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3819 E. 2nd St.

Long Beach, CA 90803

$4,715,000 Sale Price
Est. Payment: $ 0/mo
13
Bed
0
Bath
14,193 Sq. Ft.
$458 / Sq. Ft.
Sold

3819 E. 2nd St.

Long Beach, CA 90803

Sold
$4,715,000 Sale Price
$0/mo
13
Bed
0
Bath
14,193
Sq. Ft.
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. 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.
PROPERTY INFORMATION
MLS # PW23084453 Lot Size 7,476 Sq. Ft.
HOA Fees $0/Monthly Property Type Apartment
Price $ 6,500,000
Price Per SqFt: $ 458
DOM 725 Days
Address 3819 E. 2nd St. Type Residential Income
City Long Beach Sq.Ft. 14,193 Sq. Ft.
Postal Code 90803 Garage 2
County Los Angeles Year Built 1969
Bed / Bath 13 / 0 Parking 14
Built In 1969 Status Closed
Sold Date 2024-02-16
INTERIOR FEATURES
Has Laundry Yes
Laundry Information Common Area, Individual Room, See Remarks, Stackable
Has Fireplace No
Fireplace Information None
InteriorFeatures Information 2 Staircases
EntryLocation 2nd St.
Entry Level 1
SecuritySafety Closed Circuit Camera(s), Security Lights, Security System, Smoke Detector(s)
EXTERIOR FEATURES
Roof Flat
Has Pool No
Pool None
Has Fence Yes
Fencing Chain Link
WALKSCORE
MORTGAGE CALCULATOR
  • Principal & Interest:
  • Property Tax:   $6,933
  • Home Insurance:$119
  • HOA Fees:$0
  • Mortgage Insurance:


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PRICE HISTORY
Date Event Price
02/12/2024 Pending $6,500,000
11/02/2023 Price Change (Relisted) $6,500,000 (8.35%)
06/19/2023 Active Under Contract $7,000,000
06/06/2023 Price Change $7,000,000 (-6.67%)
05/16/2023 Listed $7,500,000
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Listing provided courtesy of William Hugron, Ashwill Associates. 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.
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