In Escrow

1360 Euclid Ave

Long Beach, CA 90804

**SELLER FINANCING AVAILABLE**Discover this charming Spanish-style 13-unit apartment building nestled in the heart of Long Beach s vibrant East Side neighborhood.

Sales Price $2,450,000

Long Beach Apartment

Beds

1

Baths

2

Home Size

4630 Sq. Ft.

Lot Size

6503 Sq. Ft.

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**SELLER FINANCING AVAILABLE**Discover this charming Spanish-style 13-unit apartment building nestled in the heart of Long Beach s 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.

This home located at 1360 Euclid AVE is currently pending and has been available on pardeeproperties.com for 129 days. This property is listed at $2,450,000. It has 1 beds and 2 bathrooms. The property was built in 1923. 1360 Euclid AVE is in the Eastside, Circle Area community of Los Angeles County.

Quick Facts

  • 129 days on market
  • Built in 1923
  • Total parking spaces 0Car
  • None
  • Apartment
  • Community | Eastside, Circle Area
  • MLS# | PW24249846MR

Features

  • Wall Heat
Connect with an agent
Listed By Cody Charnell · Sage Real Estate Group, Inc.

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