Long Beach, CA 90804 1635 Obispo Avenue
$2,400,000
7 more
Presented By: Kristina Moore with The Moore Group; 7148097608
- MLS# PW25079116
- 04/14/2025
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
Beds • 16
Baths • 16
SQFT • 6,170
Garage • 14
Home Details
1980'S CONSTRUCTION FULLY GATED BUILDING. PRIME LOCATION WITH ONLY ONE NEIGHBOR! GREAT RENTAL MARKET IN EAST SIDE LONG BEACH. FIRST TIME ON MARKET IN 22 YEARS! PRIDE OF OWNERSHIP! 8 UNITS- ALL 2 BEDROOM/2 BATHROOM! MAJORITY OF UNITS HAVE BEEN FULLY REMODELED WITH NEW KITCHENS, FLOORING AND BATHROOMS. SEPARATLEY METERED FOR GAS AND ELECTRIC. 14 PARING SPACES IN THE GROUND FLOOR REMOTE CONTROL GATED PARKING LOT. ONSITE LAUNDRY ROOM WITH MACHINES OWNED NOT LEASED BRINGING IN ADDITIONAL INCOME. OWNER PAYS WATER ONLY.
Presented By: Kristina Moore with The Moore Group; 7148097608
Interior Features for 1635 Obispo Avenue
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsOneCommonWall
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesLaundryRoom
Total Stories1
Other Rooms
Entry Level1
General for 1635 Obispo Avenue
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityLong Beach
Community FeaturesSuburban
CoolingNone
CountyLos Angeles
Directions16th & Obipso
Electric Expense0.0
Electric On Property Y/NNo
Entry Locationground
Fuel Expense0.0
Garage Spaces14.0
Garage Y/NYes
Gross Income202500.0
HOANo
HeatingWallFurnace
Home Warranty Y/NNo
Insurance Expense0.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsCashToNewLoan
Lot Size Square Feet6503.0
Lot Size UnitsSquareFeet
MLS Area3 - Eastside, Circle Area
MobileHomeRemainsYNNo
Net Operating Income131625.0
New ConstructionNo
Number Of Units Total8
Number of Units Leased9
Operating Expense70875.0
Pool FeaturesNone
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Subdivision NameEastside (ES)
Tax Lot12
Tenant PaysElectricity, Gas, TrashCollection
Total Actual Rent16875.0
Trash Expense0.0
Water Sewer Expense0.0
Waterfront Y/NNo
Year Built1986
Year Built SourceAssessor
ZoningLBR2N
Exterior for 1635 Obispo Avenue
Building Area Total6170.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesSixToTenUnitsAcre
Lot Size Acres0.1493
Lot Size Area6503.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters9
Number of Separate Gas Meters9
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesElectricGate
Private PoolNo
SpaNo
Total Parking14.0
Water SourcePublic
Additional Details
Price History
Hal Schlegel
Broker Associate