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Sold for $2,200,000
  • Listed by: Sage Real Estate Group, Inc. • Cody Charnell • Contact: 562-896-3851
    Bought with: Sage Real Estate Group, Inc.
    $2,200,000

    1360 Euclid Ave, Long Beach, CA 90804

    1beds
    13baths
    4,630sqft
    Multi Family
    Built in 1923
    -- sqft lot
    $2,176,600 Zestimate®
    $475/sqft
    $2,153 Estimated rent

    Home value

    $2,176,600

    $1.96M - $2.42M

    $2,153/mo

    Zestimate® history
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    $2,153/mo

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    $13,960/mo

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    $13,960/mo

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    What's special

    Modern upgradesTimeless architectural appealOriginal floor plans
    **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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Cody Charnell DRE #01950585 562-896-3851,

    Sage Real Estate Group, Inc.

    Bought with:

    Juan Huizar, DRE #01417642

    Sage Real Estate Group, Inc.

    Source: CRMLS,MLS#: PW24249846MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 13
    Heating
    • Wall Furnace
    Appliances
    • Laundry: None
    Features
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 4,630
    • Total interior livable area: 4,630 sqft

    Property

    Parking
    • Parking features: None
    Features
    • Entry location: Courtyard
    • Pool features: None
    Lot
    • Size: 6,503 Square Feet
    • Features: 11-15 Units/Acre
    Details
    • Parcel number: 7253008006
    • Zoning: LBR2N
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1923

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Curbs
    • Subdivision: Eastside (Es)
    Location
    • Region: Long Beach

    Financial & listing details

    • Price per square foot: $475/sqft
    • Date on market: 12/16/2024
    • Cumulative days on market: 129 days
    • Listing terms: Cash,Cash to New Loan,Owner Will Carry,Owner May Carry

    Price history

    DateEventPrice
    5/16/2025Sold$2,200,000-10.2%$475/sqft
    Source: CRMLS #PW24249846 Report a problem
    5/2/2025Pending sale$2,450,000$529/sqft
    Source: CRMLS #PW24249846 Report a problem
    4/24/2025Contingent$2,450,000$529/sqft
    Source: CRMLS #PW24249846 Report a problem
    3/14/2025Price change$2,450,000-7.5%$529/sqft
    Source: CRMLS #PW24249846 Report a problem
    12/16/2024Listed for sale$2,650,000$572/sqft
    Source: CRMLS #PW24249846 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Traffic Circle

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $2,176,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,176,600