2223 Myrtle Avenue

Description

the opportunity to acquire 2223 Mrytle, a 14-unit secured access community located in Long Beach, California. The property has recently undergone significant renovations. Exterior upgrades include new windows, new paint, new garage door hardware, lighting, security gates, intercom system, stairway upgrades and a fresh slurry and stripped parking lot, along with professional landscaping upgrades. Interior kitchen upgrades include new custom cabinets and hardware, modern quartz counter tops, new stainless-steel appliances (including refrigerator, dishwasher, microwave, and stoves), new sinks, and custom facets. Bathroom upgrades include new custom cabinets and counter tops, new bathtubs, and custom tile enclosures. Flooring and custom lighting is new throughout the interior. Upstairs units have vaulted ceilings, creating a spacious feel. The building’s electrical system has new subpanels, each unit has an individual water heater and tenant pay they own gas and electricity. A RUBS system has been initiated for water and sewer expenses. Every living room and bedroom has a newer a/c unit. The property is located within a walkable distance to many nearby points of interest such as Long Beach City College, MLK Jr. Park, and PCH. This prime location, when paired with the high-quality renovations allow 2223 Mrytle to easily capitalize on a large potential tenant base and strong local economy.

Listing information courtesy of: Mike Marcu, Mike Marcu, Broker . *Based on information from the Association of REALTORS/Multiple Listing as of 10/20/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.