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Listed by: Christopher Walker (714) 801-0173 DRE #01905338 | Triqor Group (949) 756-3232
$2,795,000
3 Beds
- 2 Baths
3,598sqft
5711 E 2Nd, Long Beach, CA 90803
$2,795,000
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Apartment
Built in 1952
$-- HOA
3,671 sqft lot
$777/sq.ft
Description
We are proud to present 5711 East 2nd Street, a boutique 8-unit multifamily property in the heart of Naples Island, one of Long Beach’s most exclusive waterfront enclaves and among the most supply-constrained residential submarkets in Southern California. Offered at $2,795,000, or $349,375 per unit, the asset pairs in-place cash flow with meaningful rental upside in a community defined by scarcity: a fully built-out cluster of canal-ringed islands where new multifamily supply is effectively nonexistent and renter demand is anchored by an irreplaceable waterfront lifestyle. The property sits on the 2nd Street corridor at Ravenna Drive, steps from the Naples canals and Alam...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1952
HOA Fees
-
Finished Area
3,598 sqft
Lot Size
3,671 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
PW26180111
MLS Status
Active
Days on Market
7
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