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1217 E Second, Long Beach, CA 90802

$2,250,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • Updated 5 days ago
1217 E Second, Long Beach, CA 90802 View this property at 1217 E Second, Long Beach, CA 90802
1217 E Second Long Beach CA 90802

Property Description

Prime Historic Alamitos Beach Estate Income Property offered for the first time in 75 years (the present owner's family built it). Includes two spacious classic homes on East Second Street (1217 and 1219 East Second), and also includes commercial and residential income property on the Broadway side (1216-1222 East Broadway), that include three stores plus four apartments above. Entire property is separately metered, and the current rents are all very low. -- 1217 East Second Street is a Two Bedroom and Den, Two Bathroom Large Classic Cal Bungalow with a side Driveway to Garage. 1219 East Second Street is a Two Bedroom One Bathroom Classic Cal Bungalow. This large lot then flows through to Broadway, where there are three
high visibility commercial storefronts (1216, 1218, and 1222 East Broadway) and four residential apartments above (1220 East Broadway 1-4) that are two One Bedroom Apartments and two Studios. Rents are very low, and all units are separately metered.

Full Property Details for 1217 E Second

  • Price: $2,250,000
  • Status: Active
  • Type: Multi-Family
  • MLS ID: PW16755239
  • Updated: 12/2/2016
  • Added: 8 day(s) ago

Property History

  • 1217 E Second, Long Beach, CA
  • Listed at $2,250,000 on 11/30/16

Additional Information

  • Pool Description: None

Parking

  • Garage Spaces: 1

Location

  • Area: 4 - Downtown Area, Alamitos Beach
  • County: Los Angeles
  • Development Name: 4 - Downtown Area, Alamitos Beach
  • Driving Directions: Located East of Orange Avenue on Second Street; lot goes all the way though to Broadway

Utilities

  • Water: Public
  • # Water Meters: 2
  • # Gas Meters: 7
  • # Electric Meters: 10

Structural Information

  • Stories/Levels: Two
  • Stories Description: Two
  • Square Feet: 6,152
  • Year Built: 1906

Unit Information

Unit 1

  • Number of Units: 1
  • Total Bathrooms: 2
  • Bedrooms: 2

Unit 2

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 3

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 4

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 5

  • Number of Units: 1
  • Total Bathrooms: 1

Unit 6

  • Number of Units: 1
  • Total Bathrooms: 1

Unit 7

  • Number of Units: 1

Unit 8

  • Number of Units: 1

Unit 9

  • Number of Units: 1

Lot Features

  • Lot Size (Acres): 0.18
  • Lot Size Source: Assessor
  • Zoning: LBR4R
  • Lot Description: Level with Street, Near Public Transit

Financial Considerations

  • Price Per Sq. Ft.: $365.73

Listed by Broadmoor Realty, Inc., Michael Robinson and Gwen Kelly

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Estimate the Cost

1217 E Second will cost you if you:

  • Buy it at list price: $
  • Put down a % down payment : $
  • Pay at a interest rate over

  • Pay $ per year in insurance and $ per year in property taxes.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

In the Community

Nearby Schools

1217 E Second, Long Beach, CA 90802 (MLS# PW16755239) is a Multi-Family property with 9 units containing 0 bedrooms and 0 full bathrooms. 1217 E Second is currently listed for $2,250,000 and was received on November 30, 2016. Want to learn more about 1217 E Second? Do you have questions about finding other Multi-Family real estate for sale in Long Beach? You can browse all Long Beach real estate or contact a Coldwell Banker agent to request more information.

Listed by Broadmoor Realty, Inc., Michael Robinson and Gwen Kelly

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