5465 2nd Street, Long Beach, CA, 90803

5465 2nd Street, Long Beach, CA, 90803 < >
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for sale
$5,170,000
Year Built:1947
Status:Active
MLS #:PW17157433
Date Updated:
For information contact:
Star Real Estate
1-888-887-1897
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We are pleased to present an attractive 23 unit apartment building located in the beautiful area of Naples Island in Long Beach, CA. The subject property is situated less than one block from the ocean and walking distance to restaurants, shops, entertainment and retail stores on 2nd Street. This property contains (22) Studio / one-bathroom units and (1) one-bedroom /one bathroom unit. Built in 1947, the subject property was completely renovated inside and out in 2016. Exterior upgrades includes new windows, paint, full replacement of iron railings, wood structure upgrades, recent termite fumigation and redesign of all stonework. The property uses Solar Panels to drastically reduce the overall utility cost to the owner. Paid utilities are highly sought after on the rental market. Having a solar panel installation allows the building to offer all utilities paid as an incentive and a marketing differentiator while continuing to maintain lower than market utility costs. Interior upgrades include stone-counter tops, cabinetry, hardwood floors and new appliances. Nearby restaurants include Michael's, Chianina Steakhouse, Roe Seafood, Nico's, Riley's and Brix at the Shore. The location is
Interior Details
Levels: TwoStories Total: 2

Exterior Details
Garage Spaces: 0.00Lot Features: 21-25 Units/Acre
Number Of Buildings: 1Number Of Units Total: 23
Parking Total: 0.00Pool Features: None

Community Information
County Or Parish: Los AngelesDirections: 2nd Street & Siena Drive
MLS Area Major: 1 - Belmont Shore/Park, Naples, Marina Pac, Bay HrbrParcel Number: 7244002030
Subdivision Name: Naples (NA)Zoning: LBR2S

Property Information From MLS Data
Year Built: 1947

Utilities
Water Source: Public

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Walk Score® for 5465 2nd Street
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Listing courtesy of Kevin King, Marcus & Millichap

Information obtained from CACRMLS is current as of 10/18/2017 4:53 PM. Information provided by seller/other sources, not verified by broker. All interested persons should independently verify accuracy of all information. Information deemed reliable but not guaranteed. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.