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1024 Loma Avenue Long Beach, CA 90804
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Key Details
Sold Price $2,150,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Square Footage 4,258 sqft
Price per Sqft $504
Subdivision Eastside
MLS Listing ID PW-23222006
Sold Date 03/12/24
Year Built 1953
Lot Size 8,705 Sqft
Property Description
1024 Loma Avenue is an 8-unit apartment asset located in prime Eastside Long Beach, California offered at 11.95 GRM and 5.50% cap rate on current rents. The property is comprised of (1) 2BD / 2BA unit, (1) 2BD / 1BA unit, and (6) 1BD / 1BA units. There is ample parking of ten (10) surface spaces. All of the units have been fully remodeled with recessed lighting, new flooring, new kitchen countertops, cabinetry, and stainless steel appliance, new bathroom vanities, tiling, and modern fixtures and features throughout. All renovated units offer in- unit washers and dryers. The property is located in a prime Eastside neighborhood with a 91 Walk Score.
Location
State CA
County Los Angeles
Zoning LBR4R
Interior
Laundry Inside
Exterior
Parking Features Gated
Pool None
Community Features Sidewalks
Building
Lot Description 6-10 Units/Acre
Sewer Public Sewer
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