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$ 1,200,000
Est. payment | /mo
5 Beds
4 Baths
4,882 Sqft Lot
$ 1,200,000
Est. payment | /mo
5 Beds
4 Baths
4,882 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW24187680
Bedrooms 5
HOA Y/N No
Lot Size 4,882 Sqft
Property Description
Located in the heart of Long Beach, this multi-unit apartment building offers a prime investment opportunity for those looking to capitalize on the city's growing real estate market. The building features a mix of one and two bedroom units, providing a diverse tenant base and consistent rental income potential. In addition, there's a possibilitiy to build add-on units in the empty lot. Its proximity to public transportation, shopping centers, and local amenities makes it an attractive option for renters. With steady demand for affordable housing in the area, this property promises significant appreciation and potential for renovations that can further increase its value over time.
Located in the heart of Long Beach, this multi-unit apartment building offers a prime investment opportunity for those looking to capitalize on the city's growing real estate market. The building features a mix of one and two bedroom units, providing a diverse tenant base and consistent rental income potential. In addition, there's a possibilitiy to build add-on units in the empty lot. Its proximity to public transportation, shopping centers, and local amenities makes it an attractive option for renters. With steady demand for affordable housing in the area, this property promises significant appreciation and potential for renovations that can further increase its value over time.
Located in the heart of Long Beach, this multi-unit apartment building offers a prime investment opportunity for those looking to capitalize on the city's growing real estate market. The building features a mix of one and two bedroom units, providing a diverse tenant base and consistent rental income potential. In addition, there's a possibilitiy to build add-on units in the empty lot. Its proximity to public transportation, shopping centers, and local amenities makes it an attractive option for renters. With steady demand for affordable housing in the area, this property promises significant appreciation and potential for renovations that can further increase its value over time.
Location
State CA
County Los Angeles
Area Long Beach (90805)
Zoning Public Rec
Building
Lot Description Curbs
Story 2
Lot Size Range 4000-7499 SF
Others
Monthly Total Fees $75
Acceptable Financing Exchange
Space Rent $1,600
Listing Terms Exchange
Listed by Ivette Reese • Koinos Real Estate Group
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Roy Wannamaker
REALTOR® | Lic# CA DRE 01838753