Property Detail - MLS#P636247

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20 Bay Shore Avenue
Long Beach, CA 90803

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Beds:

Baths:

SqFt:

6,521

Price:

$2,700,000

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Description

This offering is a 9 unit apartment complex in the highly desirable beach community of Belmont Shores, California. Several of the units have ocean views. This is a must see opportunity.

Home Facts

Bedrooms: 0
Full Bathrooms: 0
Half Bathrooms: 0
Living Area: 6,521
Lot Size: --
Type: Multi-Family Home
County: LOS ANGELES
Year Built: 1946
Status: Active
Subdivision: --
Area: --

Interior Features

Accessibility Features: Disability Access: None
Sqft Source: Square Foot Source: Assessor
Disclosures: ADA Compliance
Electric: Electric Meter: 9

Exterior Features

Construction: Exterior Construction: Stucco
Garage/Parking: Number of Parking Spaces: 9
Lot: Lot: 7, Fee for Land Lease
Style: Style: Colonial
Building: Buildings: 2, Vacancy Percent: 3
Entry: Entry Locaton: Ground Level w/steps
Location: Cross Street: Pacific Coast Highway

Community Features

Utilities: Water Meters: 9, Gas Meter: 9
Community Details: Builder Tract Name: Belmont Shore
Financial: Operating Expenses: 44375, Maintenance Expense: 4000, Gross Monthly Income: 15025, Annual Gross Rent: 180300, Gross Operating Income: 181061, Other Income: 6360, Gross Scheduled Income: 186660, Annual Gross Income: 186660, Income Gross Multiplier: 14.46, Operating Income: 136686, Assessment: Belmont Shore/, Price Per Sqft: 414.05, Insurance Expense: 3150, Gardener Expense: 675, Tax Expense: 29138, Management Expense: 5100, Trash Expense: 300, Annual Vacancy Expense: 3, Electric Exense: 2012

School Information

This Multi-Family Home located at 20 Bay Shore Avenue, Long Beach CA 90803 is currently for sale. 20 Bay Shore Avenue is in the 90803 ZIP code in Long Beach, CA. This property is listed by Gordon Reese of Marcus & Millichap for $2,700,000. 20 Bay Shore Avenue has 0 beds, 0 baths, approximately 6,521 square feet, and was built in 1946. Dig deeper into Long Beach CA real estate, search 90803 homes for sale or get details on the home value for 20 Bay Shore Avenue, Long Beach CA 90803.

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Listing information courtesy of: Marcus & Millichap
Agent: Gordon Reese

© Copyright 2008, SoCalMLS®, © Copyright 2008, CRISNet Regional MLS®.
The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the SoCalMLS and/or CRISNet Regional MLS.
This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. If a listing displays "Short Sale/Subj to Lender Approval**" then that listing has been identified by the seller and the listing broker as a "short sale". This means that, at the listed price, the proceeds from the sale may not be adequate to pay all liens and costs of sale. Any offer made that does not fully cover the existing amount(s) owed to the lienholders(s) plus the costs of sale could be subject to lienholder approval, which approval may be exercised at the sole and exclusive discretion of the lienholder(s).
Data last updated: 10/14/2008.

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