Caleb Baldwin & Juan Huizar Facilitate $3.15M Sale Of Long Beach Multifamily

A garden-style building named "The Euclid" with 12 one-bedroom units located at 3650 East 2nd Street in Long Beach was sold for $3,150,000. The property spans 7,581 square feet and was transacted at a price per unit of $262,500 and a price per square foot of $416, offering amenities such as storage facilities and garages. Positioned in the desirable rental district of Belmont Heights near popular dining spots on 2nd Street and Broadway, this multifamily asset presents an attractive investment opportunity in Long Beach.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $3,150,000
• Units: 12
• Price Per Unit: $262,500
• Square Footage: 7,581
• Market: Long Beach
• Brokers: Caleb Baldwin & Juan Huizar - Sage Real Estate

Caleb Baldwin and Juan Huizar from Sage Real Estate facilitated the sale of "The Euclid," a multifamily property in Long Beach. Specializing in real estate transactions, the brokers managed the deal involving this 12-unit building situated near the beach and various dining establishments, showcasing their expertise in the vibrant coastal market.