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1701 Park Avenue
Long Beach, CA 90815
Sold
1701 Park Avenue, a 9-unit multifamily investment property located in Long Beach, CA. 1701 Park Avenue offers a highly desirable mix consisting exclusively of two-bedroom units and amenities including garage and carport parking, as well as on-site laundry. 1701 Park Avenue is situated in the highly sought-after Park Estates neighborhood of Long Beach. Residents enjoy the property’s prime Long Beach location, with an abundance of hot spots within a 1.5-mile radius of the property. The property is within walking distance of numerous major retail centers surrounding the Los Alamitos Traffic Circle. Additionally, the property is situated in close proximity of both California State University, Long Beach and the Timor Rubin VA Medical Center, two major housing and employment drivers for the city. Furthermore, the property’s close proximity to Recreation Park and the Alamitos Bay provides residents with easy access to an abundance of recreation and leisure activities. The property’s ideal Long Beach location surrounded by an abundance of recreational, educational, and retail amenities are a primary draw for potential renters. This overall demand for well-located rental units will be a key driver in the continued growth and success at 1701 Park Avenue.
PROPERTY INFORMATION
| MLS # | OC24151346 | Lot Size | 8,712 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | Apartment |
| Price | $ 3,100,000
Price Per SqFt: $ 459 |
DOM | 290 Days |
| Address | 1701 Park Avenue | Type | Residential Income |
| City | Long Beach | Sq.Ft. | 6,750 Sq. Ft. |
| Postal Code | 90815 | Garage | 3 |
| County | Los Angeles | Year Built | 1961 |
| Bed / Bath | 2 / 0 | Parking | 4 |
| Built In | 1961 | Status | Closed |
| Sold Date | 2024-10-16 |
INTERIOR FEATURES
| Has Laundry | Yes |
| Laundry Information | Community |
| EntryLocation | First level |
| Entry Level | 1 |
EXTERIOR FEATURES
| Has Pool | No |
| Pool | None |
WALKSCORE
Walk Score: 83 (Very Walkable)
Transit Score: 48 (Some Transit)MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $3,307
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 10/10/2024 | Pending | $3,100,000 |
| 07/23/2024 | Listed | $3,100,000 |
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Listing provided courtesy of Tyler Leeson, Marcus & Millichap RE Invest. 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.
