2632 E 15th Street, Long Beach, California 90804
  • $1,799,000

Overview

Property ID: SR24139942
  • Mixed Use, Residential Income
  • Property Type
  • 4620 Sqft
  • Area Size
  • 1958
  • Year Built

Description

Investment Opportunity in Prime Long Beach Location. We are excited to present an exceptional investment opportunity in the highly sought-after Long Beach area. This well-maintained property comprises six spacious, unfurnished units, each offering 2 bedrooms and 1 bathroom with approximately 770 square feet of living space and well over $120K in renovations and upgrades. The total building area is 4, 620 square feet, situated on a lot of 6, 486 square feet. Key Features: Fully Occupied Units: All six units are currently occupied, ensuring immediate and steady rental income.Desirable Layout: Each unit features 2 bedrooms and 1 bathroom, providing comfortable and functional living spaces. Enclosed Yard: Tenants enjoy the added benefit of an enclosed yard, enhancing the property’s appeal. Prime Location: The property is ideally located near amenities, schools, and transportation. Rent Controlled: The property operates under rent control, offering stability and predictability in rental income. This investment offers a combination of reliable income and the potential for long-term appreciation in a coveted area. Great long term tenants, low maintenance. Don’t miss out on this outstanding opportunity to bolster your investment portfolio with this bread and butter 6-unit residential income property.

  • Address: 2632 E 15th Street
  • City: Long Beach
  • State/county: CA
  • Zip/Postal Code: 90804
  • Country: US

Details

Updated on September 12, 2024 at 9:47 pm
  • Property ID SR24139942
  • Price $1,799,000
  • Property Size 4620 Sqft
  • Land Area 0.1489 Acres
  • Year Built 1958
  • Property Type Mixed Use, Residential Income
  • Property Status Closed

Additional details

  • Listing Terms Cash to New Loan
  • Utilities Cable Available, Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected
  • Sewer Public Sewer
  • Cooling None
  • County Los Angeles
  • Property Type Residential Income
  • Pool None
  • Parking Assigned, Tandem, Uncovered
  • Community Features Street Lights, Sidewalks
  • Architectural Style Traditional

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