Under contract

Active Under Contract

1701 Park Avenue

Long Beach CA, 90815

$3,100,000


$459.26 per sqft

Under contract

Active Under Contract

6,750 sqft

Condo

Built in 1961

Listed by Tyler Leeson with Marcus & Millichap RE Invest 714-713-9086

1701 Park Avenue, a 9-unit multifamily investment property located in Long Beach, CA. 1701 Park Avenue offers a highly desirable mix consisting exclusively of two-bedroom units and amenities including garage and carport parking, as well as on-site laundry. 1701 Park Avenue is situated in the highly sought-after Park Estates neighborhood of Long Beach. Residents enjoy the property's prime Long Beach location, with an abundance of hot spots within a 1.5-mile radius of the property. The property is within walking distance of numerous major retail centers surrounding the Los Alamitos Traffic Circle. Additionally, the property is situated in close proximity of both California State University, Long Beach and the Timor Rubin VA Medical Center, two major housing and employment drivers for the city. Furthermore, the property's close proximity to Recreation Park and the Alamitos Bay provides residents with easy access to an abundance of recreation and leisure activities. The property's ideal Long Beach location surrounded by an abundance of recreational, educational, and retail amenities are a primary draw for potential renters. This overall demand for well-located rental units will be a key driver in the continued growth and success at 1701 Park Avenue.

OC24151346

MLS ID

July 23, 2024

Listed

September 9, 2024

Updated

Map

1701 Park Avenue
Long Beach CA, 90815

Interior Features

Total Stories

2


Laundry Description

Common Area


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.2 Acres


Lot Features

Street Level


Sewer

Public Sewer

Other Property Details

Area Name

3 - Eastside, Circle Area


Days on Market

48


Garage

Yes


Garage Spaces

3


Parking Total

4


View

No


County

Los Angeles


Water Source

Public


Pool

No


Pool Features

None


Zoning

LBR4R

Listing History

Date

Event

Price

9/9/2024

Under contract

Listing Contact: 949-419-3200 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 9/9/2024. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 9/9/2024 at 9:29 PM UTC

 

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