Long Beach, CA 90802 358 Orange Avenue

We are pleased to present this great opportunity to own a trophy property in Alamitos Beach. Situated less than half a mile to the water with a WalkScore of 93, you are minutes to Downtown Long Beach, Second Street, East Village Arts District, and more! All 4 units are large 2 bedroom, 1 bathroom units with all of the Spanish-style charm one could desire. The property is fully leased with a true cap. rate of 4.54% and GRM of 14.32. Upgrades include submetered electrical panels and gas meters, complete electrical re-wire, retrofitted for earthquake with a strapped foundation, upgraded copper plumbing, community laundry, and closed circuit security cameras. As an added bonus, there is a large, clean, and walkable basement offering additional storage. With this fantastic combination of location, unit mix, upgrades, and curb appeal, this property comprises a truly unique investment opportunity.