2123 W Columbia Street, Long Beach, California 90810
  • $1,349,000
  • $1,395,000

Overview

Property ID: SB24066151
  • Apartment, Residential Income
  • Property Type
  • 3338 Sqft
  • Area Size
  • 1946
  • Year Built

Description

Back on market after buyer unable to perform. Prime investment opportunity for a savvy investor! The property is now priced under $225, 000 per unit, situated on a tranquil cul-de-sac and within walking distance to Steven’s Middle School. This meticulously maintained property offers four updated units, comprised of a diverse unit mix of (1) 3bd 1.5ba owners unit (1) 2bd 1.5 bath (3) 1bd 1ba and (1) studio. Recent upgrades include updated plumbing, electrical, water heater(s), wall heater(s), and interior renovations. The large driveway offers plenty of off street parking for the tenants. This excellent value-add opportunity boasts a huge upside in income potential. Additional income is available with a coin-operated laundry room with a $200 monthly revenue potential. Priced attractively under $225, 000/ unit, this investment gem is a rare find in Long Beach. Don’t miss out on the chance to secure a lucrative investment property with strong tenant demand and substantial income growth potential.

  • Address: 2123 W Columbia Street
  • City: Long Beach
  • State/county: CA
  • Zip/Postal Code: 90810
  • Country: US

Details

Updated on December 19, 2024 at 5:54 am
  • Property ID SB24066151
  • Price $1,349,000
  • Property Size 3338 Sqft
  • Land Area 0.213 Acres
  • Year Built 1946
  • Property Type Apartment, Residential Income
  • Property Status Closed

Additional details

  • Listing Terms Cash, Cash to New Loan, Conventional
  • Sewer Unknown
  • Cooling Wall/Window Unit(s)
  • Heating Wall Furnace
  • County Los Angeles
  • Property Type Residential Income
  • Pool None
  • Community Features Biking, Street Lights, Suburban, Park

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