Courtesy of: Mike Marcu 00919594 | Mike Marcu, Broker
Purchase Type: Sale
MLS ID: OC21011150
Days On Market: 82
Year Build: 1963
Lot size: 0.15
Property Type: Residential Income
New Construction: No
Swimming Pool: No
Address: 1075 Obispo Avenue
County: Los Angeles
City: Long Beach
Neighborhood: 3 - Eastside, Circle Area, Other (othr)
Pool Features: None
Property Taxes: $0
We are pleased to announce the sale of 1075 Obispo a 9-unit apartment community located in Long Beach, California. This property provides the right
investor an opportunity to acquire a turnkey asset that has had extensive repairs and renovations performed within the last year.
Renovated in 2020 and built in 1963, 1075 Obispo is a two story, 9-unit apartment community with parking garages. It comprises all 2 / 1.0 floor plans with an average size of 750 square feet for a total rentable building area of 6,750 square feet.
EXTENSIVE RENOVATIONS BY THE CURRENT OWNER
The current owner has invested extensively in renovating
the interiors of the units, adding quartz countertops, waterproof vinyl
flooring, stainless steel appliances, modern style white cabinets with
soft close, ceiling fans, new paint, and fully upgraded bathrooms with
tile shower enclosures.
VERY WALKABLE WITH AN 88 WALKSCORE
The community features a high Walk Score of 88 meaning its very walkable
and most errands can be done on foot. It is within walking distance to
numerous grocery stores, restaurants, coffee shops, bars, and parks.
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