316 W 12th St, Long Beach, CA 90813

Property Description

Multi-family investment property in Alamitos Beach neighborhood, downtown Long Beach. Charming Craftsman style 4 unit quadruplex building. Live in one and rent the other units. Each apartment comprises 1 bedroom and 1 bathroom. There are two buildings in a U-shape with a common brick courtyard patio perfect for entertaining in the summer. Building 1 of 2 is 1024 SQ FT and building 2 of 2 is 920 SQ FT for at total of 1944 SQ FT of living space on a 3496 SQ FT lot. Some renovations are happening in the one vacant unit. This historic part of downtown Long Beach is known for its vibrant night life. The neighborhood was laid out in the 1920's and many buildings date back to that era. This building is part of the historic district and the present owners have restored many details to their original condition. The property features a new roof, new wall heaters, electrical panels, wiring and plumbing in the units. The outside was recently painted and the colors were specifically chosen as they meet the requirements of the historical society. The exterior doors were replaced and security doors were added. Don't miss out on the opportunity to own an investment property at this price.