1 /
8
Map
$3,035,029*
●
Multifamily -
Off Market
125 E Spring Street
Long Beach, CA 90806
Studio
0 Bath
$1,868,000 - $2,282,000
Reference Base Price*
46.27%
Since Jan 1, 2020
National-US
Primary Model
About This Property
125 Spring Street is a 9-unit investment opportunity in the
Wrigley-Memorial Heights neighborhood of Long Beach. Built in 1963,
the building features (4) two-bedroom/one-bath units and (5)
one-bedroom/one-bath units, as well as (6) garages.
Wrigley-Memorial Heights offers commuters quick access to all parts
of Long Beach and Greater Los Angeles via major freeways as well as
the Metro Blue Line, which runs between Downtown Long Beach and
Downtown Los Angeles, with 22 stops along the way. Also in close
proximity are employment and retail hubs - the Douglas Park office
park and the Long Beach Exchange. The city is also in the midst of
planning for the Globemaster Specific Corridor, the 93-acre site
formerly home to Boeing's C-17 manufacturing site. Recently
purchased by Goodman Group, plans will potentially encompass
commercial and residential projects. This property provides an
excellent opportunity for an investor to own an asset with over 18
percent upside potential in a dynamic and growing location. Wrigley
Heights is a hidden gem that is well- known for both its name and
its tradition as a well-established historic neighborhood. As one
of the earliest developments of Long Beach, this neighborhood has
seen a lot of change but remains largely untouched by time. Tidy
streets lined with palm trees and carefully tended lawns give this
area the nostalgic feeling of suburban America.
Unit Size
-
Days on Market
-
Land Size
7,970.00 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
1963
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Dec 6, 2019 | Relisted | $2,075,000 | |
Relisted | |||
Dec 5, 2019 | No longer available | - | |
No longer available | |||
Nov 28, 2019 | No longer available | - | |
No longer available | |||
Nov 16, 2019 | No longer available | - | |
No longer available | |||
Nov 9, 2019 | No longer available | - | |
No longer available |
Show More
Property Highlights
Garage
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
08/28/2019
|
|
Studio
|
-
|
-
|
$2,075,000
Studio
-
|
-
-
|
-
|
-
|