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Real Living Pacific Realty
(800)660-9140

4200 E Anaheim, Long Beach CA, 90804

(Active)
$14,250,000
|
41,712 sqft
|
MLS# PW14133916
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Listing Provided Courtesy Of: Marcus & Millichap
Last Updated: 7/23/2014 5:11 AM
Description for 4200 E Anaheim Long Beach, CA 90804
We are pleased to present 32 luxury condominium units with current white papers located at 4200 E Anaheim in Long Beach, CA. The property is located in a strong rental market just west of the upscale housing community, Park Estates, and prestigious Cal State Long Beach. The 2013 state-of-the-art constructed building consists of approximately 41,712 sq ft on a 32,625 sq ft lot. The 32 unit consist of 6 one-bedroom/one-one-half bath units, 1 one-bedroom/two-bath/den unit, 21 two-bedroom/two-bath/den units, and 4 two-bedroom/two-bath units. While the units are currently rented, the white papers allow a future exit strategy of selling the units individually as condominiums. Amenities within each unit include: stone counters, custom cabinetry, high-end flooring, and washer and dryer. The property also features common area amenities such as a lush landscaped courtyard, recreation/exercise room, large elevator, and semi-subterranean garage containing 69 parking spaces and storage units. This is an extraordinary opportunity to acquire a newly constructed 32-unit luxury condominium building. The highly desirable location of this investment opportunity aligns investors for a successful long term or short term hold and resale as condominiums.
Price
$14,250,000
College Park Estates (Cps)
Los Angeles
41,712 (approx)
PW14133916
Active
Description
We are pleased to present 32 luxury condominium units with current white papers located at 4200 E Anaheim in Long Beach, CA. The property is located in a strong rental market just west of the upscale housing community, Park Estates, and prestigious Cal State Long Beach. The 2013 state-of-the-art constructed building consists of approximately 41,712 sq ft on a 32,625 sq ft lot. The 32 unit consist of 6 one-bedroom/one-one-half bath units, 1 one-bedroom/two-bath/den unit, 21 two-bedroom/two-bath/den units, and 4 two-bedroom/two-bath units. While the units are currently rented, the white papers allow a future exit strategy of selling the units individually as condominiums. Amenities within each unit include: stone counters, custom cabinetry, high-end flooring, and washer and dryer. The property also features common area amenities such as a lush landscaped courtyard, recreation/exercise room, large elevator, and semi-subterranean garage containing 69 parking spaces and storage units. This is an extraordinary opportunity to acquire a newly constructed 32-unit luxury condominium building. The highly desirable location of this investment opportunity aligns investors for a successful long term or short term hold and resale as condominiums.
Listing Information
Property Type: Cluster
0.75 Acres 41,712 (approx) $341.63
2013
College Park Estates (Cps)
32 Total
Neighborhood
Room Information
Exterior / Lot Features
69 Parking Spaces
None
No Pool
Sidewalks
Driving Directions
GoogleMaps
Financial Considerations
7241008001
$909,720 Income ,$315,029Expense
Listing Price History

Long Beach Real Estate

Long Beach is located in California. Long Beach, California 90804 has a population of  462,257.

The median household income in Long Beach, California 90804 is $46,283. The median household income for the surrounding county is $52,874 compared to the national median of $50,935. The median age of people living in Long Beach 90804 is 33.3 years.

Sales History
Tax Info
Listing Provided Courtesy Of: Marcus & Millichap Kevin King
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
Information is deemed reliable but is not guaranteed.

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505441 - Real Living Pacific Realty
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