New Listing – Duplex with Remodeled Rear Unit in Long Beach
Cameron Samimi and Parker Boehle of Lyon | Stahl are pleased to present 68 70 W Arbor St, a duplex in Long Beach!
This property is listed for $700,000
Great duplex opportunity within walking distance to Virginia Country Club at 68-70 West Arbor St., Long Beach, CA.
West Arbor St. comes with (2) 2-bed/1-bath units that are currently receiving strong rental income. The rear unit has been completely remodeled and in beautiful shape, perfectly suited for top of the market rent. Upgrades include new hardwood flooring, new kitchens and bathrooms, and a fresh layer of paint throughout. The property is equipped with a large, two-car garage, which is a great source for providing the new owner additional income. The massive, 7,000 Sq.Ft. lot comes with a nicely landscaped backyard, great for all family activities. Aside from being located adjacent to Bixby Knolls, 68-70 West Arbor St. has great freeway and transit access.
This is an ideal owner/user opportunity available in the up and coming North Long Beach.
• Great location, right next to Virginia Country Club
• (2) 2-bed/1-bath units receiving strong rental income
• The rear unit has been completely remodeled, beautiful condition
• Property equipped with a large, two-car garage, great for additional owner income
• Easy freeway and transit access
• Ideal owner/user opportunity available in the up and coming North Long Beach
Long Beach has emerged as a popular coastal community in Southern California. Located south of the city of Los Angeles, it has a population of about 471,000. Located near the 405 and 710 freeways, and with access to the Metro Blue Line train, Long Beach provides easy commutes to major employment hubs in Los Angeles and Orange County. Long Beach is also home also home to major businesses such as Verizon, Molina Healthcare, and the Port of Los Angeles.
Dozens of projects are transforming the city’s landscape, with more than $2.5 billion in capital pouring into Long Beach. These include the Douglas Park Redevelopment, a 261 acre mixeduse project on the site of the former Boeing campus. It will bring over 5000 jobs to Long Beach and will be home to nearly 30 businesses such as Mercedes–Benz US West headquarters and Virgin Galactic.