111 Bay Shore Ave, Long Beach, California, United States

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Home For Sale

$2,795,000

111 Bay Shore Ave
Long Beach, California, United States

4bd 2ba

Listed By: Realtyww Info

Listed On: 06/19/2023

Listing ID: GL9994281 View More Details

Description

Amazing trophy property and investment opportunity on The Corner. Now is your chance to own a duplex at the beach with 180-degree views of Alamitos Bay. The property is front row and you can walk out of your extra wide front patio onto the sand. Both units feature 2 bedrooms, 1 full bath, spacious living rooms, and indoor-outdoor living. The upstairs unit has a perfect balcony to take in the views, while the downstairs unit includes bay views from a large brick patio with room for outdoor dining and entertaining. The property is on a lot and a half and plans were previously approved to build two townhomes! Great income producer that has been used as a vacation rental and a long-term rental with the potential for huge returns either way. The duplex features 2 single garages as well as 3 parking places, which is highly desirable in this area. During the summer months the city closes Bayshore street creating a large boardwalk and amazing environment that you have direct access to. One of the units is currently vacant operating as a vacation rental and the other is month to month. Providing a buyer, the maximum flexibility to utilize the property any way they want in the future. The position on the block looks straight down the bay, one of only a few lots on Bayshore with this much frontage and views. This location is a short walk to all the amenities, shopping and restaurants in Belmont shore and Naples! This opportunity has not been offered for 29 years.

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Listed by: First Team Real Estate

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