Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Type

SingleFamilyResidence

Bedrooms

26

Building size

16,874 sqft

Lot size

15,912 sqft

Year built

1943

Stories

2

Garage spaces

13

Pool

None

Status

Active

Days on market

484

MLS #

224205596

About this property

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.

Location

5120 E Livingston Drive

Long Beach, Los Angeles, CA, 90803