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1043 Alamitos Avenue
Long Beach, CA 90813
Sold
We are pleased to offer the opportunity to acquire 1043 Alamitos Avenue, a 3-unit apartment building located in a rapidly evolving neighborhood of Long Beach. 1043 Alamitos Avenue is a unique property that offers a buyer the opportunity to convert the unused garage space into a brand new 1-bedroom ADU unit which will provide an investor with over 95% rental upside potential. Built in 1929, this 2,240 SqFt bungalow style apartment features gated access to the building and a great unit mix of majority 2-bedroom units. The front two structures have been completed renovated with new bathrooms, restored hardwood floors, new cabinetry, and new utility lines throughout. The property is well-maintained with all units possessing new tankless water heaters, new roofs, and utility lines, but still offers plenty of potential for an investor to capitalize on the incomplete renovations for the 1-bedroom unit and easily convert the garage into a large 1-bedroom ADU.
PROPERTY INFORMATION
| MLS # | 23259695 | Lot Size | 4,552 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | N/A |
| Price | $ 859,000
Price Per SqFt: $ 383 |
DOM | 753 Days |
| Address | 1043 Alamitos Avenue | Type | Residential Income |
| City | Long Beach | Sq.Ft. | 2,240 Sq. Ft. |
| Postal Code | 90813 | Garage | N/A |
| County | Los Angeles | Year Built | 1929 |
| Bed / Bath | 5 / 0 | Parking | N/A |
| Built In | 1929 | Status | Closed |
| Sold Date | 2023-08-30 |
INTERIOR FEATURES
EXTERIOR FEATURES
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $916
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 05/15/2023 | Relisted | $900,000 |
| 05/02/2023 | Active Under Contract | $900,000 |
| 04/14/2023 | Listed | $900,000 |
Topfind Realty
REALTOR®
(844)-333-8033
Questions? Contact today.
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Listing provided courtesy of Kamfar Kyle Mirrafati, Matthews Real Estate Investment Services. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. 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. 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, 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.
