$7,250,000
$8,575,000
15.5%For more information regarding the value of a property, please contact us for a free consultation.
0.46 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 OC19120012
Sold Date 10/04/19
HOA Y/N No
Year Built 1965
Lot Size 0.460 Acres
Acres 0.46
Property Description
1805 East Wardlow Road is a renovated, 26-unit multifamily investment property 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 18,557 square foot property consists of one- and two-bedroom floor plans. Originally built in 1965, 1805 East Wardlow Road offers amenities including a communal courtyard, on-site leasing office, custom barbecues, 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
Rooms
Ensuite Laundry Common Area
Interior
Laundry Location Common Area
Fireplace No
Laundry Common Area
Exterior
Garage Spaces 29.0
Garage Description 29.0
Pool None
Community Features Street Lights, Sidewalks
Total Parking Spaces 29
Private Pool No
Building
Lot Description Corner Lot, Landscaped
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 7147024026
Energy Description 3443.0
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! "
Scott Greenspan
Broker Owner