$599,000
350 E South
Details
APN 7126001022
Property Type Multifamily
Sub Type Apartment Building
Units 3
Buildings 3
Acreage 0.065
Zoning Assessor
Multifamily | 3 Units
Marketing description
**2 units delivered vacant** Value-add opportunity in North Long Beach. The property features a 2 bed / 1 bath main house with a bonus room currently used as a third bedroom. There are two additional detached studio unitsone in the front and one in the rear (both currently vacant). Property is separately metered with (4) electric meters and (3) gas meters. The property has operated as a triplex for over 30 years and tax records reflect triplex use; however, the current owner has been informed by the City of Long Beach that City records indicate that this is a single-family residence. Seller makes no representations about the legal use of the property. Buyer to independently verify legal use, zoning, and potential paths to legalization. Significant upside for an investor or owner-user willing to navigate the process. Interiors of the front and rear structures recently got new paint and flooring. Middle unit needs TLC.
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