1734 E Erie ST new Save Request In-Person Tour Request Virtual Tour
Long Beach,CA 90802
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Subdivision Alamitos Beach (Ab)
MLS Listing ID PW25200466
HOA Y/N No
Year Built 1987
Lot Size 5,205 Sqft
Property Sub-Type Apartment
Property Description
Profit-Driven Investment Opportunity at 1734 E. Erie St., Long Beach. This well-maintained and professionally managed 7-unit property, built in 1987, features an efficient and desirable unit mix of five 2-bedroom, 2.5-bath townhouse-style residences and two sizable 1-bedroom, 1-bath units, ideal for capturing a broad tenant base and strong rental demand. Recent capital improvements, including a brand-new roof and completed balcony inspection with repairs, significantly reduce near-term expenses and provide investors with stability and predictable cash flow. Tenants will enjoy seven covered on-site parking spaces in a private, gated garage, a premium convenience in Long Beach. Nestled in the residential Alamitos Beach neighborhood , the property is just blocks from Carrol Park and Alamitos beach, offering easy coastal access. Estimated walking or biking time to the waterfront is likely under 10 minutes, making it highly appealing for tenants seeking a beach-adjacent lifestyle. The location also delivers vibrant urban convenience just minutes from the boutique restaurants and eclectic shops along Retro Row and 4th Street. Situated within a charming neighborhood primarily composed of single-family homes, this offering combines tenant lifestyle appeal with consistent, long-term rental demand and strong appreciation potential.
Location
State CA
County Los Angeles
Area 4 - Downtown Area, Alamitos Beach
Zoning LBR1N
Interior
Interior Features Ceiling Fan(s),All Bedrooms Up,Walk-In Closet(s)
Heating Central
Cooling None
Flooring Carpet,Vinyl
Fireplaces Type None
Fireplace No
Appliance Free-Standing Range,Refrigerator
Laundry Common Area
Exterior
Exterior Feature Awning(s)
Parking Features Electric Gate,Garage,Garage Door Opener,Paved,Pull-through,Community Structure
Garage Spaces 7.0
Garage Description 7.0
Fence Average Condition
Pool None
Community Features Street Lights,Suburban,Urban
Utilities Available Cable Available,Electricity Connected,Natural Gas Connected,Sewer Connected
View Y/N Yes
View Neighborhood
Roof Type Composition,Flat,Rolled/Hot Mop
Accessibility None
Total Parking Spaces 7
Private Pool No
Building
Lot Description Rectangular Lot
Story 1
Entry Level One
Sewer Sewer Tap Paid
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 7275014006
Security Features Security Gate
Acceptable Financing Cash,Cash to Existing Loan,Conventional,1031 Exchange
Listing Terms Cash,Cash to Existing Loan,Conventional,1031 Exchange
Special Listing Condition Standard