Located in the heart of Alamitos Beach, we are pleased to present this opportunity to own The Esperanza Apartments. This property includes four large 900 sqft 1-bedroom / 1-bathroom units, prime for a conversion into 2-bedroom units and a laundry room. 126 Esperanza is a few blocks from Downtown Long Beach and two blocks from the beach. With a walk score of 90, this is the most walkable zip code in Long Beach. Your tenant base will enjoy a short distance to amazing restaurants like Ellie’s, 555 East American Steakhouse, and The Plunge in addition to an awesome nightlife at bars like Black Long Beach, The Blind Donkey, and much more. The property has beautiful original hardwood floors, tiled fireplaces, wood built-ins, and aesthetic period detailing. The owner meticulously maintained the property's features and recently installed copper plumbing throughout the building as well as a large portion of new windows. Finally, the laundry room is a separate room above the building with coin laundry which provides additional income.