
Description
We are pleased to announce the sale of 1075 Obispo a 9-unit apartment community located in Long Beach, California. This property provides the rightinvestor an opportunity to acquire a turnkey asset that has had extensive repairs and renovations performed within the last year.Renovated in 2020 and built in 1963, 1075 Obispo is a two story, 9-unit apartment community with parking garages. It comprises all 2 / 1.0 floor plans with an average size of 750 square feet for a total rentable building area of 6,750 square feet. EXTENSIVE RENOVATIONS BY THE CURRENT OWNER The current owner has invested extensively in renovatingthe interiors of the units, adding quartz countertops, waterproof vinylflooring, stainless steel appliances, modern style white cabinets withsoft close, ceiling fans, new paint, and fully upgraded bathrooms withtile shower enclosures.VERY WALKABLE WITH AN 88 WALKSCORE The community features a high Walk Score of 88 meaning its very walkableand most errands can be done on foot. It is within walking distance tonumerous grocery stores, restaurants, coffee shops, bars, and parks.
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0BEDS
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0.15ACRES
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0BATHS
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01/2 BATHS
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6,750SQFT
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$414$/SQFT
School Ratings & Info
Description
We are pleased to announce the sale of 1075 Obispo a 9-unit apartment community located in Long Beach, California. This property provides the rightinvestor an opportunity to acquire a turnkey asset that has had extensive repairs and renovations performed within the last year.Renovated in 2020 and built in 1963, 1075 Obispo is a two story, 9-unit apartment community with parking garages. It comprises all 2 / 1.0 floor plans with an average size of 750 square feet for a total rentable building area of 6,750 square feet. EXTENSIVE RENOVATIONS BY THE CURRENT OWNER The current owner has invested extensively in renovatingthe interiors of the units, adding quartz countertops, waterproof vinylflooring, stainless steel appliances, modern style white cabinets withsoft close, ceiling fans, new paint, and fully upgraded bathrooms withtile shower enclosures.VERY WALKABLE WITH AN 88 WALKSCORE The community features a high Walk Score of 88 meaning its very walkableand most errands can be done on foot. It is within walking distance tonumerous grocery stores, restaurants, coffee shops, bars, and parks.
Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-19T21:42:52.41. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Forss Realty Group. Licensed in the State of California, USA.