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Business opportunity for sale in California Heights

USD 8,750,000

Business opportunity (For sale)

56,690 sqft
Reference: EDEN-T98738760 / 98738760
Discover an exceptional investment opportunity in Bixby with this well-maintained multi-family residential income portfolio. This portfolio presents an attractive opportunity consisting of 28 2-bedroom units, each offering 1.5 or 1.75 baths. Building 1: 3430 ELM AVENUE 14 units all 2 bedrooms and 1.5 bath Building 2: 3440 ELM AVENUE: 14 units all 2 bedrooms and 1.75 bath **Key Features:** - **Location:** Conveniently situated close to freeways and downtown Bixby, providing easy access to amenities and commuter routes. Atlantic and Wardlow, 405 Highway, Metrolink, Public Transportation available. Close to hospitals, retail shopping centers, and parks. - **Unit Configuration:** All units are spacious 2-bedroom layouts, designed to appeal to a wide range of tenants seeking comfort and convenience. Units can be renovated to generate higher market rent. - **Maintenance:** Well-maintained buildings with recent updates. New Boiler in 3430, Resident Manager on-site. - **Community Amenities:** Nearby parks, shopping, dining, and entertainment options enhance tenant satisfaction and attract potential renters. - **Parcel Details:** Comprising two separate parcels sold as one portfolio, providing flexibility and potential for future development or management strategies.
Features:
- Air Conditioning
View more View less Discover an exceptional investment opportunity in Bixby with this well-maintained multi-family residential income portfolio. This portfolio presents an attractive opportunity consisting of 28 2-bedroom units, each offering 1.5 or 1.75 baths. Building 1: 3430 ELM AVENUE 14 units all 2 bedrooms and 1.5 bath Building 2: 3440 ELM AVENUE: 14 units all 2 bedrooms and 1.75 bath **Key Features:** - **Location:** Conveniently situated close to freeways and downtown Bixby, providing easy access to amenities and commuter routes. Atlantic and Wardlow, 405 Highway, Metrolink, Public Transportation available. Close to hospitals, retail shopping centers, and parks. - **Unit Configuration:** All units are spacious 2-bedroom layouts, designed to appeal to a wide range of tenants seeking comfort and convenience. Units can be renovated to generate higher market rent. - **Maintenance:** Well-maintained buildings with recent updates. New Boiler in 3430, Resident Manager on-site. - **Community Amenities:** Nearby parks, shopping, dining, and entertainment options enhance tenant satisfaction and attract potential renters. - **Parcel Details:** Comprising two separate parcels sold as one portfolio, providing flexibility and potential for future development or management strategies.
Features:
- Air Conditioning
Descubra uma oportunidade de investimento excepcional em Bixby com este portfólio de renda residencial multifamiliar bem conservado. Este portfólio apresenta uma oportunidade atraente composta por 28 unidades de 2 quartos, cada uma oferecendo 1,5 ou 1,75 banheiros. Edifício 1: 3430 ELM AVENUE 14 unidades, todos com 2 quartos e 1,5 banheiros Edifício 2: 3440 ELM AVENUE: 14 unidades, todas com 2 quartos e 1,75 banheiros ** Características principais: ** - **Localização:** Convenientemente situado perto de rodovias e do centro de Bixby, proporcionando fácil acesso a comodidades e rotas de passageiros. Atlântico e Wardlow, 405 Highway, Metrolink, Transporte público disponível. Perto de hospitais, shopping centers e parques. - **Configuração da unidade:** Todas as unidades são layouts espaçosos de 2 quartos, projetados para atrair uma ampla gama de inquilinos que buscam conforto e conveniência. As unidades podem ser reformadas para gerar um aluguel de mercado mais alto. - **Manutenção:** Edifícios bem conservados com atualizações recentes. Nova caldeira em 3430, gerente residente no local. - **Comodidades da comunidade:** Parques, lojas, restaurantes e opções de entretenimento próximos aumentam a satisfação dos inquilinos e atraem locatários em potencial. - **Detalhes do pacote:** Composto por dois lotes separados vendidos como um portfólio, proporcionando flexibilidade e potencial para desenvolvimento futuro ou estratégias de gerenciamento.
Features:
- Air Conditioning
Reference: EDEN-T98738760
Country: US
City: Long Beach
Postal code: 90807
Category: Commercial
Listing type: For sale
Property type: Business opportunity
Property size: 56,690 sqft
Air-conditioning: Yes
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