Paloma Carson Llc

Built in 1948, the subject property consists of 10 units, 2 stories on 6, 937 rentable square feet spread throughout a 9, 006 square foot lot. There is one studio, five 1-bedroom / 1-bathroom units and four 2-bedroom / 1-bathroom units. It has a pitched roof the five original garages were converted to ADU's. Tenants enjoy living in proximity to Bixby Knolls where there are many shops, restaurants, cafes, entertainment venues and grocery stores. The city of Long Beach continues to progress forward and is currently experiencing major redevelopment. The Long Beach port is undergoing $4.4 billion in future redevelopment that will create 14, 000 new and permanent jobs in Southern California. The city is undergoing a building boom with more than $5 billion in private and public investments started in 2018 and more expected this year. The new $520 million Long Beach Civic Center development will house a new City Hall, Port of Long Beach headquarters and the Main Library. Long Beach sustains its ability to attract renters due to its strong economy and quality of life.