532 E Esther St
Long Beach, CA 90813
Multifamily For Sale · Multifamily Property For Sale

PROPERTY SHOWINGS ARE SCHEDULED FOR AUGUST 5TH AND AUGUST 12TH FROMT 9 AM to 12 PM. PLEASE CONTACT THE DESIGNATED BROKER TO RSVP. If unable to attend a scheduled showing please contact the broker for a property tour. Auction.com and InSite Investment Realty present a unique opportunity to acquire a 12-unit apartment complex located at 532 E Esther Street in Long Beach California. The subject is located just south of Pacific Coast Highway between Long Beach Boulevard and Atlantic Avenue. The street is primarily residential with single family homes and multi-family properties. The property is centrally located with restaurants retail and the Metro-Rail station all within a short walking distance. The Long Beach (710) and the San Diego (405) Freeways are only minutes away by car. There is a large primarily industrial employment base near the subject in neighboring Signal Hill along the Long Beach Freeway as well as at the Long Beach and Los Angeles Harbors. Built in 1923 the subject consists of approximately 6541 SF of improvements. There are four studio units and eight one-bedroom/one-bath units. The building is of a wood-frame and stucco construction built over a raised foundation. The roofs appear to be flat built-up roofs with decorative tile mansards.

Auction date 8/16/2011.

Starting bid $250,000.