$1,455,000
$1,799,000
19.1%For more information regarding the value of a property, please contact us for a free consultation.
1845 Maine AVE Long Beach, CA 90806
4,690 SqFt
Key Details
Sold Price $1,455,000
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 4,690 sqft
Price per Sqft $310
MLS Listing ID NP24084409
Sold Date 08/22/24
HOA Y/N No
Year Built 1923
Lot Size 7,174 Sqft
Acres 0.1647
Property Description
1845 Maine Avenue 12-unit Spanish-Colonial style complex is located in Los Angeles County's rapidly growing Long Beach Market. Consisting of an ideal unit mix of (2) 1 bedroom/1 Bath units and (10) studio units. Strategically located in the heart of South Wrigley, tenants enjoy the restaurants, shopping, and entertainment of Downtown Long Beach, Pine Avenue, and The Shoreline Village. Access to commuting freeways and core job markets continues to make this location irreplaceable. A future investor will enjoy long-term upside with this asset due to a continued shortage of apartment housing and lack of affordability of single-family homes in Southern California.
Location
State CA
County Los Angeles
Area 5 - Wrigley Area
Zoning LBR1N
Rooms
Ensuite Laundry Common Area
Interior
Laundry Location Common Area
Fireplace No
Laundry Common Area
Exterior
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Sidewalks
Total Parking Spaces 4
Private Pool No
Building
Lot Description Rectangular Lot
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 7202030039
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Financing Cash
Special Listing Condition Standard
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Bought with Cody Charnell • Sage Real Estate
The Wilkas Group - Lenore & Alexander Wilkas
Real Estate Advisors | License ID: 01343201 & 01355442