5120 E Livingston Drive, Long Beach, CA 90803
- $12,200,000
- List Price
- $12,200,000
- Status
- ACTIVE
- MLS#
- PW25065019
- Year Built
- 1943
- Lot Size
- 15,912
- Acres
- 0.37
- Lot Location
- 26-30 Units/Acre
- Days on Market
- 179
- Property Type
- Multifamily
- Property Sub Type
- Mixed Use
- Stories
- Two Levels
- Neighborhood
- Belmont Park (Bp)
Property Description
Livingston Place is a 26-unit apartment complex located at 5120 Livingstone Drive in the highly sought-after Belmont Shore rental submarket of Long Beach. Attractive assumable financing is available at 2.97% with 60% LTV through 2030. The property consists of all 1-bedroom, 1-bathroom units in varying sizes, all remodeled with modern kitchens and bathrooms. A spacious and inviting common courtyard enhances the living experience, featuring BBQ and dining facilities. Additionally, the oversized lot includes 13 private garages, adding convenience and value for residents. Recent capital improvements include upgraded electrical panels and completed seismic retrofitting. Situated in the heart of Belmont Shore, Livingston Place offers a prime location just steps from the beach and within close proximity to Naples Island, the vibrant shopping and dining scene of 2nd Street, and the picturesque Alamitos Bay.
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Additional Information
- Pool Description
- None
- Garage Spaces Total
- 13
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 26
- Gross Scheduled Income
- $775,903
- Operating Expense
- 293456
Listing courtesy of Listing Agent: Robert Stepp (rstepp@steppcommercial.com) from Listing Office: Keller Williams Realty Downey.
Mortgage Calculator
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