$2,599,999

928 Long Beach Blvd, Long Beach 90813

12,532

Lot Size

Listing Agent
Benny Huynh - Advance Estate Realty

Introducing 928 Long Beach Blvd: A Remarkable Downtown Long Beach Investment located in the Opportunity Zone where there are many benefits from the city as an investor. A meticulously crafted twelve-unit apartment complex that beckons astute investors and visionary minds. Encompassing a sprawling 12,537 square foot parcel, with an impressive 6,793 square feet of thoughtfully designed of rentable space, long term tenants, fresh landscaping, room for rent increase, prime location of down-town Long Beach, consist of 2 separate parcels that makes it an amazing opportunity ready for a developer or a builder to start right away. This property enjoys proximity to an array of urban conveniences. A dynamic rental market, coupled with easy access to amenities, entertainment, freeways, and transportation hubs. Additionally, it is located in an Opportunity Zone designation, a new tax saving strategy for long term real estate investor. It allows the investor to defer capital gain tax and eventually eliminates capital gains tax.

Facts & Features

MLS® # OC24076227
Price $2,599,999
Bathrooms 0.00
Lot Size 12,532
Type Commercial Sale
Sub-Type Mixed Use
Status Active
# Of Units 12

Community Information

Address 928 Long Beach Blvd
Area 7 - North Long Beach
City Long Beach
County Los Angeles
Zip Code 90813

Amenities

Is Waterfront No
Has Pool No

Interior

Has Basement No
Fireplace No
# of Stories 1

Exterior

Lot Description 0-1 Unit/Acre

Additional Information

Date Listed April 16th, 2024
Days on Market 14
Zoning LBPD29. Opportunity zone
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentBenny Huynh
OfficeAdvance Estate Realty

Listing Map

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