Unlock the potential of this 6-unit multi-family property located in the heart of Long Beach! Offering a mix of spacious (2) 1 bed +1 bath units as well as (4) 2 bed + 1 bath units, this well-maintained building can be sold together or separately, with 1001 E 20th St consisting of 6 units and 1015 E 20th St featuring 4 units with ADU potential. Both buildings offer ample parking with gated parking lots. This is a fantastic opportunity for investors seeking consistent rental income with upside potential. Located in a thriving rental market with easy access to major freeways, shopping, dining, and local amenities, this property is perfect for both seasoned investors and those looking to complete a 1031 exchange. With an immediate cash flow and a clear path to increased revenue, this Long Beach gem won’t last long!
The income description goes here to explain
List Price | $1,760,000 |
Property Type | Condo/Co-Op |
Usable Sqft | Unknown |
Number of Stories | 2 stories |
Parking Spots | 0 spots |
Year Built | 1924 |
Last Sold | Unknown |
Sold Price | Unknown |
HOA Fees: | $0 |
Association Name: | Unknown |
Association Amenities: | Unknown |
APN # | 7210021012 |
MLS # | SB24211287 |
Property ID | 320952794 |
Lot Sqft | 4,236 |
Zoning | Unknown |
Total Units | 6 |
Days on Market | 14 |
Original List Price | $1,760,000 |
Date Updated | October 15, 2024 |
Date Created | October 04, 2024 |
John Stiegler II an agent of Lyon Stahl Investment Real Estate, Inc.. Lic #01981597
© 2024 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of October 15, 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