Silva Babaian  Realtor, Real Estate Agent, Granada Hills, CA

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    1237 1st Street, Long Beach, CA 90802
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    • MLS#: PW24227280 ( Apartment )
    • Street Address: 1237 1st Street
    • Viewed: 12
    • Price: $6,850,000
    • Price sqft: $0
    • Waterfront: No
    • Year Built: 2023
    • Bldg sqft: 0
    • Days On Market: 46
    • Additional Information
    • County: LOS ANGELES
    • City: Long Beach
    • Zipcode: 90802
    • Subdivision: Alamitos Beach (ab)
    • Provided by: Sage Real Estate
    • Contact: Juan Juan
    • California Regional MLS IDX
    • DMCA Notice
    • Description
      This property is an 18 unit, fully stabilized, and turnkey apartment complex located in the sought after Alamitos Beach area. The property has seen an investment of over $1,165,000 and has undergone a complete renovation, down to the studs. The entire building was rebuilt, including new floors, windows, interiors, exterior stucco, plumbing, electrical and mechanical systems, and more. Each unit was completely remodeled with high end finishes. The renovations led by an interior designer, include features such as recessed and custom lighting, brand new kitchens and bathrooms, stainless steel appliances, and in unit washers and dryers.
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    Features
    Association Fee
    1. 0.00
    Building Area Total
    1. 8319.00
    Commoninterest
    1. Community Apartment
    Common Walls
    1. No Common Walls
    Cooling
    1. None
    Country
    1. US
    Electric Expense
    1. 2171.00
    Fuel Expense
    1. 0.00
    Garage Spaces
    1. 0.00
    Gardner Expense
    1. 1200.00
    Heating
    1. Wall Furnace
    Insurance Expense
    1. 8790.00
    Laundry Features
    1. Inside
    Levels
    1. Two
    Lockboxtype
    1. None
    Lot Features
    1. 16-20 Units/Acre
    Netoperatingincome
    1. 344236.00
    Newtaxesexpense
    1. 84611.00
    Number Of Separate Electric Meters
    1. 19
    Number Of Separate Gas Meters
    1. 19
    Otherexpense
    1. 11088.00
    Otherexpensedescription
    1. onsite
    Otherincome1
    1. 1260.00
    Otherincome2
    1. 4800.00
    Parcel Number
    1. 7265011019
    Pest Control Expense
    1. 912.00
    Pool Features
    1. None
    Professionalmanagementexpense
    1. 19271.00
    Property Type
    1. Apartment
    Sewer
    1. Public Sewer
    Sourcesystemid
    1. CRM
    Sourcesystemkey
    1. 426627397:CRM
    Subdivision Name Other
    1. Alamitos Beach (AB)
    Taxblock
    1. 63
    Totalexpenses
    1. 137544.00
    Trash Expense
    1. 2000.00
    Views
    1. 12
    Water Sewer Expense
    1. 2000.00
    Water Source
    1. Public
    Year Built
    1. 2023
    Year Built Source
    1. Seller
    Zoning
    1. LBR4R
    Headshot for Associate Silva Babaian
    1. Silva Babaian / Realtor
    2. Coldwell Banker Exclusive
    3. CalBRE Lic # 01365805
    4. Mobile: 818.414.6744
    5. Fax: 818.338.5836