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Property view

1360 Euclid Avenue, 
Long Beach, CA 90804

$2,200,000


Bed


Bath


-

Sq Ft


Multi-Family

Sold

Listed by

Cody Charnell

Sage Real Estate Group, Inc.

MLS#

PW24249846

Source:

SANDICOR

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About This Home

1360 Euclid Avenue

**SELLER FINANCING AVAILABLE**Discover this charming Spanish-style 13-unit apartment building nestled in the heart of Long Beachs vibrant East Side neighborhood. Combining timeless architectural appeal with modern upgrades, this property presents an exceptional opportunity for investors seeking a value-add asset with significant income potential. With a remarkable 35% upside in rents, a new owner can unlock tremendous cash flow while capitalizing on the extensive improvements already completed. Improvements include the installation of 13 new wall heaters (1990), a full repipe of gas lines (1998), a complete replacement of water supply lines (2006),14 new electric meters (1990), double-pane vinyl windows throughout (2017), new 100 gallon water heater (2022), and all ABS plastic drain lines. The original floor plans also offer an opportunity for reconfiguration to unlock even more rental income potential. This reconfiguration has already been completed on unit #10. Seller financing is available for qualified buyers. Seller's will consider carrying financing with 25% down, 5% interest rate, and up to a 10 year loan term. Financing terms are dependent on offer price.

Home Facts

Multi-Family

Price Summary

2,450,000

MLS #:

PW24249846

Sold:

May 16, 2025


Lot

Lot Size (Sq. Ft):

6,503


Finances & Disclosures

Finances

Price:

$2,450,000

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