Long Beach, CA 90802 1135 E Appleton Street
$2,695,000
4 more
Presented By: Louis Mannone with Realty One Group West; 714-906-8571
Beds • 4
Baths • 1
SQFT • 7,045
Garage • 5
Year Built • 1953
Home Details
Property just recently completed the process of upgrading the existing 11 meters. Installing 11 new electric panels in outside cabinet & installing a new 400amp main disconnect switch supplying power to 10 existing apartment units. Nearly $92K was spent on this upgrade. Spacious 10 unit building with 5 garages in a prime location of Long Beach. Enjoy an attractive unit mix of (2) 2bd/1ba & (8) 1bd/1ba units. Units are very spacious with a total of 7,045 sqft. Tenants enjoy on-site Laundry & large grass yard at the front and also at the side of the building. The building is located in a very desirable area near both Belmont shores and close to Shoreline Village, The Pike Outlets, and downtown giving you great access to restaurants, shopping, near the ocean and beaches, and close to many freeways, the Long Beach airport, CSLB, and more.
Presented By: Louis Mannone with Realty One Group West; 714-906-8571
Interior Features for 1135 E Appleton Street
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsNoCommonWalls
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesCommonArea
Total Stories2
Other Rooms
Entry Level1
General for 1135 E Appleton Street
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityLong Beach
Community FeaturesSidewalks
CountyLos Angeles
DirectionsNW Broadway & Orange
Electric Expense385.0
Electric On Property Y/NNo
Entry Locationground level with steps
Fuel Expense0.0
Garage Spaces5.0
Garage Y/NYes
Gross Income223763.0
HOANo
HOA Fee$0.0
Home Warranty Y/NNo
Insurance Expense3900.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCash, CashToNewLoan, Submit
Lot Size Square Feet8224.0
Lot Size UnitsSquareFeet
MLS Area4 - Downtown Area, Alamitos Beach
MobileHomeRemainsYNNo
Net Operating Income138733.0
New ConstructionNo
Number Of Units Total10
Number of Units Leased9
Operating Expense85030.0
Pool FeaturesNone
Property Attached Y/NNo
Property Sub Type AdditionalMixedUse
Property SubtypeMixedUse
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsTrust
Standard StatusActive
StatusActive
Stories2
Subdivision NameAlamitos Beach (AB)
Tax Lot14
Taxes$36,655
Tenant PaysAllUtilities
Total Actual Rent17975.0
Trash Expense0.0
Water Sewer Expense5017.0
Waterfront Y/NNo
Year Built1953
Year Built SourceAssessor
ZoningLBR3S
Exterior for 1135 E Appleton Street
Building Area Total7045.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesZeroToOneUnitAcre
Lot Size Acres0.1888
Lot Size Area8224.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters11
Number of Separate Gas Meters11
Number of Separate Water Meters1
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking5.0
Water SourcePublic
Additional Details
Price History
Keegan Cin
Team Lead
Price
$2,695,000
MLS#PW25016965
List Date
01/24/2025
Property Type
Multi-Family
Phone
(310) 963-5595
