Introducing 340 E 19th, a prime duplex situated in the vibrant heart of Long Beach. This property radiates coastal charm and offers unparalleled convenience, just a 10-minute drive from both the sparkling ocean and the lively downtown area. Enjoy easy access to shopping centers, transportation, and freeways, while being close to Pine Street and Downtown Long Beach, which provide a wealth of dining, entertainment, and cultural experiences.
Set on a distinctive 5,833-square-foot lot, this property presents the exciting potential to add an additional Accessory Dwelling Unit (ADU), allowing for exceptional flexibility and future development opportunities. The duplex features a generous 2-bedroom unit with 1.5 bathrooms and a spacious backyard accommodating up to four vehicles or recreational toys. The front unit boasts three bedrooms, two bathrooms, and parking space for up to three vehicles in the driveway.
Both homes have been meticulously upgraded, including modern electrical and panel systems, dual-pane windows, copper plumbing, a newer roof, tankless water heaters, and energy-efficient split air conditioning units. At 340 E 19th, you are not merely acquiring a property; you are investing in a promising real estate opportunity, versatile development potential, and the coveted Southern California lifestyle.
The income description goes here to explain
List Price | $939,888 |
Property Type | Duplex (2-units) |
Usable Sqft | Unknown |
Number of Stories | 1 stories |
Parking Spots | 0 spots |
Year Built | 1912 |
Last Sold | Unknown |
Sold Price | Unknown |
HOA Fees: | $0 |
Association Name: | Unknown |
Association Amenities: | Unknown |
APN # | 7209008010 |
MLS # | OC24171655 |
Property ID | 292029283 |
Lot Sqft | 5,833 |
Zoning | LBPD29 |
Total Units | 2 |
Days on Market | 64 |
Original List Price | $949,888 |
Applicances | Gas Cooktop,Gas Oven,Range Hood,Tankless Water Heater,Vented Exhaust Fan,Water To Refrigerator% |
Date Updated | September 30, 2024 |
Date Created | August 15, 2024 |
Unit # | Beds | Baths | Current Rent | Proforma Rent |
Unit #1 | $5,095 | $0 |
Net Income (Yr) | $ 58,280 |
Cap Rate | 6% |
Eric Lem an agent of . Lic #01988183
© 2024 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of September 30, 2024 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
2708 Wilshire Blvd #197
Santa Monica, CA 90403
California ## 01956587
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT