Address
311 Junipero Avenue Long Beach, CA
Price
$ 6,000,000
Property Attributes
  • MLS#PW21194727
  • TypePending
  • CountyLOS ANGELES
  • CityLong Beach
  • AreaBelmont Shore-Park - Naples - Marina Pac - Bay Hrb
  • NeighborhoodBelmont Park
  • Zip90814
  • Style
  • Price$ 6,000,000
  • Bedrooms22
  • Full Bathrooms16
  • Half Bathrooms0
  • Sqr Footage11316
  • Lot Size6,502 SqFt
Listing Provided Courtesy Of:
Kevin King with Marcus & Millichap - 562-257-1200
Data Source:
California Regional MLS (CRMLS) - 25 - CA
Property Description

We are pleased to present a 16-unit multifamily property located at 311-315 Junipero Avenue located in Long Beach, CA. Built in 1954, the subject property consists of 11,316 rentable square feet spread throughout a 13,000 square foot lot. The building consists of ten 1-bedroom / 1-bathroom units, and six 2-bedroom / 1 -bathroom unit. It contains eight garages and a communal patio for tenants. The units were fully renovated and re-imagined, including creative amenities such as new kitchens & bathrooms, vinyl floors, and open living areas. The layout for each unit was redesigned to maximize living space, emphasize natural light, and to accentuate modern architectural elements. Tenants enjoy living between Downtown Long Beach and Belmont Shore, a short distance to local beaches, California State University of Long Beach, as well as shopping, restaurants, and nightlife. 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 city is undergoing a building boom with more than $5 billion in private and public investments in various stages of development. The new $520 million Long Beach Civic Center development will house a new City Hall, Port of Long Beach headquarters and the Main Library. Long Beach sustains its ability to attract renters due to its strong economy and quality of life.

Price History
9/7/2021 Listed $6,000,000

General Features

Community Features Curbs, Sidewalks
Listing Agent Kevin King - BRE#01158184
Listing Agent State License 01158184
MLS Area 1 - Belmont Shore/Park, Naples, Marina Pac, Bay Hrbr
Pool Features None
Property Attached Y/N Yes
Property Type Residential Income
Senior Community Y/N No
Sewer Public Sewer
Special Listing Conditions Standard
Status Pending
Subdivision Name Belmont Park (BP)
Terms Cash, Cash to New Loan, 1031 Exchange
Total Units 16
Water Sewer Expense 1459
Zoning LBR1N

Interior Features

Common Walls 2+ Common Walls
Laundry Features None

Exterior Features

Lot Features 16-20 Units/Acre
Lot Size Acres 0.15
Lot Size Area 6502
Lot Size Source Assessor
Lot Size Square Feet 6502
Lot Size Units Square Feet
Number of Buildings 2
Number of Separate Electric Meters 16
Number of Separate Gas Meters 16
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 90814

Price
AVG $1.43M
$6M
Visits
AVG 73
43
Year Built
AVG 1951
1962
Walkscore
AVG 82
94
Data Provided by Walkscore ® not using MLS data

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