$7,250,000
$6,425,000
12.8%For more information regarding the value of a property, please contact us for a free consultation.
0.31 Acres Lot
SOLD DATE : 10/04/2019
Key Details
Sold Price $7,250,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision California Heights (Ch)
MLS Listing ID OC19119980
Sold Date 10/04/19
HOA Y/N No
Year Built 1960
Lot Size 0.310 Acres
Property Description
1801 East Wardlow Road is a renovated, 19-unit multifamily investment opportunity located in Long Beach, one of the premier housing markets in Southern California. Specifically, the property is in the historic neighborhood of California Heights and directly adjacent to the vibrant Bixby Knolls district. Fully renovated in 2017-2018, the property offers investors an exceptionally well-appointed building within one of the strongest submarkets in the city. The 14,332 square foot property consists of one-, two-, and three-bedroom floor plans. Originally built in 1960, 1801 East Wardlow Road offers amenities including a communal courtyard, on-site leasing office, custom barbecues, swimming pool, individual garage parking, on-site laundry facilities, controlled access, ceiling fans, hardwood floors, and more.
Location
State CA
County Los Angeles
Area 6 - Bixby, Bixby Knolls, Los Cerritos
Zoning LBR4N
Interior
Fireplace No
Laundry Common Area
Exterior
Garage Spaces 12.0
Garage Description 12.0
Pool Community
Community Features Street Lights, Sidewalks, Pool
Total Parking Spaces 12
Private Pool No
Building
Lot Description Corner Lot, Landscaped
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 7147024024
Energy Description 2375.0
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Financing Cash to Loan
Special Listing Condition Standard
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Bought with Tyler Leeson • Marcus & Millichap RE Invest
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "