Breakers Hotel is a landmark 14-story building on Ocean Avenue in downtown Long Beach. The building opened in 1926 as a luxury oceanfront resort hotel. The building has been renamed at various times the Hilton, the Wilton, and the Breakers International Hotel. It has had a history of ups and downs but now is prospering and operated as a high-end retirement home. The building has been designated as a Long Beach Historic Landmark.
After a $23 million earthquake retrofitting and restoring its 1920s-style Romanesque architecture, the building re-opened in November 1990 as a residence for senior citizens. As of October 1991, the Breakers had 38 residents with an average age of 84, paying rents starting at $1,000 a month, including three meals a day, housekeeping and local transportation. The now very vibrant community is active and immersed in recreational and cultural activities.
In 1997, the Sky Room, originally developed by Conrad Hilton in 1938, was restored and re-opened by the property's new owner Bernard Rosenson. Mr. Rosenson restored the Art Deco look of the Sky Room and redesigned it to focus on its 360-degree view. The new Sky Room offered an "ultra-retro menu" and music by a swing and jazz band called the Sky Room Orchestra.
74 units in prime area near beach and Belmont Shore.
One building with large interior courtyard, pool, exercise room, rec room, 102 secured semi-subterranean parking spaces with storage for each. Separate electric meters and water heaters for each unit! laundry room with 9 washers and 4 commercial dryers.
Approved by city of Long Beach for condo conversion.
We are pleased to present 32 luxury condominium units with current white papers located at 4200 E Anaheim in Long Beach, CA. The property is located in a strong rental market just west of the upscale housing community, Park Estates, and prestigious Cal State Long Beach. The 2013 state-of-the-art constructed building consists of approximately 41,712 sq ft on a 32,625 sq ft lot. The 32 unit consist of 6 one-bedroom/one-one-half bath units, 1 one-bedroom/two-bath/den unit, 21 two-bedroom/two-bath/den units, and 4 two-bedroom/two-bath units. While the units are currently rented, the white papers allow a future exit strategy of selling the units individually as condominiums. Amenities within each unit include: stone counters, custom cabinetry, high-end flooring, and washer and dryer. The property also features common area amenities such as a lush landscaped courtyard, recreation/exercise room, large elevator, and semi-subterranean garage containing 69 parking spaces and storage units. This is an extraordinary opportunity to acquire a newly constructed 32-unit luxury condominium building. The highly desirable location of this investment opportunity aligns investors for a successful long term or short term hold and resale as condominiums.
Las Brisas is a condominium community located exactly one-half mile from the ocean in beautiful Huntington Beach, CA. This desirable portfolio of condominiums is owned and professionally operated by a local private investor and represents a truly rare, core coastal, A+ location investment opportunity. This three story condominium community, consisting of 76 total units built in 1981. We are pleased to be presenting 39 of these 76 units in this portfolio offering. All floor plans are a two-bedroom/one-bathroom configuration and units are evenly distributed throughout this exclusive, gated community.
The 39 units possess individual APN numbers and currently sell in the $400K range; in previous years the units commanded values upwards of $550K. The property and unit interiors are highly amenitized with opportunities for enhancements which both the market-rental tenant, and end-user sale, bases will demand and absorb.
With the development of Pacific City well underway, the evolution of Downtown Huntington Beach will continue inching westward. Accordingly, this will trend the already superior micro-location of Las Brisas upward, outpacing all other core coastal Southern California multifamily investment opportunities.
Development / Investment opportunity to own this Multi-Unit apartment building located in a Desirable Location of Central Hollywood. Large 21,000 sqft Corner Lot west of La Brea and on the south side of Hollywood Blvd. 23,897 sqft of rent-able living space with 44 Residential Units. (1) Bachelor (27) Studios (16) 1 Bedrooms. Lanai Apartment Complex amenities include sparkling on-site pool, spacious laundry facility and gated subterranean parking. This property offers developers and investors the opportunity to acquire an asset with a stable operating history and many upgrade possibilities. This property is subject to Los Angeles rent control and is zoned LAR3. Unit Configurations (1) Bachelor (27) Studios (16) 1 Bedrooms. Walking distance to Kodak Theater, Walk of Fame, Grauman?s Chinese Theater, Restaurants and more. Property being sold Tenant Occupied and in AS-IS condition. Call or Text Listing Agent Sarah Martin (714) 317-9002 or Downey Thomas (562) 754-9700.
Newer modern apartment building that blends contemporary design with open living spaces. Desirable security building. Attractive entry with landscaped greenery in courtyard. Open floor plans. Terrific views. Deluxe kitchens with microwaves, stainless steel refrigerator (with ice-makers), dishwashers, gas ranges, designer cabinets, stone counter tops, and washers & dryers in units. High ceilings, spacious private sun decks with city views. Hardwood floors, tiled bathrooms, central air conditioning and heat, mirrored closets, pre-wired for high speed Internet, cable or Direct TV (in units with roof access). Appealing unit mix. Quality building. Pride of ownership. Standard sale. Do not disturb tenants. Buyer to cooperate with sellers 1031 exchange.
The Retreat in Laguna is a renowned community of eight ultra-luxurious oceanfront villas overlooking one of the most beautiful coastlines in Southern California. Each villa is a one-bedroom suite with high-end upgrades and amenities. The luxury amenities include ocean views, private patios or balconies, fully equipped gourmet kitchens with granite countertops and luxury appliances, outdoor barbeque grills and a rooftop deck. The property is situated steps from the ocean and minutes to historic downtown Laguna Beach and all of the city's main attractions.
Assume 13 unit property Ocean views. One of the nicest buildings in town walk to beach. Call listing agent regarding current loans of record. Large units with ocean views that are always rented. Units are all upgraded and have balconies overlooking the ocean.