Multi-Family
1246 East 2nd Street
Property Snapshot
Address
1246 East 2ndStreet
Long Beach, CA 90802
Long Beach, CA 90802
Purchase Price
$6,250,000.00
Number of Units
20
% Increase in Rents
Since Closing
Since Closing
5.14%
Projected IRR
16.13%
The property was built in 1954, and is located in the Alamitos Beach neighborhood, just steps from the ocean, a short walk to Downtown, and minutes to Belmont Shores.
The 14,293 square foot property consists of studio, one, two, and three-bedroom floor plans.1246 East 2nd Street offers amenities including communal courtyard, custom barbecue, individual garage parking, an on-site laundry facility, controlled access, storage lockers, and more.