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1836 E 1st St Long Beach, CA 90802

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16-unit apartment building near the beach with assumable financing.

Type:Multifamily
Property size:
7,676 SF
Added:
Oct 3, 2024
Days on Market:
555
Last Refresh:
Mar 17 at 1:13 pm

Property Features for 1836 E 1st St

General Information

Standard status
Active
Size
7,676 SF
Property subtype
Multifamily

Building Details

Year Built
1923

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Listing Contact
Robert Stepp

Listing agent Robert Stepp License #CA 01456379

Listing office Stepp Commercial

Listing date Oct 3, 2024

Source Crexi

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

All listing content including descriptions, pricing, images are the copyrighted material of Stepp Commercial


Overview

Long Beach Multifamily Investment Opportunity

The property at 1836 E. 1st Street is a 16-unit apartment building located in the Bixby Park area of Long Beach. The controlled access building contains eleven studio apartments, two one-bedroom, one-bathroom apartments, and three two-bedroom, one-bathroom apartments. Most of the units have been renovated and include in-unit washer and dryers. One of the sixteen units is a non-conforming studio that is currently in the process of being permitted. Building improvements include new electrical and gas lines. On-site laundry facilities provide income. The property is located two blocks from the beach and in close proximity to coastal amenities. The building size is 7,676 square feet. Assumable financing is available at 3.59% until April 1, 2027.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Bixby Court Apartment Building Maravilhas da Terra ... (Bike/Boat/Book/etc) Store

Suggested Use

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

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

Location Insight

  • Map
  • Local Demand
City
Long Beach
County
Los Angeles
State
California
Longitude
-118.1691569
Latitude
33.7654105

FAQs

What type of property is this?
Apartment building - 16-unit apartment building near the beach with assumable financing.
Where is this apartment building located?
The property is located at 1836 E 1st St Long Beach, CA.
What is the asking price?
The asking price for this property is $4,150,000.
What are key features of this property?
This property features: Assumable financing at 3.59% until April 1, 2027.; **Prime Bixby Park location, just two blocks from the beach!**; Most units renovated with in‑unit washer/dryers.
More about this property
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