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$1,125,000
72 Days On Site

1132 E Arcadia Court
Long Beach, CA 90813

For Sale|Apartment|Active
0
Beds
0
Full Baths
0
Partial Baths
2,886
SqFt
$390
/SqFt
1962
Built
County:
Los Angeles
Listed by Cameron Samimi of Lyon Stahl Investment Real Estate, Inc. [email protected]

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1132 E Arcadia Court1132 E Arcadia Court1132 E Arcadia Court1132 E Arcadia Court
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Monthly Payment (Est.)

$5,133
Calculator powered by Showcase IDX. Copyright ©2024 Information is deemed reliable but not guaranteed.

6.01% current in place cap rate and 10.76 GRM with tons of upside (43% rental upside). Value-Add investors will want to take note of of the ADU opportunity on this asset. RARE 8 parking spaces on this overparked asset. 1132 Arcadia is a perfect asset for a new or experienced investor located at the end of a quiet Culde- sac near the hottest and fastest growing market in LA Counties own in Long Beach. Great unit mix comprised of (2) 2Bed+1Bath and (3) 1Bed+1Bath units, most of which have been lightly renovated in the past 2 years. There are 8 parking spaces on site, adding significant value to the property. Each unit is separately metered for gas and electric. The subject property is located just outside the $6 Billion of new development flooding into Downtown Long Beach, including the Long Beach Civic Center, Aquarium, OceanAire Project, CSULB Downtown Village, Broadway Block, The Pacific and Queen Mary Island.

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Listing Snapshot
Price 
$1,125,000
Days On Site 
72 Days
Bedrooms 
N/A
Inside Area (SqFt) 
2,886 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1145 Acres
Year Built 
1962
MLS® Number 
SB24178774
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 weeks agoPrice changed to $1,125,000
3 weeks agoListing updated with changes from the MLS®
4 weeks agoStatus changed to Active
2 months agoListing first seen on site
General Features
Acres 
0.1145
Number Of Stories 
2
Property Sub Type 
Apartment
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
2886
Water Source 
Public
Interior Features
Laundry Features 
Inside
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Exterior Features
Pool Features 
None
Community Features
Building Access 
1
Financing Terms Available 
CashConventional1031 Exchange
MLS Area 
5 - Wrigley Area


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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