Pleased to present the opportunity to acquire The Ocean Blvd Fourplex, a 4 unit apartment building located in the Alamitos Beach area of Long Beach, CA. The property offers an excellent mix of units including (4) large 2 bedroom 1 bath units each facing the ocean with 6 detached garages, a rare benefit in coastal Long Beach.
Current zoning allows for huge development potential including replacing the existing structure with a four story building consisting of (12) 2 bedroom 1 bath units or maintaining the existing structure and utilizing the open space to build (4) ADU’s. This is a unique opportunity for an investor to acquire an asset in a premium location with massive potential.