1075 Obispo Avenue, Long Beach

$2,795,000

2 Beds
1 Baths
6,750 Sqft
6,534 Lot Sqft
4 Garages

We are pleased to announce the sale of 1075 Obispo a 9-unit apartment community located in Long Beach, California. This property provides the right
investor an opportunity to acquire a turnkey asset that has had extensive repairs and renovations performed within the last year.
Renovated in 2020 and built in 1963, 1075 Obispo is a two story, 9-unit apartment community with parking garages. It comprises all 2 / 1.0 floor plans with an average size of 750 square feet for a total rentable building area of 6,750 square feet.

EXTENSIVE RENOVATIONS BY THE CURRENT OWNER
The current owner has invested extensively in renovating
the interiors of the units, adding quartz countertops, waterproof vinyl
flooring, stainless steel appliances, modern style white cabinets with
soft close, ceiling fans, new paint, and fully upgraded bathrooms with
tile shower enclosures.

VERY WALKABLE WITH AN 88 WALKSCORE
The community features a high Walk Score of 88 meaning its very walkable
and most errands can be done on foot. It is within walking distance to
numerous grocery stores, restaurants, coffee shops, bars, and parks.

Essential Information
MLS® #OC21011150
Price$2,795,000
Bedrooms2
Bathrooms1.00
Square Footage6,750
Lot Sqft6,534
Acres0.15
Year Built1963
TypeResidential Income
StatusActive
No of Units9
Community Information
Address1075 Obispo Avenue
AreaEastside, Circle Area (3)
SubdivisionOther (OTHR)
CityLong Beach
CountyLos Angeles
StateCA
Zip Code90804
Amenities
Parking Spaces8
# of Garages4
Interior
# of Stories2
Exterior
Lot Description11-15 Units/Acre
Additional Information
Date ListedJanuary 18th, 2021
Days on Market37
Listing Details
AgentMike Marcu(00919594)
OfficeMike Marcu, Broker
LISTING MAP

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Based on information from California Regional Multiple Listing Service, Inc. as of February 25th, 2021 at 4:56am PST. 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, 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.

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