MLS® ID: PW19030123

2040 W Wardlow Road

Long Beach, California, 90810

$2,895,000 Active
  • - SQFT
We are pleased to present a 12-unit apartment building located at 2040 Wardlow Road in Long Beach, California. Built in 1964, the subject property consists of 9,499 rentable square feet spread throughout a 8,684 square foot lot. The building consists of all 2-bedroom / 1-bathroom units. Tenants have convenient access to freeways as well as many shops and restaurants. The property features an onsite laundry room for tenants’ convenience. Owners enjoy the high demand for rentals in a coastal city of Southern California. The city of Long Beach continues to progress forward and is currently experiencing major redevelopment. The Long Beach port is undergoing $4.4 billion in future redevelopment that will create 14,000 new and permanent jobs in Southern California. The $495 million Long Beach Courthouse was recently completed and opened in September 2013. Long Beach sustains its ability to attract renters due to its strong economy and quality of life. This is an excellent opportunity to acquire a quality asset in a great location with true rental upside and stable return.
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Listing courtesy of Marcus & Millichap

Amenities

  • Full baths
    0
  • Half baths
    0
  • Zip
    90810
  • Office name
    Marcus & Millichap
  • SQFT
    0
  • Bedrooms
    0
  • Zoning type
    LBR1N
  • Year built
    1964
  • Lot size
    8684.00
  • Sewer
    Septic Type Unknown
  • Tax year
    0
  • Agent name
    Kevin King
  • Tax amount
    $ 0.0
  • Purchase Type
    Active
  • Price Range
    $2m+
  • Square Feet Range
    < 1000 sq ft.
  • Year Built Range
    1989 (and earlier)
  • Office ID
    PB12429
  • Agent ID
    PKEVKING

Location

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