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

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    4635 Bellflower Boulevard, Long Beach, CA 90808
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    • MLS#: PW25028496 ( Multi-Family )
    • Street Address: 4635 Bellflower Boulevard
    • Viewed: 5
    • Price: $2,625,000
    • Price sqft: $0
    • Waterfront: No
    • Year Built: 1961
    • Bldg sqft: 0
    • Days On Market: 17
    • Additional Information
    • County: LOS ANGELES
    • City: Long Beach
    • Zipcode: 90808
    • Subdivision: Lakewood Village (lkvl)
    • Provided by: Coldwell Banker Commercial
    • Contact: George George
    • California Regional MLS IDX
    • DMCA Notice
    • Description
      We are pleased to present an 8 unit apartment building in Long Beach, California. Built in 1961, this property offers 6,300 rentable square feet on a 7,210 square foot lot. The unit mix includes four 1 bedroom/1 bathroom units and four 2 bedroom/1 bathroom units. All eight units have been upgraded, and the entire building features copper plumbing. Additional improvements include a new roof installed in 2022 and updated electrical panels replaced in 2023. The property is separately metered for electricity and gas, with additional income generated from an onsite laundry facility. Residents also benefit from eight dedicated parking spaces. Situated in the desirable Lakewood Village neighborhood, the property is conveniently located near shopping, dining, Long Beach City College, California State University Long Beach, and Long Beach Airport. Long Beach is undergoing significant redevelopment, with the $4.4 billion expansion of the Long Beach Port expected to create 14,000 new permanent jobs in Southern California. Additionally, the city is experiencing a construction boom, with over $5 billion in private and public investments currently in progress. The new $520 million Long Beach Civic Center now houses City Hall, the Port of Long Beach headquarters, and the Main Library. With its strong economy, high quality of life, and ongoing revitalization, Long Beach remains an attractive rental market. This property boasts a history of high occupancy and offers significant upside potential for rental income.
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    Features
    Property Type
    1. Multi-Family
    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