1110 Loma Avenue, Long Beach, CA 90804

$725,000 Asking Price

3 beds
2 baths
1,500  sqft
Built in 1920

First time on the market in generations. Calling all contractors, renovators, flippers, and investors! As-is cash only sale is an outstanding investment opportunity on a 6,243 square foot lot, this single-family home is boarded for safety due to being fire damaged. Property is zoned LBR4R, allowing for townhomes, multi-family residential, supportive, transitional and other possible income generating uses. Ideal investment with a lot of options for maximizing income. Parking space includes a long driveway and a spacious detached garage or storage building. Near major freeways, restaurants, coffee shops, cafes, grocery stores, beaches, Recreation Park Golf Course 18, gym and fitness venues, and more. This is the first time on the market in generations. This desirable location will sell fast.Walking distance to Bryant Elementary School, Jefferson Middle School, and Wilson High School. Don't miss out--this exceptional opportunity offers a perfect place to create your dream home or to develop an investment property with multifamily income streams.

Features & Amenities

Interior

Laundry:
N/K
A/C:
N/K
Heating:
N/K
Fireplace:
N/K

Exterior

Pool:
None
Parking:
Parking spaces: 5

Construction

General:
1 Story

Location

County:
Los Angeles

Lot

Zoning:
R4R, 7254001014
View:
N/K

Utilities

Water:
Public
Sewer:
Public Sewer

This listing courtesy of:
John Mark Real Estate, Lisa Kroese

About Long Beach, CA

Housing

Number of Units
175,024
Median Home Value
$609,280
Median Rent
$1,366

59.74% of housing units are renter occupied.

5.02% are vacant.

Commute

Car
66.45%
Public Transportation
4.19%
Walk to Work
2.20%
Work from Home
25.81%
Other
0.71%

The median travel time to work is 25 minutes.

People

Population
468,277
Median Age
36.00
Median Household Size
2.84

Education

High School
18.18%
Associate’s Degree
7.24%
Bachelor’s Degree
21.08%
Graduate Degree
11.09%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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