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5120 E Livingston Dr Long Beach, CA 90803

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For Sale
$12,200,000

26-unit apartment complex in Belmont Shore, steps from the beach.

Lot size:
0.37 Acres

Property Features for 5120 E Livingston Dr

General Information

Property type
Investment
Standard status
Active
Lot size
0.37 Acres

Building Details

Year built
1943

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Listing Contact
Robert Stepp
Robert Stepp
Source: Elliman

Listing Agent: Robert Stepp

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Livingston Place Apartments in Belmont Shore

Livingston Place is a 26-unit apartment complex located at 5120 Livingstone Drive in the Belmont Shore rental submarket of Long Beach. The property consists of 1-bedroom, 1-bathroom units in varying sizes, all remodeled with modern kitchens and bathrooms. A spacious and inviting common courtyard enhances the living experience, featuring BBQ and dining facilities. The oversized lot includes 13 private garages. Recent capital improvements include upgraded electrical panels and completed seismic retrofitting. Livingston Place offers a location just steps from the beach and within close proximity to Naples Island, the shopping and dining scene of 2nd Street, and Alamitos Bay.
Location Intelligence

Current Use by Public Records

Beach Front Property ... Apartment Complex

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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City
Long Beach
County
Los Angeles
State
California
Longitude
-118.1330244
Latitude
33.763873

FAQs

What type of property is this?
Apartment building - 26-unit apartment complex in Belmont Shore, steps from the beach.
Where is this apartment building located?
The property is located at 5120 E Livingston Dr Long Beach, CA.
What is the asking price?
The asking price for this property is $12,200,000.
What are key features of this property?
This property features: - Prime Belmont Shore location, steps from the beach, 2nd Street, Naples Island, and Alamitos Bay.; - **Attractive assumable financing at 2.97% with 60% LTV through 2030.**; - All units are remodeled 1-bedroom, 1-bathroom apartments with modern kitchens and bathrooms.
More about this property
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