1534 Grand Ave, Long Beach, CA 90804

Property Description

1534 Grand Avenue is a unique and outstanding 8-unit investment opportunity in a prime Eastside Long Beach location below the traffic circle. The offering consists of two 4-unit buildings with spacious units on manicured grounds. (APN 7253-013-051 is called Granada and is this listing, 7253-013-052 is called Vista and is a separate MLS listing PW19267328 -- each are priced the same and the owner wishes to sell them together). These are two of the four 4-unit buildings in the PUD that have a gated pool area and lawns separating them (the other two buildings to the south are each owned separately). The long-time owner residents have taken great care of the property. The units and common areas are in excellent condition. The 2bd/2ba unit is two-story and has a balcony, enclosed patio, fireplace and laundry closet. There’s one extra-large 1-bd unit upstairs with two more nice 1-bd units (one up with a fireplace and one down). Featuring copper plumbing (from the meters in), 4 attached garages per building (with washer/dryer hookups and storage) and 8 additional off-street parking places. 1534 Grand Ave has a common area pool, a tranquil atmosphere and easy access to freeways, shopping, CSULB, Belmont Shore and Downtown LB – all attractive to east Long Beach’s strong renter base. Tenants appreciate the condo like environment and the units are easy to rent because this is a great place to call home (or your investment property!).