Properties
Long Beach, CA 90802 350 Tile Avenue
$1,849,000
Pending
11 more
Presented By: Juan Huizar with Sage Real Estate Group, Inc.; 562-307-0838
Baths • 3
SQFT • 5,477
Garage • 9
Home Details
Introducing one of the largest 4-unit properties in the highly sought-after Alamitos Beach neighborhood of Long Beach. Built in 1987, this spacious building offers over 5,477 sq. ft. of living space, in-unit laundry, and 9 ground-level parking spaces—a rare and valuable amenity in the area. The generous units currently generate strong rental income, and a non-conforming “bonus” 5th unit provides additional income potential. Perfect for an owner-occupant or investor seeking a well-maintained building just four blocks from the ocean, this property combines location, size, and income opportunity in one exceptional package.
Presented By: Juan Huizar with Sage Real Estate Group, Inc.; 562-307-0838
Interior Features for 350 Tile Avenue
Other Interior Features
Air Conditioning Y/NNo
Common Walls2+ Common Walls
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringVinyl
Heating Y/NYes
Interior AmenitiesGranite Counters
Laundry FeaturesWasher Hookup, Gas Dryer Hookup
Total Stories3
Other Rooms
Entry Level1
General for 350 Tile Avenue
AccessibilityNone
Additional Parcels Y/NNo
AppliancesGas Oven, Gas Range, Refrigerator, Water Heater
Building Area UnitsSquare Feet
Cap Rate5.4
CityLong Beach
Community FeaturesCurbs, Sidewalks
CoolingNone
CountyLos Angeles
Current FinancingConventional
DirectionsSouth of 4th St on Tile Ave
DisclosuresRent Control
Electric Expense1829.1
Entry Location1
Fuel Expense
Garage Spaces9
Garage Y/NYes
Gross Income
HeatingWall Furnace
Insurance Expense4800
Land Lease Y/NNo
LevelsOne, Two, Three Or More
Listing TermsConventional, Submit
Lot Size Square Feet4238
Lot Size UnitsSquare Feet
MLS Area4 - Downtown Area, Alamitos Beach
Net Operating Income98166
New ConstructionNo
Number Of Units Total4
Number of Units Leased5
Operating Expense49098
Pool FeaturesNone
PostalCityLONG BEACH
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidential Income
Rent Control Y/NYes
RoofComposition, Shingle
Senior Community Y/NNo
SewerPublic Sewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusPending
StatusPending
Stories Count1
Subdivision NameAlamitos Beach (AB)
Tax Lot1
Taxes$24,375
Total Actual Rent12505
Trash Expense2481
UtilitiesElectricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
ViewNone
Walk Score3
Water Sewer Expense2543.9
Year Built1987
Year Built SourceAssessor
ZoningLBR1N
Exterior for 350 Tile Avenue
Building Area Total5477
Lot Features2-5 Units/Acre
Lot Size Acres0.0973
Lot Size Area4238
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters5
Number of Separate Gas Meters4
Number of Separate Water Meters1
Private PoolNo
Road Frontage TypeCity Street
Road Surface TypePaved
SpaNo
Total Parking9
Water SourcePublic
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
