2632 E 15th Street, Long Beach, California 90804
- $1,799,000
- $1,799,000
Overview
- Mixed Use, Residential Income
- 4620 Sqft
- 1958
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
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Address: 2632 E 15th Street
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City: Long Beach
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State/county: CA
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Zip/Postal Code: 90804
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Country: US
Details
Updated on September 12, 2024 at 9:47 pm-
Property ID SR24139942
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Price $1,799,000
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Property Size 4620 Sqft
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Land Area 0.1489 Acres
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Year Built 1958
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Property Type Mixed Use, Residential Income
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Property Status Closed
Additional details
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Listing Terms Cash to New Loan
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Utilities Cable Available, Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected
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Sewer Public Sewer
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Cooling None
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County Los Angeles
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Property Type Residential Income
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Pool None
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Parking Assigned, Tandem, Uncovered
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Community Features Street Lights, Sidewalks
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Architectural Style Traditional
Mortgage Calculator
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