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$6,500,000
135 Days Online

3819 E. 2nd St.
Long Beach, CA 90803

For Sale|Multi-Family|Active
Subdivision:
Belmont Heights (Bh)
County:
Los Angeles
Listed by William Hugron of Ashwill Associates ?

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3819 E. 2nd St.3819 E. 2nd St.3819 E. 2nd St.3819 E. 2nd St.
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Monthly Payment (Est.)

$29,656
Calculator powered by Showcase IDX. Copyright ©2023 Information is deemed reliable but not guaranteed.

For sale, for the first time since originally built in 1969, La Orleans, located at 3819 E. 2nd St. This 4-story multi family property in Long Beach, features 12 extremely large apartments, with a healthy unit mix of one, two, and three bedroom units. This turnkey property boasts a prime location within the well sought after neighborhood of Belmont Heights, walking distance to the beach and all of the boutiques, restaurants and amenities of 2nd St. The building recently underwent major renovations to the exterior of the property and to each of the twelve units, which are all now updated. An investor should have no issues with getting tenants out or bringing each of the units up to market rents, as the property will be delivered without tenants and the new Landlord can put their own tenants in at top of the market rents. The property’s oversized units lend themselves well to a potential condo conversion as well. It is elevators served with two stairwells and features covered parking for each of the units. The property owner can also collect extra income from the on-site laundry facility on the ground floor. The spacious floor plans offer ample living space, while the stylish finishes and ocean and mountain views create an atmosphere of luxury and comfort. Residents will appreciate the remodeled units, private balconies, new flooring, and well-appointed bathrooms, all of which contribute to the overall aesthetic and livability of the property. Overall, 3819 E. 2nd St. represents an excellent opportunity for investors who want to acquire a well-maintained, updated multifamily property in one of Long Beach’s most desirable neighborhoods. With its prime location, modern upgrades, and excellent rental history, the property is sure to attract high-quality tenants and generate strong returns for years to come. Do not miss out on this rare opportunity to own a piece of Long Beach real estate that truly has it all.

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Listing Snapshot
Price 
$6,500,000
Days Online 
135 Days
Bedrooms 
N/A
Inside Area (SqFt) 
14,193 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1716 Acres
Year Built 
1969
MLS Number 
PW23084453
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a month agoListing updated with changes from the MLS
a month agoPrice changed to $6,500,000
3 months agoStatus changed to Active
3 months agoStatus changed to Pending
4 months agoPrice changed to $7,000,000
See 1 more
General Features
Parking 
Attached CarportCarportDoor SingleGarage
Parking Spaces 
14
Sewer 
Public Sewer
Number of Stories 
4
Acreage 
0.1716
Water 
Public
Security 
Security SystemClosed Circuit CamerasSmoke DetectorsSecurity Lights
Property Sub Type 
Apartment
Garage Spaces 
2
Listing Conditions 
Standard
Interior Features
Interior 
MultipleStaircases
Fireplace Features 
None
Laundry Features 
Common AreaLaundry RoomSee RemarksStacked
Fireplace 
No
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Exterior Features
Roof 
Flat
Fencing 
Chain Link
Pool Features 
None
Waterfront Features 
Ocean Side Of Highway
Lot 
Item1115 Units Acre
Community Features
Association Dues 
0
Community Features 
BikingCurbsDog ParkFishingGolfGuttersStorm DrainsStreet LightsSidewalksUrbanWater Sports
Senior Community 
No
MLS Area 
2 - Belmont Heights, Alamitos Heights
Security Features 
Security SystemClosed Circuit CamerasSmoke DetectorsSecurity Lights


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
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