CA > Long Beach > Bixby Knolls (Bk)
Long Beach, CA 90805,30 W 49th ST
Long Beach, CA 90805,30 W 49th ST
Long Beach, CA 90805,30 W 49th ST
Long Beach, CA 90805,30 W 49th ST
Long Beach, CA 90805,30 W 49th ST
Long Beach, CA 90805,30 W 49th ST
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James Olvera

James Olvera

The Warburton Team

+1(909) 760-9091
$ 3,450,000
Est. payment | /mo

10,079 Sqft Lot

Save
$ 3,450,000
Est. payment | /mo
Save

10,079 Sqft Lot

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Subdivision Bixby Knolls (Bk)

MLS Listing ID PW25184626

HOA Y/N No

Year Built 1963

Lot Size 10,079 Sqft

Property Sub-Type Apartment

Property Description

30 W. 49th Street is a 12-unit stabilized investment opportunity in North Bixby Knolls, offered at a 5.97% cap rate on current rents.
The controlled-access building features mostly two-bedroom units (11 of the 12) and a convenient one-to-one parking ratio. Additional income is generated from on-site laundry facilities. Recent capital improvements include a new roof and new windows throughout, and SB 721 (Balcony Inspection) has been completed.
Situated near the vibrant Bixby Knolls district, residents enjoy walkable access to dining, shopping, and entertainment, along with excellent connectivity to major transportation routes.
Combining strong in-place financial performance, a prime location, and well-maintained condition, this asset offers investors immediate cash flow and long-term appreciation potential in a desirable Long Beach submarket.

Location

State CA

County Los Angeles

Area 7 - North Long Beach

Zoning LBR1N

Interior

Fireplace No

Laundry Common Area

Exterior

Garage Spaces 12.0

Garage Description 12.0

Pool None

Community Features Sidewalks

Total Parking Spaces 12

Private Pool No

Building

Lot Description 11-15 Units/Acre

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 7133032048

Energy Description 3009.0

Acceptable Financing Cash, Cash to New Loan, 1031 Exchange

Listing Terms Cash, Cash to New Loan, 1031 Exchange

Special Listing Condition Standard

CRMLS – RECore
Listed by Robert Stepp Keller Williams Realty Downey 310-463-2916

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