Courtesy of: Kevin King 01158184 | Marcus & Millichap
Purchase Type: Sale
MLS ID: PW21194764MR
Days On Market: 39
Square Footage: 9,811 Sq ft
Property Type: Residential Income
Property Subtype: Apartment Building
Swimming Pool: No
Address: 3437 S Carolina ST #1
County: Los Angeles
City: San Pedro
We are pleased to present an 8-unit multifamily property located at 3427 South Carolina Street located in Long Beach, CA. Built in 1980, the subject property consists of 9,811 rentable square feet spread throughout a 12,012 square foot lot. The building consists of one studio unit, six 2-bedroom / 1-bathroom units, and one 3-bedroom / 2-bathroom unit. It contains one 1-car garage, four 2-car garages and a communal private ocean-view patio for tenant enjoyment. The units were fully renovated and re-imagined, including creative amenities such as new kitchens & bathrooms, vinyl floors, mini-split A/C, and open living areas. The layout for each unit was redesigned to maximize living space, emphasize natural light, and to accentuate modern architectural elements. Tenants enjoy living a short distance to local beaches, the Korean Bell of Friendship, as well as shopping, restaurants, and nightlife. The city of San Pedro continues to progress forward and is currently experiencing major redevelopment. The Port of Los Angeles is undergoing $3.6 million in future redevelopment that will enhance public access and provide unprecedented views of the Los Angeles waterfront. The city is undergoing a building boom in private and public investments in various stages of development. The new San Pedro Public Market development will include shopping, dining entertainment and recreation as well as development of a continuous waterfront promenade. San Pedro sustains its ability to attract renters due to its strong economy and quality of life.
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