PW24062996
Under Contract
$3,300,000
  • 4
    BEDS
  • 0.19
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

Introducing "The Euclid," an exceptional garden-style building boasting 12 generously-sized one-bedroom units. This charming row-style building features 8 units on the first floor and 4 units on the second floor, offering a diverse layout to cater to various tenant preferences. Convenience meets functionality with storage facilities conveniently situated adjacent to the laundry room, ensuring tenants have ample space to organize their belongings. Adding to the appeal, four garages line the alley, providing secure parking for residents. Nestled in the coveted rental district of Belmont Heights, tenants relish the opportunity to indulge in the quintessential beach lifestyle. With a remarkable walkability score of 89, residents are mere moments away from the pristine shoreline, acclaimed eateries along 2nd Street, and the vibrant atmosphere of Broadway. Priced attractively at $275K per door, "The Euclid" presents an enticing investment opportunity. Additionally, the adjacent property at 3656 E. 2nd is also available for sale, offering prospective buyers the chance to expand their investment portfolio seamlessly. Don't miss the chance to own this gem in Belmont Heightsschedule a viewing of "The Euclid" today and secure your foothold in this thriving coastal community. Introducing "The Euclid," an exceptional garden-style building boasting 12 generously-sized one-bedroom units. This charming row-style building features 8 units on the first floor and 4 units on the second floor, offering a diverse layout to cater to various tenant preferences. Convenience meets functionality with storage facilities conveniently situated adjacent to the laundry room, ensuring tenants have ample space to organize their belongings. Adding to the appeal, four garages line the alley, providing secure parking for residents. Nestled in the coveted rental district of Belmont Heights, tenants relish the opportunity to indulge in the quintessential beach lifestyle. With a remarkable walkability score of 89, residents are mere moments away from the pristine shoreline, acclaimed eateries along 2nd Street, and the vibrant atmosphere of Broadway. Priced attractively at $275K per door, "The Euclid" presents an enticing investment opportunity. Additionally, the adjacent property at 3656 E. 2nd is also available for sale, offering prospective buyers the chance to expand their investment portfolio seamlessly. Don't miss the chance to own this gem in Belmont Heightsschedule a viewing of "The Euclid" today and secure your foothold in this thriving coastal community.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
www.redtreerealty.com/homes/149131383
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3650 E 2nd Street Long Beach, CA 90803

  • Price: $3,300,000
  • Status: CONTINGENT
  • On Site: 17 Days
  • ID#: PW24062996
4
Beds
0
Baths
0
½ Baths
0.19
Acres
Neighborhood:
Long Beach (90803)
County:
Los Angeles
Area:
Long Beach (90803)
Property Description
Introducing "The Euclid," an exceptional garden-style building boasting 12 generously-sized one-bedroom units. This charming row-style building features 8 units on the first floor and 4 units on the second floor, offering a diverse layout to cater to various tenant preferences. Convenience meets functionality with storage facilities conveniently situated adjacent to the laundry room, ensuring tenants have ample space to organize their belongings. Adding to the appeal, four garages line the alley, providing secure parking for residents. Nestled in the coveted rental district of Belmont Heights, tenants relish the opportunity to indulge in the quintessential beach lifestyle. With a remarkable walkability score of 89, residents are mere moments away from the pristine shoreline, acclaimed eateries along 2nd Street, and the vibrant atmosphere of Broadway. Priced attractively at $275K per door, "The Euclid" presents an enticing investment opportunity. Additionally, the adjacent property at 3656 E. 2nd is also available for sale, offering prospective buyers the chance to expand their investment portfolio seamlessly. Don't miss the chance to own this gem in Belmont Heightsschedule a viewing of "The Euclid" today and secure your foothold in this thriving coastal community. Introducing "The Euclid," an exceptional garden-style building boasting 12 generously-sized one-bedroom units. This charming row-style building features 8 units on the first floor and 4 units on the second floor, offering a diverse layout to cater to various tenant preferences. Convenience meets functionality with storage facilities conveniently situated adjacent to the laundry room, ensuring tenants have ample space to organize their belongings. Adding to the appeal, four garages line the alley, providing secure parking for residents. Nestled in the coveted rental district of Belmont Heights, tenants relish the opportunity to indulge in the quintessential beach lifestyle. With a remarkable walkability score of 89, residents are mere moments away from the pristine shoreline, acclaimed eateries along 2nd Street, and the vibrant atmosphere of Broadway. Priced attractively at $275K per door, "The Euclid" presents an enticing investment opportunity. Additionally, the adjacent property at 3656 E. 2nd is also available for sale, offering prospective buyers the chance to expand their investment portfolio seamlessly. Don't miss the chance to own this gem in Belmont Heightsschedule a viewing of "The Euclid" today and secure your foothold in this thriving coastal community.
Exterior Features

Pool N/K Site Sidewalks

Property Features

Actual Cap Rate 3.92 Annual Expense Actual 86270 Buildings 1 Cfd Mello Roos Fee 2179.0 Cfd Mello Roos Fee Reflects Year Gross Rent Multiplier Actual 14.85 Gross Scheduled Income Actual 222175 Monthly Total Fees 181 Tenant Pays Electricity Terms Cash Zoning Assessor

San Diego MLS logo Listing provided courtesy of Juan Huizar of Sage Real Estate: 562-307-0838. Listing information © 2024 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
 
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