$548,000

Investor opportunity at the iconic Villa Riviera! This 9th-floor, 1-bedroom, 1-bath condo offers approximately 839 square feet with sweeping views of the Pacific Ocean, Catalina Island, Queen Mary, and Long Beach coastline. The home blends historic character with functionality, featuring high ceilings, hardwood floors in the living area, a well-preserved vintage bathroom with original tile and tub, generous closet space, and flexible areas that can be used for storage or a home office. The unit is currently tenant occupied at market rent, with the lease in place through the end of June 2027, offering an investor immediate rental income with an established long-term tenant who would like to remain. Villa Riviera amenities include direct beach access, an oceanfront patio, barbecue area, shuffleboard, cabana with gas fire pit, and secure bicycle storage. HOA dues include cable, high-speed internet, electricity, gas, water, and trash. The unit is also Mills Act approved, offering the potential for significant property tax savings. A rare chance to own a tenant-occupied investment property in one of Long Beach’s most historic and recognizable coastal buildings.