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1711 E Ocean Boulevard
Long Beach, CA 90802

$4,499,000 Price reduced from $4,595,000 (-$96,000)
  • -- Beds
  • -- Baths
  • 7,898 sqft
  • Residential Income
  • Active
1711 E Ocean Boulevard, Long Beach - 511492580
1711 E Ocean Boulevard, Long Beach - 511492581
1711 E Ocean Boulevard, Long Beach - 511492582
1711 E Ocean Boulevard, Long Beach - 511492583
1711 E Ocean Boulevard, Long Beach - 511492584
1711 E Ocean Boulevard, Long Beach - 511492585
1711 E Ocean Boulevard, Long Beach - 511492586
1711 E Ocean Boulevard, Long Beach - 511492587
1711 E Ocean Boulevard, Long Beach - 511492588
1711 E Ocean Boulevard, Long Beach - 511492589

Property Description for 1711 E Ocean Boulevard, Long Beach CA 90802

1711 East Ocean Boulevard is a partially renovated 14-unit apartment building just steps from the sand in Long Beach, California. This property’s excellent condition and coveted location just across Ocean Boulevard from the beach make it an excellent investment opportunity with substantial potential upside in rents. The offering consists of a 14-unit apartment building with 11 one-bedroom and three studio units that are separately metered for gas and electricity. Many of the units have been renovated and boast hardwood flooring, new windows, new bathrooms, and new kitchens with modern cabinetry, stainless steel appliances and granite countertops. The property also features shared laundry, copper plumbing and attractive landscaping. In addition to being just a short walk from the water, 1711 East Ocean Boulevard is well-located near Bixby Park and offers convenient access to the numerous popular dining, shopping and entertainment options available in both Downtown Long Beach and Belmont Shore. Long Beach has been experiencing rapid redevelopment in recent years, with billions of dollars worth of private and public developments currently underway. 1711 East Ocean Boulevard is located in the Alamitos Beach neighborhood, a particularly dense rental submarket in Long Beach with historically low vacancy rates.

  • Property Class: Residential Income
  • Listing Status: Active
  • City: Long Beach
  • State: CA
  • Zip: 90802
  • Area: 4 - Downtown Area / Alamitos Beach
  • County: Los Angeles
  • Class: Residential Income
  • Stories: 2
  • Baths (F/H): -- / --
  • Baths Partial: 0
  • Living Area (SqFt): 7,898 sqft
  • Lot Sq Ft Apx: 8269.00
  • Year Built: 1921
  • Listing#: PW18063544
  • Parcel Number: 7265018039
  • List Date: 3/19/2018
  • Last updated on: 5/23/2018

Property Features for 1711 E Ocean Boulevard, Long Beach CA 90802

  • Year Built: 1921
  • Community Features: Suburban
  • Zoning: LBR4R
  • Lot Desc: Lot Shape-Rectangular
  • Pool: None

Additional Information for 1711 E Ocean Boulevard, Long Beach CA 90802

  • Expenses: 93835.00
  • Gross Building Area: 7898.00
  • Net Income: 126161.00
  • Subdivision: Alamitos Beach (Ab)
Courtesy of Steven Bogoyevac, Steven M. Bogoyevac, Broker
Copyright 2018, California Regional Multiple Listing Service, Inc.. All Rights Reserved.
Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.