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

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    1360 Euclid Avenue, Long Beach, CA 90804
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    1360 Euclid Avenue
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    • MLS#: PW24249846 ( Apartment )
    • Street Address: 1360 Euclid Avenue
    • Viewed: 1
    • Price: $2,650,000
    • Price sqft: $0
    • Waterfront: No
    • Year Built: 1923
    • Bldg sqft: 0
    • Days On Market: 7
    • Additional Information
    • County: LOS ANGELES
    • City: Long Beach
    • Zipcode: 90804
    • Subdivision: Eastside (es)
    • Provided by: Sage Real Estate
    • Contact: Cody Cody
    • California Regional MLS IDX
    • DMCA Notice
    • Description
      **SELLER FINANCING AVAILABLE**Discover this charming Spanish style 13 unit apartment building nestled in the heart of Long Beachs vibrant East Side neighborhood. Combining timeless architectural appeal with modern upgrades, this property presents an exceptional opportunity for investors seeking a value add asset with significant income potential. With a remarkable 35% upside in rents, a new owner can unlock tremendous cash flow while capitalizing on the extensive improvements already completed. Improvements include the installation of 13 new wall heaters (1990), a full repipe of gas lines (1998), a complete replacement of water supply lines (2006),14 new electric meters (1990), double pane vinyl windows throughout (2017), new 100 gallon water heater (2022), and all ABS plastic drain lines. The original floor plans also offer an opportunity for reconfiguration to unlock even more rental income potential. This reconfiguration has already been completed on unit #10. Seller financing is available for qualified buyers.
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    Features
    Building Area Total
    1. 4630.00
    Commoninterest
    1. Community Apartment
    Common Walls
    1. 2+ Common Walls
    Country
    1. US
    Electric Expense
    1. 0.00
    Entry Location
    1. Courtyard
    Fuel Expense
    1. 0.00
    Garage Spaces
    1. 0.00
    Heating
    1. Wall Furnace
    Insurance Expense
    1. 0.00
    Laundry Features
    1. None
    Lockboxtype
    1. None
    Lot Features
    1. 11-15 Units/Acre
    Netoperatingincome
    1. 93629.00
    Number Of Separate Electric Meters
    1. 14
    Parcel Number
    1. 7253008006
    Parking Features
    1. None
    Pool Features
    1. None
    Postalcodeplus4
    1. 2913
    Professionalmanagementexpense
    1. 0.00
    Property Type
    1. Apartment
    Sewer
    1. Public Sewer
    Sourcesystemid
    1. CRM
    Sourcesystemkey
    1. 428748180:CRM
    Subdivision Name Other
    1. Eastside (ES)
    Totalexpenses
    1. 80073.00
    Trash Expense
    1. 0.00
    Uncovered Spaces
    1. 0.00
    Vacancyallowance
    1. 9177
    Water Sewer Expense
    1. 0.00
    Water Source
    1. Public
    Year Built
    1. 1923
    Year Built Source
    1. Assessor
    Zoning
    1. LBR2N
    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