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111 Bay Shore Avenue

Long Beach, CA 90803
  • $2,795,000
  • STATUS: ACTIVE
  • ON SITE: 104 Days
  • ID#: PW23105658
UPDATED: 29 min ago
$2,795,000
  • 4
    BEDS
  • 0.08
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

Amazing trophy property and investment opportunity on "The Corner". Now is your chance to own a duplex at the beach with 180-degree views of Alamitos Bay. The property is front row and you can walk out of your extra wide front patio onto the sand. Both units feature 2 bedrooms, 1 full bath, spacious living rooms, and indoor-outdoor living. The upstairs unit has a perfect balcony to take in the views, while the downstairs unit includes bay views from a large brick patio with room for outdoor dining and entertaining. The property is on a lot and a half and plans were previously approved to build two townhomes! Great income producer that has been used as a vacation rental and a long-term rental with the potential for huge returns either way. The duplex features 2 single garages as well as 3 parking places, which is highly desirable in this area. During the summer months the city closes Bayshore street creating a large boardwalk and amazing environment that you have direct access to. One of the units is currently vacant operating as a vacation rental and the other is month to month. Providing a buyer, the maximum flexibility to utilize the property any way they want in the future. The position on the block looks straight down the bay, one of only a few lots on Bayshore with this much frontage and views. This location is a short walk to all the amenities, shopping and restaurants in Belmont shore and Naples! This opportunity has not been offered for 29 years. Amazing trophy property and investment opportunity on "The Corner". Now is your chance to own a duplex at the beach with 180-degree views of Alamitos Bay. The property is front row and you can walk out of your extra wide front patio onto the sand. Both units feature 2 bedrooms, 1 full bath, spacious living rooms, and indoor-outdoor living. The upstairs unit has a perfect balcony to take in the views, while the downstairs unit includes bay views from a large brick patio with room for outdoor dining and entertaining. The property is on a lot and a half and plans were previously approved to build two townhomes! Great income producer that has been used as a vacation rental and a long-term rental with the potential for huge returns either way. The duplex features 2 single garages as well as 3 parking places, which is highly desirable in this area. During the summer months the city closes Bayshore street creating a large boardwalk and amazing environment that you have direct access to. One of the units is currently vacant operating as a vacation rental and the other is month to month. Providing a buyer, the maximum flexibility to utilize the property any way they want in the future. The position on the block looks straight down the bay, one of only a few lots on Bayshore with this much frontage and views. This location is a short walk to all the amenities, shopping and restaurants in Belmont shore and Naples! This opportunity has not been offered for 29 years.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS, Inc. Licensed in the state of California.
www.coastalhomesbytiffany.com/homes/140646520
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111 Bay Shore Avenue Long Beach, CA 90803

  • Price: $2,795,000
  • Status: ACTIVE
  • On Site: 104 Days
  • Updated: 29 min ago
  • ID#: PW23105658
4
Beds
0
Baths
0
½ Baths
0.08
Acres
Neighborhood:
Long Beach (90803)
County:
Los Angeles
Area:
Long Beach (90803)
Property Description
Amazing trophy property and investment opportunity on "The Corner". Now is your chance to own a duplex at the beach with 180-degree views of Alamitos Bay. The property is front row and you can walk out of your extra wide front patio onto the sand. Both units feature 2 bedrooms, 1 full bath, spacious living rooms, and indoor-outdoor living. The upstairs unit has a perfect balcony to take in the views, while the downstairs unit includes bay views from a large brick patio with room for outdoor dining and entertaining. The property is on a lot and a half and plans were previously approved to build two townhomes! Great income producer that has been used as a vacation rental and a long-term rental with the potential for huge returns either way. The duplex features 2 single garages as well as 3 parking places, which is highly desirable in this area. During the summer months the city closes Bayshore street creating a large boardwalk and amazing environment that you have direct access to. One of the units is currently vacant operating as a vacation rental and the other is month to month. Providing a buyer, the maximum flexibility to utilize the property any way they want in the future. The position on the block looks straight down the bay, one of only a few lots on Bayshore with this much frontage and views. This location is a short walk to all the amenities, shopping and restaurants in Belmont shore and Naples! This opportunity has not been offered for 29 years. Amazing trophy property and investment opportunity on "The Corner". Now is your chance to own a duplex at the beach with 180-degree views of Alamitos Bay. The property is front row and you can walk out of your extra wide front patio onto the sand. Both units feature 2 bedrooms, 1 full bath, spacious living rooms, and indoor-outdoor living. The upstairs unit has a perfect balcony to take in the views, while the downstairs unit includes bay views from a large brick patio with room for outdoor dining and entertaining. The property is on a lot and a half and plans were previously approved to build two townhomes! Great income producer that has been used as a vacation rental and a long-term rental with the potential for huge returns either way. The duplex features 2 single garages as well as 3 parking places, which is highly desirable in this area. During the summer months the city closes Bayshore street creating a large boardwalk and amazing environment that you have direct access to. One of the units is currently vacant operating as a vacation rental and the other is month to month. Providing a buyer, the maximum flexibility to utilize the property any way they want in the future. The position on the block looks straight down the bay, one of only a few lots on Bayshore with this much frontage and views. This location is a short walk to all the amenities, shopping and restaurants in Belmont shore and Naples! This opportunity has not been offered for 29 years.
Exterior Features

Pool N/K Site CurbsSidewalks

Interior Features

Cooling N/K Stories 2 Story Total Baths Unit1 1 Total Baths Unit2 1 Water Heater Type Gas

Property Features

Annual Expense Actual 34056 Buildings 1 Cfd Mello Roos Fee 0.0 Cfd Mello Roos Fee Reflects Year Gross Scheduled Income Actual 103200 Possession Close Of Escrow Terms Exchange Unit Number For Unit1 1 Unit Number For Unit2 2 Unit1 Rent Actual 3850.0 Unit2 Rent Actual 4750.0 Zoning Assessor

San Diego MLS logo Listing provided courtesy of Bill Larson of First Team Real Estate: 562-301-0390. Listing information © 2023 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS, Inc. Licensed in the state of California.
 
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Tiffany Torgan | Prestige Properties Enterprises
7855 Ivanhoe Ave. Suite 210
La Jolla CA, 92037